Media stories about Exa Corporation (NASDAQ:EXA) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Exa Corporation earned a news sentiment score of 0.03 on Accern’s scale. Accern also gave news headlines about the technology company an impact score of 47.4103831455322 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- Exa Corporation (EXA) Expected to Post Earnings of $0.04 Per Share (americanbankingnews.com)
- Exa Corporation (EXA) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Exa Corporation (EXA) Upgraded to “Hold” by ValuEngine (americanbankingnews.com)
- Household incomes rise 3.2% in 2016, 2nd straight increase – USA TODAY (usatoday.com)
- Exagen Diagnostics Closes Series F Equity and Debt Raise Totaling $48 Million (feeds.benzinga.com)
A number of equities analysts have recently weighed in on EXA shares. Zacks Investment Research raised shares of Exa Corporation from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a research note on Wednesday, May 31st. ValuEngine upgraded shares of Exa Corporation from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, TheStreet upgraded shares of Exa Corporation from a “d” rating to a “c-” rating in a report on Tuesday, June 13th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $16.20.
Shares of Exa Corporation (NASDAQ EXA) opened at 15.02 on Wednesday. The company has a 50-day moving average of $13.90 and a 200-day moving average of $13.78. Exa Corporation has a one year low of $12.34 and a one year high of $16.89. The company’s market capitalization is $225.54 million.
Exa Corporation (NASDAQ:EXA) last issued its quarterly earnings results on Monday, August 28th. The technology company reported ($0.12) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.12). Exa Corporation had a negative net margin of 6.46% and a negative return on equity of 25.19%. The firm had revenue of $17.50 million for the quarter, compared to analyst estimates of $17.58 million. During the same period in the previous year, the business earned ($0.05) EPS. The company’s revenue was up 2.3% compared to the same quarter last year. On average, analysts anticipate that Exa Corporation will post ($0.12) earnings per share for the current year.
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About Exa Corporation
Exa Corporation develops, sells and supports simulation software and services that manufacturers use in design and engineering processes. The Company focuses primarily on the ground transportation market, including manufacturers in the passenger vehicle, highway truck, off-highway vehicle and train markets, as well as their suppliers.
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