SINA (SINA) Earns Daily Media Impact Score of 0.22
News articles about SINA (NASDAQ:SINA) have trended somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. SINA earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the technology company an impact score of 46.0798681964409 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Charting a bull-trend breakout, S&P 500 reaches ‘clear skies’ territory (marketwatch.com)
- BBC’s Carrie Gracie ‘could not collude’ in pay discrimination (bbc.com)
- Don't Get Greedy with Weibo Corporation Stock (Yet) (finance.yahoo.com)
- Sabic, Celanese in $387m Saudi plant expansion deal (tradearabia.com)
- Celanese’s Polyacetal Facility Comes Online in Saudi Arabia (finance.yahoo.com)
Several brokerages have recently weighed in on SINA. BidaskClub raised shares of SINA from a “sell” rating to a “hold” rating in a research note on Tuesday, December 19th. Zacks Investment Research cut shares of SINA from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Finally, Benchmark raised their price target on shares of SINA from $142.00 to $157.00 and gave the stock a “buy” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $120.67.
SINA (NASDAQ:SINA) last released its earnings results on Tuesday, November 7th. The technology company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.26. SINA had a net margin of 9.41% and a return on equity of 3.36%. The business had revenue of $440.50 million during the quarter, compared to analysts’ expectations of $404.71 million. During the same period last year, the business earned $0.56 earnings per share. The firm’s revenue was up 60.2% on a year-over-year basis. research analysts predict that SINA will post 2.13 EPS for the current year.
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Sina Corporation is an online media company serving China and the global Chinese communities. The Company’s digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile applications) and Weibo (social media) enables Internet users to access professional media and user generated content (UGCs) in multi-media formats from personal computers and mobile devices, and share their interests with friends and acquaintances.
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