DigitalGlobe (DGI) Receives Daily Media Impact Rating of 0.03
News coverage about DigitalGlobe (NYSE:DGI) has been trending somewhat positive this week, Accern reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. DigitalGlobe earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 47.1086305603041 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news stories that may have effected Accern’s rankings:
- DigitalGlobe, Inc (DGI) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- DigitalGlobe, Inc (NYSE:DGI) Experiences Light Trading Volume (highlightpress.com)
- DigitalGlobe, Inc (NYSE:DGI) Experiences Lighter than Average Trading Volume (highlightpress.com)
- DigitalGlobe Delivers WorldView-4 High-Resolution Satellite Imagery to Power PSMA Australia’s Continent-scale Mapping Initiative (finance.yahoo.com)
- DigitalGlobe, Inc. breached its 50 day moving average in a Bearish Manner : DGI-US : August 29, 2017 (finance.yahoo.com)
Shares of DigitalGlobe (DGI) opened at 34.40 on Wednesday. The company has a 50 day moving average price of $33.91 and a 200 day moving average price of $32.49. DigitalGlobe has a 12-month low of $23.95 and a 12-month high of $35.95. The firm has a market cap of $2.14 billion, a PE ratio of 1011.76 and a beta of 1.02.
DigitalGlobe (NYSE:DGI) last posted its quarterly earnings results on Thursday, July 20th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.04) by $0.07. DigitalGlobe had a net margin of 0.64% and a return on equity of 2.40%. The firm had revenue of $225.70 million for the quarter, compared to analyst estimates of $209.13 million. During the same period in the prior year, the firm posted $0.17 earnings per share. The company’s quarterly revenue was up 28.6% compared to the same quarter last year. On average, analysts forecast that DigitalGlobe will post ($0.08) earnings per share for the current fiscal year.
A number of equities analysts have commented on DGI shares. BidaskClub raised DigitalGlobe from a “sell” rating to a “hold” rating in a report on Wednesday, June 14th. Piper Jaffray Companies cut DigitalGlobe from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $37.00 to $34.00 in a report on Friday, July 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $33.75.
In other news, insider Jose Torres sold 3,858 shares of the stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $31.75, for a total value of $122,491.50. Following the transaction, the insider now directly owns 39,594 shares of the company’s stock, valued at $1,257,109.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Warren Jenson sold 32,512 shares of the stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $31.73, for a total transaction of $1,031,605.76. Following the completion of the transaction, the director now directly owns 41,236 shares in the company, valued at $1,308,418.28. The disclosure for this sale can be found here. Insiders have sold 52,570 shares of company stock worth $1,666,341 over the last ninety days. Insiders own 2.30% of the company’s stock.
DigitalGlobe Company Profile
DigitalGlobe, Inc is a provider of Earth imagery, data and analysis. The Company’s imagery solutions and other services support a range of uses, including mission-planning, mapping and analysis, environmental monitoring, oil and gas exploration and infrastructure management. The Company’s imagery solutions and other services are sourced from its own satellite constellation and third-party providers.
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