Belmond (BEL) Getting Somewhat Negative Press Coverage, Analysis Shows

Media coverage about Belmond (NYSE:BEL) has trended somewhat negative on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Belmond earned a news sentiment score of -0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 50 out of 100, meaning that recent news coverage is somewhat likely to have an impact on the company’s share price in the near future.

Insider Buying and Selling by Quarter for Belmond (NYSE:BEL)

Shares of Belmond (NYSE:BEL) remained flat at $12.90 during mid-day trading on Wednesday. The company’s stock had a trading volume of 262,917 shares. The company’s 50-day moving average price is $12.62 and its 200-day moving average price is $12.94. Belmond has a 1-year low of $9.10 and a 1-year high of $14.45. The firm has a market capitalization of $1.32 billion, a P/E ratio of 68.25 and a beta of 0.92.

Belmond (NYSE:BEL) last released its quarterly earnings data on Monday, May 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by $0.05. The firm had revenue of $95.40 million for the quarter, compared to analyst estimates of $91.83 million. Belmond had a net margin of 3.61% and a return on equity of 1.74%. On average, equities analysts anticipate that Belmond will post $0.19 earnings per share for the current fiscal year.

Several equities analysts have recently issued reports on BEL shares. Zacks Investment Research upgraded shares of Belmond from a “sell” rating to a “hold” rating in a report on Tuesday, May 2nd. Telsey Advisory Group upgraded Belmond from a “market perform” rating to an “outperform” rating and increased their target price for the company from $14.00 to $16.00 in a research report on Tuesday, June 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Belmond currently has a consensus rating of “Hold” and an average target price of $14.60.

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About Belmond

Belmond Ltd. (Belmond) is a hotel company and adventure travel operator. As of December 31, 2016, Belmond owned, partially-owned and/or operated 45 properties, consisting of 34 individual deluxe hotels, 29 of which are owned (including nine under long-term lease), five European tourist trains, two cruise ships in Myanmar (one of which is under long-term charter), one French canal cruise business consisting of five small canal boats, and one stand-alone restaurant in the United States.

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