News headlines about Leaf Group (NASDAQ:LFGR) have trended positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news 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 0.33 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 47.2839232676235 out of 100, meaning 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 media headlines that may have effected Accern’s scoring:
- Leaf Group Ltd (NASDAQ:LFGR) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Leaf Group to Participate At The Canaccord Genuity Growth Conference (finance.yahoo.com)
- Leaf Group Ltd (LFGR) Issues Quarterly Earnings Results, Misses Estimates By $0.03 EPS (americanbankingnews.com)
- B. Riley Reaffirms “Buy” Rating for Leaf Group Ltd (LFGR) (americanbankingnews.com)
- Investor Network: Leaf Group Ltd. to Host Earnings Call (finance.yahoo.com)
Leaf Group (LFGR) traded down 2.04% during midday trading on Tuesday, hitting $7.20. The stock had a trading volume of 15,605 shares. The company has a 50-day moving average price of $7.74 and a 200-day moving average price of $7.80. Leaf Group has a 52 week low of $5.30 and a 52 week high of $9.35. The stock’s market cap is $143.58 million.
Leaf Group (NASDAQ:LFGR) last issued its quarterly earnings data on Thursday, August 3rd. The company reported ($0.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.41) by $0.03. The company had revenue of $28.57 million for the quarter, compared to analysts’ expectations of $27.83 million. Leaf Group had a negative return on equity of 53.54% and a negative net margin of 36.78%. Leaf Group’s revenue for the quarter was up 16.9% on a year-over-year basis. Equities analysts expect that Leaf Group will post ($1.73) EPS for the current year.
A number of equities research analysts have recently weighed in on LFGR shares. Zacks Investment Research downgraded Leaf Group from a “hold” rating to a “sell” rating in a report on Thursday, May 11th. Jefferies Group LLC reissued a “hold” rating and set a $9.00 target price on shares of Leaf Group in a report on Friday, June 23rd. Craig Hallum set a $12.00 target price on Leaf Group and gave the stock a “buy” rating in a report on Saturday, June 17th. Finally, B. Riley reissued a “buy” rating and set a $10.50 target price on shares of Leaf Group in a report on Friday, May 5th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $10.04.
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About Leaf Group
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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