Somewhat Positive Press Coverage Somewhat Unlikely to Affect Vector Group (VGR) Share Price
Media stories about Vector Group (NYSE:VGR) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Vector Group earned a news impact score of 0.25 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.9050761124334 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Top Ranked Momentum Stocks to Buy for November 15th (finance.yahoo.com)
- Vector Group Announces Time Change for Presentation at Morgan Stanley Global Consumer & Retail Conference (finance.yahoo.com)
- Top Ranked Momentum Stocks to Buy for November 13th (finance.yahoo.com)
- Technical Eye on Vector Group Ltd. (NYSE:VGR) – The Oracle Examiner (oracleexaminer.com)
- Vector Group to Present at Morgan Stanley Global Consumer & Retail Conference (finance.yahoo.com)
Shares of Vector Group (NYSE VGR) traded up $0.31 during trading on Thursday, reaching $22.04. 714,841 shares of the company were exchanged, compared to its average volume of 681,721. Vector Group has a one year low of $18.70 and a one year high of $22.19. The company has a quick ratio of 2.29, a current ratio of 2.61 and a debt-to-equity ratio of -3.97. The stock has a market capitalization of $3,000.00, a P/E ratio of 33.13 and a beta of 0.43.
Vector Group (NYSE:VGR) last issued its quarterly earnings results on Tuesday, November 7th. The company reported $0.16 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.16. Vector Group had a net margin of 2.60% and a negative return on equity of 32.02%. The company had revenue of $484.60 million during the quarter, compared to the consensus estimate of $448.00 million. During the same quarter in the previous year, the firm earned $0.18 earnings per share. The firm’s quarterly revenue was up 5.6% on a year-over-year basis. analysts predict that Vector Group will post 0.66 EPS for the current year.
A number of research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of Vector Group from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Friday, November 10th. BidaskClub upgraded shares of Vector Group from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Finally, TheStreet downgraded shares of Vector Group from a “b-” rating to a “c+” rating in a research note on Thursday, July 27th.
About Vector Group
Vector Group Ltd. is a holding company. The Company is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC (Liggett) and Vector Tobacco Inc (Vector Tobacco) subsidiaries, and the real estate business through its New Valley LLC subsidiary, which is seeking to acquire or invest in additional real estate properties or projects.
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