Press coverage about Blue Apron (NYSE:APRN) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blue Apron earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.6927825509361 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of Blue Apron (NYSE:APRN) opened at $3.05 on Wednesday. Blue Apron has a 1-year low of $2.94 and a 1-year high of $11.00. The company has a debt-to-equity ratio of 0.48, a current ratio of 3.15 and a quick ratio of 2.73.

Blue Apron (NYSE:APRN) last posted its quarterly earnings results on Thursday, November 2nd. The company reported ($0.47) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.04). The business had revenue of $210.60 million for the quarter, compared to the consensus estimate of $191.47 million. During the same quarter last year, the firm posted ($0.56) earnings per share. The business’s revenue was up 2.5% compared to the same quarter last year. equities research analysts forecast that Blue Apron will post -1.66 EPS for the current year.

APRN has been the topic of a number of research analyst reports. Canaccord Genuity dropped their price objective on shares of Blue Apron from $14.00 to $11.00 and set a “buy” rating on the stock in a report on Friday, August 11th. Needham & Company LLC reissued a “buy” rating and set a $6.50 price objective (down from $10.00) on shares of Blue Apron in a report on Friday, August 11th. Stifel Nicolaus reissued a “buy” rating and set a $8.00 price objective (down from $10.00) on shares of Blue Apron in a report on Friday, August 11th. Guggenheim initiated coverage on shares of Blue Apron in a report on Monday, September 25th. They set a “buy” rating and a $9.00 price objective on the stock. Finally, Barclays dropped their price objective on shares of Blue Apron from $7.00 to $5.00 and set an “equal weight” rating on the stock in a report on Friday, August 11th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $7.12.

In other Blue Apron news, major shareholder First Round Capital Iv, L.P. sold 77,647 shares of the company’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $3.13, for a total value of $243,035.11. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, major shareholder First Round Capital Iv Partner sold 65,728 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $3.03, for a total transaction of $199,155.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,008,250 shares of company stock worth $6,440,187.

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About Blue Apron

Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.

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