Central European Media Enterprises (CETV) Receiving Somewhat Favorable Media Coverage, Analysis Shows
News articles about Central European Media Enterprises (NASDAQ:CETV) have been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Central European Media Enterprises earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.8149685204291 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities research analysts have weighed in on CETV shares. Zacks Investment Research raised Central European Media Enterprises from a “hold” rating to a “buy” rating and set a $4.50 price target on the stock in a research report on Monday, May 29th. BidaskClub raised shares of Central European Media Enterprises from a “hold” rating to a “buy” rating in a research note on Wednesday, July 12th. Finally, TheStreet raised shares of Central European Media Enterprises from a “d” rating to a “c” rating in a research note on Wednesday, May 17th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Central European Media Enterprises has an average rating of “Hold” and a consensus target price of $3.90.
Shares of Central European Media Enterprises (NASDAQ:CETV) opened at 4.15 on Friday. The stock’s 50 day moving average is $4.19 and its 200 day moving average is $3.65. The stock has a market capitalization of $601.11 million, a price-to-earnings ratio of 166.00 and a beta of 1.04. Central European Media Enterprises has a 1-year low of $2.15 and a 1-year high of $4.55.
Central European Media Enterprises (NASDAQ:CETV) last announced its quarterly earnings results on Tuesday, July 25th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.11. Central European Media Enterprises had a net margin of 2.82% and a negative return on equity of 18.46%. The company had revenue of $181.86 million for the quarter. On average, equities analysts forecast that Central European Media Enterprises will post $0.09 EPS for the current year.
In other Central European Media Enterprises news, insider Global Equity Master Fund Tcs sold 5,000,000 shares of the company’s stock in a transaction dated Monday, July 10th. The shares were sold at an average price of $4.05, for a total value of $20,250,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 1.77% of the stock is owned by corporate insiders.
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Central European Media Enterprises Company Profile
Central European Media Enterprises Ltd. (CME Ltd.) is a media and entertainment company operating in Central and Eastern Europe. The Company’s assets are held through a series of Dutch and Curacao holding companies. The Company manages its business on a geographical basis, with six segments: Bulgaria, Croatia, the Czech Republic, Romania, the Slovak Republic and Slovenia.
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