Somewhat Favorable Press Coverage Somewhat Unlikely to Impact MicroStrategy (MSTR) Share Price
Media coverage about MicroStrategy (NASDAQ:MSTR) has trended somewhat positive on Wednesday, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MicroStrategy earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 42.8382093346076 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern’s analysis:
- ETFs with exposure to MicroStrategy, Inc. : November 21, 2017 (finance.yahoo.com)
- MicroStrategy Incorporated : 10.9™ Connector to Jethro Accelerates Speed and Scale of Big Data Exploration (4-traders.com)
- MicroStrategy 10.9™ Connector to Jethro Accelerates Speed and Scale of Big Data Exploration (markets.financialcontent.com)
- MicroStrategy (MSTR) and The Competition Head-To-Head Review (americanbankingnews.com)
- MicroStrategy Announces Oakland Athletics’ Billy Beane as Keynote Speaker for 21st Annual World Conference (finance.yahoo.com)
MicroStrategy (NASDAQ:MSTR) traded up $2.41 during midday trading on Wednesday, reaching $137.00. The company’s stock had a trading volume of 65,800 shares, compared to its average volume of 93,954. The stock has a market cap of $1,540.65, a PE ratio of 20.74 and a beta of 0.66. MicroStrategy has a fifty-two week low of $122.90 and a fifty-two week high of $207.28.
MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings results on Thursday, October 26th. The software maker reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.56. The business had revenue of $125.20 million during the quarter, compared to analysts’ expectations of $125.78 million. MicroStrategy had a return on equity of 12.90% and a net margin of 14.81%. The firm’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.90 EPS. equities analysts forecast that MicroStrategy will post 4.54 EPS for the current fiscal year.
Several research firms recently issued reports on MSTR. Zacks Investment Research upgraded MicroStrategy from a “strong sell” rating to a “hold” rating in a research report on Friday, September 29th. First Analysis cut MicroStrategy from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $225.00 to $140.00 in a research report on Monday, July 31st. BidaskClub cut MicroStrategy from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Mizuho cut their target price on MicroStrategy from $220.00 to $200.00 and set a “buy” rating for the company in a research report on Friday, October 27th. Finally, Deutsche Bank AG cut their price target on MicroStrategy to $150.00 and set a “hold” rating for the company in a report on Friday, September 15th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. MicroStrategy has a consensus rating of “Hold” and an average target price of $155.75.
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MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.
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