SINA (SINA) Earns Daily News Sentiment Score of 0.24
News headlines about SINA (NASDAQ:SINA) have been trending somewhat positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog 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. SINA earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.9615372285403 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have impacted Accern’s rankings:
- SINA Corp (SINA) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- Market Corner: Viewing Technicals on shares of Sina Corp (SINA) – Clawson News (clawsonnews.com)
- Why SINA Corp. Stock Soared 65% in 2017 — The Motley Fool – Motley Fool (fool.com)
- January breakout accelerates, S&P 500 clears 20-day volatility bands (marketwatch.com)
- Can Beijing avoid repelling global investors while tightening grip on China’s tech companies? (scmp.com)
Several brokerages have issued reports on SINA. Zacks Investment Research cut shares of SINA from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. BidaskClub upgraded shares of SINA from a “sell” rating to a “hold” rating in a report on Tuesday, December 19th. Finally, Benchmark increased their target price on shares of SINA from $142.00 to $157.00 and gave the stock a “buy” rating in a report on Wednesday, November 8th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $120.67.
SINA (NASDAQ:SINA) last issued its earnings results on Tuesday, November 7th. The technology company reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.26. SINA had a net margin of 9.41% and a return on equity of 3.36%. The company had revenue of $440.50 million for the quarter, compared to analysts’ expectations of $404.71 million. During the same period in the prior year, the business earned $0.56 EPS. The firm’s quarterly revenue was up 60.2% on a year-over-year basis. research analysts predict that SINA will post 2.13 earnings per share for the current year.
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SINA Company Profile
Sina Corporation is an online media company serving China and the global Chinese communities. The Company’s digital media network of SINA.com (portal), SINA mobile (mobile portal and mobile applications) and Weibo (social media) enables Internet users to access professional media and user generated content (UGCs) in multi-media formats from personal computers and mobile devices, and share their interests with friends and acquaintances.
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