Somewhat Favorable Press Coverage Somewhat Unlikely to Impact MicroStrategy (MSTR) Share Price
News articles about MicroStrategy (NASDAQ:MSTR) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MicroStrategy earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 45.4203503197567 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.
Shares of MicroStrategy (MSTR) traded down $0.89 during trading on Tuesday, reaching $131.04. 81,481 shares of the company’s stock traded hands, compared to its average volume of 92,529. MicroStrategy has a 52 week low of $122.90 and a 52 week high of $206.98. The stock has a market cap of $1,510.20, a P/E ratio of 20.19 and a beta of 0.65.
MicroStrategy (NASDAQ:MSTR) last issued its quarterly earnings data on Thursday, October 26th. The software maker reported $1.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.00 by $0.56. The company had revenue of $125.20 million for the quarter, compared to the consensus estimate of $125.78 million. MicroStrategy had a net margin of 14.81% and a return on equity of 12.90%. MicroStrategy’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period last year, the firm posted $2.90 EPS. analysts expect that MicroStrategy will post 4.54 EPS for the current year.
Several equities research analysts recently commented on MSTR shares. Mizuho cut their price target on shares of MicroStrategy from $220.00 to $200.00 and set a “buy” rating on the stock in a research note on Friday, October 27th. Zacks Investment Research upgraded shares of MicroStrategy from a “strong sell” rating to a “hold” rating in a research note on Friday, September 29th. Citigroup reiterated a “hold” rating and set a $133.00 price target (down from $191.00) on shares of MicroStrategy in a research note on Thursday, September 21st. Deutsche Bank cut their price target on shares of MicroStrategy to $150.00 and set a “hold” rating on the stock in a research note on Friday, September 15th. Finally, BidaskClub downgraded shares of MicroStrategy from a “hold” rating to a “sell” rating in a research report on Thursday, December 7th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $155.75.
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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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