TheStreet (TST) Earning Somewhat Favorable Press Coverage, Study Shows

News headlines about TheStreet (NASDAQ:TST) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. Accern rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. TheStreet earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the information services provider an impact score of 75 out of 100, meaning that recent press coverage is likely to have an effect on the stock’s share price in the immediate future.

A number of analysts have weighed in on TST shares. Zacks Investment Research raised shares of TheStreet from a “hold” rating to a “buy” rating and set a $0.75 target price on the stock in a report on Thursday, March 16th. B. Riley reissued a “buy” rating and set a $1.90 target price on shares of TheStreet in a report on Thursday, March 16th.

Shares of TheStreet (NASDAQ:TST) traded up 0.8765% during mid-day trading on Friday, hitting $0.8171. 32,736 shares of the company’s stock were exchanged. The company’s market capitalization is $29.14 million. TheStreet has a 52 week low of $0.61 and a 52 week high of $1.28. The firm has a 50 day moving average price of $0.89 and a 200-day moving average price of $0.83.

TheStreet (NASDAQ:TST) last posted its quarterly earnings results on Tuesday, May 9th. The information services provider reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.08. TheStreet had a negative net margin of 24.24% and a negative return on equity of 4.43%. The firm had revenue of $15.28 million for the quarter, compared to the consensus estimate of $15.29 million. During the same quarter in the previous year, the company earned ($0.10) earnings per share. On average, equities analysts anticipate that TheStreet will post ($0.06) EPS for the current year.

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About TheStreet

TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.

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