Media stories about Neff Corporation (NYSE:NEFF) have been trending somewhat positive recently, according to Accern. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Neff Corporation earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 45.9603644327838 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- McGrath RentCorp (MGRC) & Neff Corporation (NEFF) Financial Contrast (americanbankingnews.com)
- Neff Corporation (NEFF) Cut to “Buy” at ValuEngine (americanbankingnews.com)
- Investor Network: Neff Corp. to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of NEFF earnings conference call or presentation 3-Aug-17 2:00pm GMT (finance.yahoo.com)
- Chief: Decision needed for fire company merger in Mechanicsburg (cumberlink.com)
Neff Corporation (NYSE:NEFF) remained flat at $21.10 during mid-day trading on Monday. 62,896 shares of the company traded hands. The firm has a 50 day moving average of $19.16 and a 200 day moving average of $17.62. The firm has a market cap of $187.77 million, a PE ratio of 15.14 and a beta of 3.41. Neff Corporation has a 12 month low of $8.05 and a 12 month high of $21.30.
Neff Corporation (NYSE:NEFF) last announced its earnings results on Wednesday, August 2nd. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by $0.16. The company had revenue of $104.10 million for the quarter, compared to the consensus estimate of $104.35 million. Neff Corporation had a negative return on equity of 8.81% and a net margin of 3.26%. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.31 EPS. Equities research analysts expect that Neff Corporation will post $1.71 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the stock. ValuEngine cut shares of Neff Corporation from a “strong-buy” rating to a “buy” rating in a research report on Friday. Jefferies Group LLC reaffirmed a “neutral” rating on shares of Neff Corporation in a research report on Thursday. Zacks Investment Research lowered shares of Neff Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Wells Fargo & Company reiterated a “market perform” rating and set a $18.00 price objective (up previously from $8.50) on shares of Neff Corporation in a research note on Tuesday, June 6th. Finally, Morgan Stanley lifted their price objective on shares of Neff Corporation from $16.00 to $20.00 and gave the company an “equal weight” rating in a research note on Friday, April 28th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Neff Corporation currently has a consensus rating of “Hold” and an average price target of $20.17.
Neff Corporation Company Profile
Neff Corporation is an equipment rental company. The Company offers an array of equipment rental solutions for its customer base, including infrastructure, non-residential construction, oil and gas, and residential construction customers. Its fleet of equipment includes earthmoving, material handling, aerial and other rental equipment.
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