Somewhat Favorable Press Coverage Very Unlikely to Affect Sanofi (SNY) Stock Price

Media coverage about Sanofi (NYSE:SNY) has trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Sanofi earned a news sentiment score of 1.90 on their scale. InfoTrie also assigned media coverage about the company an news buzz score of 2 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news headlines that may have impacted Sanofi’s score:

Several research firms have recently weighed in on SNY. Argus lifted their target price on shares of Sanofi from $48.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday. Barclays upgraded shares of Sanofi from an “underweight” rating to an “equal weight” rating in a research note on Thursday, November 1st. ValuEngine upgraded shares of Sanofi from a “sell” rating to a “hold” rating in a research note on Wednesday, October 17th. Zacks Investment Research downgraded shares of Sanofi from a “hold” rating to a “sell” rating in a research note on Tuesday, October 16th. Finally, Wolfe Research began coverage on shares of Sanofi in a research note on Tuesday, October 23rd. They issued a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the company’s stock. Sanofi currently has an average rating of “Hold” and an average target price of $49.50.

Sanofi stock traded down $0.35 during mid-day trading on Thursday, hitting $44.98. 1,096,526 shares of the company traded hands, compared to its average volume of 1,869,047. Sanofi has a one year low of $37.43 and a one year high of $46.25. The firm has a market cap of $111.91 billion, a PE ratio of 14.37, a PEG ratio of 2.53 and a beta of 0.70. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.22 and a quick ratio of 0.85.

Sanofi (NYSE:SNY) last announced its quarterly earnings data on Wednesday, October 31st. The company reported $1.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.09. The firm had revenue of $9.39 billion during the quarter, compared to analyst estimates of $9.10 billion. Sanofi had a net margin of 12.20% and a return on equity of 18.18%. The business’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the previous year, the business posted $1.71 EPS. As a group, research analysts anticipate that Sanofi will post 3.09 earnings per share for the current year.

In other news, major shareholder Sanofi sold 104,552 shares of the business’s stock in a transaction that occurred on Thursday, September 6th. The shares were sold at an average price of $406.68, for a total value of $42,519,207.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.00% of the company’s stock.

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Sanofi Company Profile

Sanofi provides therapeutic solutions. It offers Cerezyme and Cerdelga for Gaucher disease, Myozyme and Lumizyme for Pompe disease, Fabrazyme for Fabry disease, and Aldurazyme for mucopolysaccharidosis Type 1; Aubagio, an oral immunomodulatory; and Lemtrada, a monoclonal antibody to treat multiple sclerosis.

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