MicroStrategy (MSTR) Receives Media Impact Score of 0.14
Media stories about MicroStrategy (NASDAQ:MSTR) have trended somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. MicroStrategy earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 46.5537874134092 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of MicroStrategy (NASDAQ:MSTR) traded up 0.20% during mid-day trading on Friday, reaching $124.76. The company’s stock had a trading volume of 58,373 shares. The company has a 50 day moving average of $128.79 and a 200-day moving average of $171.16. MicroStrategy has a 12 month low of $123.36 and a 12 month high of $207.28. The firm has a market capitalization of $1.43 billion, a P/E ratio of 17.23 and a beta of 0.86.
MicroStrategy (NASDAQ:MSTR) last released its quarterly earnings data on Thursday, July 27th. The software maker reported $0.96 earnings per share for the quarter, missing the consensus estimate of $1.60 by ($0.64). MicroStrategy had a net margin of 16.37% and a return on equity of 14.99%. The company had revenue of $120.61 million during the quarter, compared to the consensus estimate of $125.18 million. During the same quarter in the prior year, the company posted $1.64 earnings per share. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. Equities research analysts forecast that MicroStrategy will post $4.33 EPS for the current year.
Several brokerages recently issued reports on MSTR. Citigroup Inc. reissued a “hold” rating and issued a $133.00 price target (down previously from $191.00) on shares of MicroStrategy in a report on Thursday. First Analysis downgraded MicroStrategy from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $225.00 to $140.00 in a report on Monday, July 31st. TheStreet downgraded MicroStrategy from a “b” rating to a “c+” rating in a report on Friday, July 28th. BidaskClub downgraded MicroStrategy from a “hold” rating to a “sell” rating in a report on Saturday, August 5th. Finally, Deutsche Bank AG downgraded MicroStrategy from a “buy” rating to a “hold” rating and cut their price target for the stock from $220.00 to $180.00 in a report on Friday, July 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $173.40.
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MicroStrategy Incorporated is a provider of enterprise software platforms around the world. The Company is engaged in the design, development, marketing and sales of its software platform through licensing arrangements, and cloud-based subscriptions and related services. It focuses on providing enterprise customers with software platform and services for deploying intelligence applications.
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