Media coverage about Amplify Snack Brands, inc. (NYSE:BETR) has trended somewhat positive on Friday, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Amplify Snack Brands, inc. earned a daily sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.1669957119822 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern’s scoring:

Shares of Amplify Snack Brands, inc. (NYSE:BETR) traded down 4.045% during mid-day trading on Friday, hitting $7.235. The stock had a trading volume of 167,781 shares. The company has a 50-day moving average of $7.10 and a 200 day moving average of $7.10. Amplify Snack Brands, inc. has a one year low of $6.60 and a one year high of $15.87. The firm has a market cap of $540.74 million, a price-to-earnings ratio of 47.914 and a beta of 2.17.

Amplify Snack Brands, inc. (NYSE:BETR) last issued its earnings results on Tuesday, August 8th. The company reported $0.08 earnings per share for the quarter, hitting the consensus estimate of $0.08. The company had revenue of $101.00 million for the quarter, compared to analyst estimates of $98.99 million. Amplify Snack Brands, inc. had a return on equity of 36.58% and a net margin of 3.43%. The business’s revenue was up 68.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.15 EPS. On average, equities research analysts forecast that Amplify Snack Brands, inc. will post $0.35 earnings per share for the current year.

BETR has been the subject of a number of research reports. Jefferies Group LLC reiterated a “buy” rating and set a $12.00 target price on shares of Amplify Snack Brands, inc. in a report on Thursday, August 31st. Zacks Investment Research upgraded Amplify Snack Brands, inc. from a “hold” rating to a “buy” rating and set a $11.00 target price for the company in a report on Thursday, July 13th. TheStreet upgraded Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a report on Wednesday, August 2nd. Wedbush reiterated a “hold” rating on shares of Amplify Snack Brands, inc. in a report on Tuesday, August 8th. Finally, Credit Suisse Group AG decreased their target price on Amplify Snack Brands, inc. from $9.00 to $7.00 and set a “neutral” rating for the company in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $11.25.

COPYRIGHT VIOLATION WARNING: This news story was originally published by Daily Political and is owned by of Daily Political. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://www.dailypolitical.com/2017/10/06/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-amplify-snack-brands-inc-betr-stock-price.html.

In other news, insider Brian Goldberg sold 40,000 shares of the stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $7.01, for a total transaction of $280,400.00. Following the transaction, the insider now owns 1,313,866 shares of the company’s stock, valued at approximately $9,210,200.66. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Thomas C. Ennis sold 50,000 shares of the stock in a transaction dated Thursday, July 13th. The shares were sold at an average price of $9.70, for a total value of $485,000.00. Following the transaction, the chief executive officer now directly owns 2,930,952 shares in the company, valued at approximately $28,430,234.40. The disclosure for this sale can be found here. In the last three months, insiders have sold 268,000 shares of company stock worth $2,397,340. 57.40% of the stock is currently owned by insiders.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

Insider Buying and Selling by Quarter for Amplify Snack Brands, inc. (NYSE:BETR)

Receive News & Ratings for Amplify Snack Brands inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amplify Snack Brands inc. and related companies with MarketBeat.com's FREE daily email newsletter.