News headlines about The Dixie Group (NASDAQ:DXYN) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring 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. The Dixie Group earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 46.2426394285921 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have effected Accern’s rankings:
- Carpets and Rugs Market Varistor Research Report Shows Speedy Growth 2018 (sbwire.com)
- AP EXCLUSIVE: Toxic waste sites flooded, EPA not on scene (miamiherald.com)
- AP EXCLUSIVE: Toxic waste sites flooded; EPA not on scene (startribune.com)
- Global Frosting & Icing Market 2017: Industry Basic Information, Manufacturing Base, Sales Area and Its Competitors (sbwire.com)
- Local softball organizations gathering donations for Texas families in need (wric.com)
The Dixie Group (NASDAQ:DXYN) traded up 1.27% on Thursday, reaching $4.00. 5,576 shares of the company’s stock were exchanged. The company’s market cap is $62.82 million. The Dixie Group has a 52-week low of $3.20 and a 52-week high of $5.56. The firm’s 50 day moving average price is $4.22 and its 200 day moving average price is $4.00.
The Dixie Group (NASDAQ:DXYN) last posted its quarterly earnings data on Thursday, August 3rd. The textile maker reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.03. The company had revenue of $107.20 million for the quarter, compared to the consensus estimate of $107.60 million. The Dixie Group had a negative net margin of 0.41% and a negative return on equity of 1.62%. The firm’s revenue was up 1.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 earnings per share. On average, analysts expect that The Dixie Group will post $0.18 earnings per share for the current year.
A number of research analysts have weighed in on the stock. Zacks Investment Research cut shares of The Dixie Group from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. ValuEngine cut shares of The Dixie Group from a “hold” rating to a “sell” rating in a research note on Thursday, August 24th.
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About The Dixie Group
The Dixie Group, Inc is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers.
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