Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Central European Media Enterprises (CETV) Stock Price
Media coverage about Central European Media Enterprises (NASDAQ:CETV) has trended somewhat positive recently, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Central European Media Enterprises earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.1794354742955 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several equities analysts recently commented on CETV shares. BidaskClub upgraded Central European Media Enterprises from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Zacks Investment Research upgraded Central European Media Enterprises from a “hold” rating to a “buy” rating and set a $4.50 target price for the company in a research report on Monday, May 29th. Finally, TheStreet upgraded Central European Media Enterprises from a “d” rating to a “c” rating in a research report on Wednesday, May 17th. One analyst has rated the stock with a sell rating and three have given a buy rating to the company. Central European Media Enterprises has an average rating of “Buy” and an average target price of $3.90.
Central European Media Enterprises (NASDAQ CETV) traded up 0.602% during trading on Thursday, hitting $4.175. The company had a trading volume of 78,162 shares. The stock has a 50-day moving average of $4.21 and a 200 day moving average of $3.71. The company has a market capitalization of $604.73 million, a price-to-earnings ratio of 167.000 and a beta of 1.04. Central European Media Enterprises has a one year low of $2.15 and a one year high of $4.55.
Central European Media Enterprises (NASDAQ:CETV) last posted 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 business had revenue of $181.86 million during the quarter. Equities analysts forecast that Central European Media Enterprises will post $0.07 EPS for the current fiscal 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 transaction of $20,250,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.77% of the company’s stock.
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.
Receive News & Ratings for Central European Media Enterprises Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Central European Media Enterprises Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.