Headlines about DigitalGlobe (NYSE:DGI) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. DigitalGlobe earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.755035511727 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s analysis:
- MacDonald, Dettwiler Completes Acquisition of DigitalGlobe (DGI) (streetinsider.com)
- DigitalGlobe: CEO Jeffrey Tarr leaves in merger (innovationews.com)
- Head to Head Review: B/E Aerospace (BEAV) & DigitalGlobe (DGI) (americanbankingnews.com)
- DigitalGlobe merges with Canadian company, CEO steps down (bizwest.com)
- DigitalGlobe CEO Jeffrey R. Tarr departs following successful closing of merger with MDA (seekingalpha.com)
DGI has been the topic of a number of research analyst reports. BidaskClub raised DigitalGlobe from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Piper Jaffray Companies cut DigitalGlobe from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $37.00 to $34.00 in a research note on Friday, July 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $33.90.
Shares of DigitalGlobe (DGI) opened at 34.40 on Wednesday. The stock has a market capitalization of $2.14 billion, a price-to-earnings ratio of 1011.76 and a beta of 1.03. The firm’s 50-day moving average is $34.58 and its 200 day moving average is $33.23. DigitalGlobe has a 52-week low of $23.95 and a 52-week high of $35.95.
DigitalGlobe (NYSE:DGI) last posted its earnings results on Thursday, July 20th. The technology company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.07. DigitalGlobe had a net margin of 0.64% and a return on equity of 2.40%. The firm had revenue of $225.70 million for the quarter, compared to the consensus estimate of $209.13 million. During the same period in the previous year, the firm posted $0.17 EPS. The business’s quarterly revenue was up 28.6% on a year-over-year basis. Equities analysts expect that DigitalGlobe will post ($0.08) EPS for the current year.
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DigitalGlobe, Inc is a provider of Earth imagery, data and analysis. The Company’s imagery solutions and other services support a range of uses, including mission-planning, mapping and analysis, environmental monitoring, oil and gas exploration and infrastructure management. The Company’s imagery solutions and other services are sourced from its own satellite constellation and third-party providers.
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