Actua Corporation (ACTA) Earning Somewhat Favorable Press Coverage, Accern Reports
Media coverage about Actua Corporation (NASDAQ:ACTA) has been trending somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Actua Corporation earned a coverage optimism score of 0.11 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 45.6481434112759 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s analysis:
- -$0.03 Earnings Per Share Expected for Actua Corporation (ACTA) This Quarter (americanbankingnews.com)
- Actua Corporation (ACTA) Downgraded by ValuEngine (americanbankingnews.com)
- Head to Head Analysis: Unisys Corporation (UIS) vs. Actua Corporation (ACTA) (americanbankingnews.com)
- Comparing Actua Corporation (ACTA) & ServiceSource International (SREV) (americanbankingnews.com)
ACTA has been the subject of a number of research analyst reports. Zacks Investment Research raised Actua Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. ValuEngine lowered Actua Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th. Finally, BidaskClub raised Actua Corporation from a “strong sell” rating to a “sell” rating in a research report on Monday, August 14th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $16.00.
Shares of Actua Corporation (NASDAQ ACTA) traded up 1.25% during mid-day trading on Monday, reaching $12.15. The company’s stock had a trading volume of 193,974 shares. The company has a market cap of $376.19 million, a P/E ratio of 5.13 and a beta of 1.63. The company has a 50-day moving average of $12.68 and a 200-day moving average of $13.67. Actua Corporation has a 12 month low of $10.10 and a 12 month high of $15.27.
Actua Corporation (NASDAQ:ACTA) last issued its quarterly earnings data on Wednesday, August 9th. The software maker reported ($0.14) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.15) by $0.01. Actua Corporation had a net margin of 67.78% and a negative return on equity of 5.42%. The business had revenue of $31.19 million during the quarter, compared to analyst estimates of $31.57 million. During the same period last year, the business posted ($0.35) earnings per share. Actua Corporation’s quarterly revenue was up 16.1% compared to the same quarter last year. Equities research analysts forecast that Actua Corporation will post ($0.12) earnings per share for the current fiscal year.
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About Actua Corporation
Actua Corporation, formerly ICG Group, Inc, is a multi-vertical cloud technology company. The Company operates through two segments, which include the vertical cloud segment and the vertical cloud (venture) segment. The Company’s vertical cloud-based businesses include Bolt Solutions Inc (Bolt), Folio Dynamics Holdings Inc (FolioDynamix), GovDelivery Holdings, Inc (GovDelivery) and VelocityEHS Holdings, Inc (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively.
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