Somewhat Positive Media Coverage Somewhat Unlikely to Affect Dynegy (NYSE:DYN) Share Price
News stories about Dynegy (NYSE:DYN) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Dynegy earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news headlines about the utilities provider an impact score of 46.8728241830716 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Dynegy Inc (DYN): Look out for Analysts’ Recommendation – ExpertGazette (expertgazette.com)
- Dynegy Launches Cash Tender Offer – Business Wire (press release) (businesswire.com)
- Q3 2017 Earnings Forecast for Dynegy Inc. Issued By SunTrust Banks (DYN) (americanbankingnews.com)
- Dynegy Inc. (DYN) and First Solar, Inc. (FSLR) Ups & Downs At Street- ADDvantage Technologies Group, Inc. (AEY) – Investing News Update (investingbizz.com)
- Dynegy Registers Shares as Required by Investor Rights Agreement – Business Wire (press release) (businesswire.com)
Shares of Dynegy (DYN) opened at 8.48 on Friday. Dynegy has a 1-year low of $5.84 and a 1-year high of $14.34. The company’s market capitalization is $1.11 billion. The company’s 50 day moving average price is $8.40 and its 200-day moving average price is $8.01.
Dynegy (NYSE:DYN) last posted its quarterly earnings results on Thursday, August 3rd. The utilities provider reported ($0.83) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.22) by $0.61. The business had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $972.27 million. Dynegy had a negative net margin of 2.72% and a negative return on equity of 12.97%. On average, equities analysts forecast that Dynegy will post ($0.82) earnings per share for the current year.
DYN has been the topic of a number of analyst reports. BidaskClub lowered Dynegy from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. Deutsche Bank AG upgraded Dynegy from a “sell” rating to a “hold” rating and boosted their price objective for the company from $6.00 to $7.00 in a research note on Wednesday, April 26th. Finally, Barclays PLC reiterated a “buy” rating and set a $13.00 price objective on shares of Dynegy in a research note on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $10.82.
TRADEMARK VIOLATION WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Dynegy (NYSE:DYN) Share Price” was reported by Daily Political and is owned by of Daily Political. If you are reading this news story on another publication, it was copied illegally and republished in violation of international copyright law. The original version of this news story can be viewed at https://www.dailypolitical.com/2017/08/13/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-dynegy-nysedyn-share-price.html.
Dynegy Company Profile
Dynegy Inc (Dynegy) is a holding company and conducts the business operations through its subsidiaries. The primary business of Dynegy is the production and sale of electric energy, capacity and ancillary services from the fleet of 18 operating power plants in six states totaling approximately 12,300 megawatt (MW) of generating capacity.
Receive News & Ratings for Dynegy Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynegy Inc. and related companies with MarketBeat.com's FREE daily email newsletter.