Leaf Group (LFGR) Getting Somewhat Positive News Coverage, Study Finds
News coverage about Leaf Group (NYSE:LFGR) has trended somewhat positive on Tuesday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Leaf Group earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave media headlines about the technology company an impact score of 47.4344137609483 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s analysis:
- Reviewing Leaf Group (LFGR) and Its Peers (americanbankingnews.com)
- Financial Review: Leaf Group (LFGR) versus Connecture (CNXR) (americanbankingnews.com)
- Leaf Group Sees Unusually Large Options Volume (LFGR) (americanbankingnews.com)
- Leaf Group Ltd. (LFGR) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
LFGR has been the topic of a number of research reports. B. Riley reissued a “buy” rating and set a $10.50 price target on shares of Leaf Group in a report on Friday, August 4th. Zacks Investment Research raised Leaf Group from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Leaf Group currently has an average rating of “Buy” and an average price target of $9.88.
Shares of Leaf Group (NYSE:LFGR) opened at $7.70 on Tuesday. Leaf Group has a twelve month low of $6.05 and a twelve month high of $9.35.
Leaf Group (NYSE:LFGR) last announced its quarterly earnings results on Tuesday, November 7th. The technology company reported ($0.33) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.44) by $0.11. The business had revenue of $33.50 million for the quarter, compared to analyst estimates of $30.93 million. Leaf Group had a negative return on equity of 44.59% and a negative net margin of 25.98%. The company’s quarterly revenue was up 19.2% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.41) EPS. analysts forecast that Leaf Group will post -1.75 EPS for the current fiscal year.
Leaf Group Company Profile
Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.
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