Ciner Resources (CINR) Getting Somewhat Positive Press Coverage, Report Finds
Media headlines about Ciner Resources (NYSE:CINR) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ciner Resources earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 44.3273470280575 out of 100, meaning that recent press 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:
- Ciner Resources LP – Value Analysis (NYSE:CINR) : December 26, 2017 (finance.yahoo.com)
- Ciner Resources LP (CINR) Expected to Announce Quarterly Sales of $125.55 Million (americanbankingnews.com)
- Ciner Resources LP breached its 50 day moving average in a Bullish Manner : CINR-US : December 25, 2017 (finance.yahoo.com)
- Zacks: Brokerages Anticipate Ciner Resources LP (CINR) to Post $0.55 EPS (americanbankingnews.com)
- Ciner Resources LP (CINR) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
Shares of Ciner Resources (NYSE:CINR) traded up $0.47 during trading hours on Thursday, hitting $25.74. The stock had a trading volume of 13,200 shares, compared to its average volume of 23,707. Ciner Resources has a 1 year low of $22.61 and a 1 year high of $32.50. The company has a debt-to-equity ratio of 0.55, a current ratio of 3.48 and a quick ratio of 3.08. The company has a market capitalization of $508.56, a P/E ratio of 13.55 and a beta of 1.00.
Ciner Resources (NYSE:CINR) last issued its quarterly earnings results on Monday, November 6th. The basic materials company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.03). Ciner Resources had a net margin of 7.77% and a return on equity of 15.13%. The company had revenue of $122.50 million for the quarter, compared to the consensus estimate of $118.10 million. During the same quarter in the previous year, the business earned $0.56 earnings per share. Ciner Resources’s revenue was up 1.2% compared to the same quarter last year. analysts expect that Ciner Resources will post 1.97 EPS for the current year.
A number of analysts recently commented on CINR shares. BidaskClub raised Ciner Resources from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 13th. Zacks Investment Research raised Ciner Resources from a “sell” rating to a “hold” rating in a research note on Monday, October 16th. B. Riley reaffirmed a “buy” rating on shares of Ciner Resources in a research note on Wednesday, November 1st. ValuEngine raised Ciner Resources from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Finally, SunTrust Banks reaffirmed a “hold” rating on shares of Ciner Resources in a research note on Tuesday, December 19th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $25.00.
Ciner Resources Company Profile
Ciner Resources LP, through its subsidiary, Ciner Wyoming LLC (Ciner Wyoming), produces soda ash and serves a global market from its facility in the Green River Basin of Wyoming. The Company processes trona ore into soda ash, a raw material in flat glass, container glass, detergents, chemicals, paper and other consumer and industrial products.
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