News coverage about Time (NYSE:TIME) has been trending positive recently, Accern Sentiment reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Time earned a media sentiment score of 0.28 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.8144186888086 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s rankings:
- It’s Time to Go Long GoPro Inc (GPRO) Stock (investorplace.com)
- Will an Outsider Restructure Time Inc.? - 24/7 Wall St. (247wallst.com)
- Editor with digital background to head Time’s Health magazine - New York Post (nypost.com)
- Time Inc. Doubles Down on Health, Names Lori Leibovich Editor in … - WWD (wwd.com)
- Time Inc. Appoints Lori Leibovich Editor-in-Chief of HEALTH (finance.yahoo.com)
TIME has been the subject of a number of analyst reports. Zacks Investment Research upgraded Time from a “sell” rating to a “hold” rating in a research report on Thursday, August 10th. BidaskClub cut Time from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. ValuEngine upgraded Time from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. Macquarie cut Time from an “outperform” rating to a “neutral” rating and set a $15.00 price target for the company. in a research report on Thursday, June 15th. Finally, Wells Fargo & Company cut Time from an “outperform” rating to a “market perform” rating in a research report on Friday, April 28th. One research analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $15.40.
Shares of Time (NYSE:TIME) traded down 1.98% during mid-day trading on Friday, reaching $12.35. The company’s stock had a trading volume of 949,546 shares. The firm’s 50-day moving average price is $13.87 and its 200 day moving average price is $15.92. Time has a 12-month low of $11.65 and a 12-month high of $20.40. The firm’s market cap is $1.23 billion.
Time (NYSE:TIME) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by $0.03. The company had revenue of $694 million for the quarter, compared to analysts’ expectations of $698.66 million. Time had a negative net margin of 4.34% and a positive return on equity of 7.06%. The business’s quarterly revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.22 EPS. On average, analysts expect that Time will post $1.10 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be paid a dividend of $0.04 per share. The ex-dividend date is Tuesday, August 29th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.30%. Time’s payout ratio is currently -12.31%.
ILLEGAL ACTIVITY WARNING: This report was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this report on another domain, it was copied illegally and reposted in violation of U.S. & international copyright law. The correct version of this report can be accessed at https://stocknewstimes.com/2017/08/18/time-time-given-daily-media-sentiment-rating-of-0-28.html.
About Time
Time Inc is a media and content company. The Company offers a portfolio of news and lifestyle brands across a range of interest areas. As of December 31, 2016, the Company’s brands included People, Time, Fortune, Sports Illustrated, InStyle, Real Simple, Southern Living, Entertainment Weekly, Food & Wine, Travel + Leisure and Essence, as well as approximately 50 titles in the United Kingdom.
Receive News & Ratings for Time Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Time Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
