Somewhat Positive Press Coverage Somewhat Unlikely to Affect Willbros Group (NYSE:WG) Stock Price

Media headlines about Willbros Group (NYSE:WG) have been trending somewhat positive this week, according to Accern Sentiment. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news 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. Willbros Group earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.5494772926861 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Shares of Willbros Group (WG) traded up $0.01 during trading on Thursday, hitting $1.26. 171,900 shares of the stock traded hands, compared to its average volume of 434,975. The firm has a market capitalization of $79.67, a P/E ratio of -1.19 and a beta of 3.08. The company has a debt-to-equity ratio of 1.03, a quick ratio of 1.29 and a current ratio of 1.30. Willbros Group has a twelve month low of $1.11 and a twelve month high of $3.84.

Willbros Group (NYSE:WG) last announced its quarterly earnings data on Wednesday, November 8th. The oil and gas company reported ($0.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.49). The company had revenue of $240.77 million during the quarter, compared to analyst estimates of $246.20 million. Willbros Group had a negative return on equity of 54.91% and a negative net margin of 8.45%. The company’s revenue was up 37.7% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.17) EPS. analysts anticipate that Willbros Group will post -0.87 earnings per share for the current year.

WG has been the subject of a number of analyst reports. Zacks Investment Research raised shares of Willbros Group from a “hold” rating to a “buy” rating and set a $3.25 price objective for the company in a research note on Saturday, September 23rd. ValuEngine upgraded Willbros Group from a “sell” rating to a “hold” rating in a report on Friday, September 15th.

TRADEMARK VIOLATION WARNING: This piece was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://stocknewstimes.com/2018/01/11/willbros-group-wg-earns-daily-coverage-optimism-score-of-0-25.html.

Willbros Group Company Profile

Willbros Group, Inc is a specialty energy infrastructure contractor serving the oil and gas and power industries with offerings that primarily include construction, maintenance and facilities development services. The Company operates through three segments: Oil & Gas, Utility T&D and Canada. The Company provides services through operating subsidiaries.

Insider Buying and Selling by Quarter for Willbros Group (NYSE:WG)

Receive News & Ratings for Willbros Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Willbros Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply