ING Groep (ING) Receives Media Impact Score of 0.11

Headlines about ING Groep (NYSE:ING) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. ING Groep earned a news impact score of 0.11 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.369423569344 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s scoring:

Several equities research analysts recently weighed in on the company. ValuEngine lowered ING Groep from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. UBS Group reissued a “buy” rating on shares of ING Groep in a report on Tuesday, April 24th. Finally, Zacks Investment Research lowered ING Groep from a “buy” rating to a “hold” rating in a report on Tuesday, April 3rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. ING Groep currently has an average rating of “Buy” and a consensus target price of $21.00.

Shares of ING traded up $0.04 during trading hours on Wednesday, reaching $14.64. 2,732,914 shares of the company’s stock traded hands, compared to its average volume of 3,163,571. The company has a market cap of $57.08 billion, a PE ratio of 10.17, a price-to-earnings-growth ratio of 1.49 and a beta of 1.27. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.96. ING Groep has a 12 month low of $14.31 and a 12 month high of $20.58.

ING Groep (NYSE:ING) last released its earnings results on Wednesday, May 9th. The financial services provider reported $0.38 earnings per share for the quarter. The company had revenue of $5.48 billion during the quarter. ING Groep had a return on equity of 10.61% and a net margin of 28.03%. analysts predict that ING Groep will post 1.57 earnings per share for the current year.

ING Groep Company Profile

ING Groep N.V., a financial institution, provides various banking products and services to individuals, small and medium-sized enterprises, and mid-corporates. It operates in Retail Netherlands, Retail Belgium, Retail Germany, Retail Other, and Wholesale Banking segments. The company accepts various deposits, such as current and savings accounts; and offers business lending products, as well as consumer lending products, such as residential mortgage loans, term loans, and revolver and personal loans.

Insider Buying and Selling by Quarter for ING Groep (NYSE:ING)

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