TheStreet (TST) Earning Somewhat Favorable Media Coverage, Accern Reports
Media stories about TheStreet (NASDAQ:TST) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by reviewing 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 nearest to one being the most favorable. TheStreet earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the information services provider an impact score of 75 out of 100, meaning that recent news coverage is likely to have an impact on the stock’s share price in the immediate future.
Several research analysts have weighed in on TST shares. B. Riley reiterated a “buy” rating and issued a $1.90 target price on shares of TheStreet in a research note on Friday, May 5th. Zacks Investment Research upgraded TheStreet from a “hold” rating to a “buy” rating and set a $0.75 target price on the stock in a research note on Thursday, March 16th.
Shares of TheStreet (NASDAQ:TST) traded up 0.7931% on Monday, hitting $0.8769. The company’s stock had a trading volume of 36,902 shares. The firm’s market cap is $31.27 million. The company has a 50 day moving average of $0.89 and a 200 day moving average of $0.83. TheStreet has a 1-year low of $0.61 and a 1-year high of $1.28.
TheStreet (NASDAQ:TST) last issued its quarterly earnings data on Tuesday, May 9th. The information services provider reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.08. TheStreet had a negative return on equity of 4.43% and a negative net margin of 24.24%. The business had revenue of $15.28 million during the quarter, compared to analyst estimates of $15.29 million. During the same period in the prior year, the company posted ($0.10) EPS. Equities analysts forecast that TheStreet will post ($0.06) EPS for the current year.
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TheStreet Company Profile
TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.
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