News headlines about Netshoes (CAYMAN) (NASDAQ:NETS) have been trending somewhat positive on Thursday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Netshoes (CAYMAN) earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.7494777110028 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of Netshoes (NASDAQ NETS) traded down 2.48% during midday trading on Thursday, reaching $12.60. 55,559 shares of the company were exchanged. The stock’s market capitalization is $295.28 million. Netshoes has a 12-month low of $10.52 and a 12-month high of $26.96. The company has a 50 day moving average price of $12.92 and a 200-day moving average price of $16.84.
Netshoes (CAYMAN) (NASDAQ:NETS) last issued its quarterly earnings data on Monday, August 14th. The company reported ($0.45) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.23) by ($0.22). The firm had revenue of $139.45 million for the quarter, compared to analysts’ expectations of $153.48 million. Netshoes (CAYMAN) had a negative return on equity of 41.82% and a negative net margin of 7.62%. On average, analysts forecast that Netshoes will post ($1.12) earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on NETS shares. Zacks Investment Research downgraded shares of Netshoes (CAYMAN) from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Jefferies Group LLC downgraded shares of Netshoes (CAYMAN) from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $21.90.
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About Netshoes (CAYMAN)
Netshoes (Cayman) Limited is a sports and lifestyle online retailer in Latin America. The Company focuses on offering an online consumer platform in Latin America. The Company operates through two segments: Brazil and International. The Company operates in Brazil, Argentina, and Mexico. The Brazil segment consists of retail sales of consumer products from all of its verticals (which includes sales of sporting goods and related garments, as well as fashion and beauty goods) carried out through its sites Netshoes.com.br and Zattini.com.br and third-party sites that it manages, as well as its business to business offline operation.
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