WageWorks (WAGE) Receives News Impact Rating of -0.06

Press coverage about WageWorks (NYSE:WAGE) has been trending somewhat negative on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WageWorks earned a coverage optimism score of -0.06 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 43.2172663470057 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

WAGE has been the topic of several research analyst reports. TheStreet cut WageWorks from a “b-” rating to a “c+” rating in a report on Wednesday, March 7th. Zacks Investment Research cut WageWorks from a “strong-buy” rating to a “hold” rating in a report on Saturday, January 13th. Needham & Company LLC initiated coverage on WageWorks in a report on Friday, April 6th. They issued a “hold” rating on the stock. JMP Securities reiterated an “outperform” rating and issued a $60.00 price objective (down from $82.00) on shares of WageWorks in a report on Monday, April 9th. Finally, ValuEngine cut WageWorks from a “hold” rating to a “sell” rating in a report on Tuesday, February 13th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. WageWorks currently has a consensus rating of “Hold” and an average target price of $71.75.

WAGE opened at $43.85 on Thursday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.38 and a current ratio of 1.38. WageWorks has a 1-year low of $38.40 and a 1-year high of $76.55. The company has a market capitalization of $1,734.10, a price-to-earnings ratio of 48.72, a price-to-earnings-growth ratio of 1.63 and a beta of 0.96.

COPYRIGHT VIOLATION NOTICE: “WageWorks (WAGE) Receives News Impact Rating of -0.06” was reported by Sports Perspectives and is owned by of Sports Perspectives. If you are viewing this piece of content on another publication, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be read at https://sportsperspectives.com/2018/04/26/wageworks-wage-receives-news-impact-rating-of-0-06.html.

WageWorks Company Profile

WageWorks, Inc engages in administering consumer-directed benefits (CDBs), which empower employees to save money on taxes, as well as provides corporate tax advantages for employers in the United States. It administers CDBs, including pre-tax spending accounts, such as health savings accounts (HSAs), health and dependent care flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), as well as offers commuter benefit services, including transit and parking programs, wellness programs, Consolidated Omnibus Budget Reconciliation Act, and other employee benefits.

Insider Buying and Selling by Quarter for WageWorks (NYSE:WAGE)

Receive News & Ratings for WageWorks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WageWorks and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply