Media coverage about Neff Corporation (NYSE:NEFF) has been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Neff Corporation earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 45.9376302796968 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s analysis:
- H&E Equipment Services acquisition tops July M&A activity (neworleanscitybusiness.com)
- FibroGen’s (FGEN) CEO Tom Neff on Q2 2017 2016 Results - Earnings Call Transcript (msn.com)
- Neff Hikes Total Revenue by 4.5 Percent in Second Quarter (m.rermag.com)
- McGrath RentCorp (MGRC) & Neff Corporation (NEFF) Financial Contrast (americanbankingnews.com)
- Neff Corporation (NEFF) Cut to “Buy” at ValuEngine (americanbankingnews.com)
NEFF has been the topic of a number of recent analyst reports. Piper Jaffray Companies restated an “overweight” rating and set a $23.00 target price (up from $21.00) on shares of Neff Corporation in a report on Wednesday, April 19th. Wells Fargo & Company restated a “market perform” rating and set a $18.00 target price (up from $8.50) on shares of Neff Corporation in a report on Tuesday, June 6th. ValuEngine upgraded shares of Neff Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, June 2nd. Jefferies Group LLC boosted their target price on shares of Neff Corporation from $14.00 to $20.00 and gave the stock a “hold” rating in a report on Monday, May 1st. Finally, Morgan Stanley boosted their target price on shares of Neff Corporation from $16.00 to $20.00 and gave the stock an “equal weight” rating in a report on Friday, April 28th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $20.17.
Neff Corporation (NEFF) traded down 0.592% during trading on Tuesday, reaching $20.975. 49,924 shares of the company’s stock were exchanged. The firm has a market cap of $186.66 million, a price-to-earnings ratio of 15.047 and a beta of 3.41. The firm’s 50-day moving average price is $19.16 and its 200-day moving average price is $17.62. 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 the consensus estimate of $0.52 by $0.16. Neff Corporation had a net margin of 3.26% and a negative return on equity of 8.81%. The business had revenue of $104.10 million for the quarter, compared to analysts’ expectations of $104.35 million. During the same period in the prior year, the business earned $0.31 earnings per share. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, equities research analysts anticipate that Neff Corporation will post $1.71 EPS for the current year.
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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