News coverage about DigitalGlobe (NYSE:DGI) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. DigitalGlobe earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.7369449321654 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- DigitalGlobe Announces Four-Year Direct Access Contract with the Australian DoD (asdnews.com)
- DigitalGlobe Announces Four-Year Direct Access Contract with the Australian Department of Defence (spaceref.com)
- DigitalGlobe Announces Four-Year Direct Access Contract with the Australian Department of Defence for Real-time Access to the World’s Highest-Resolution Commercial Satellite … (businesswire.com)
- DigitalGlobe signs $83M deal with Australian defense department (bizjournals.com)
- DigitalGlobe Announces Four-Year Direct Access Contract with the Australian Department of Defence for Real-time Access to the World’s Highest-Resolution Commercial Satellite Imagery (finance.yahoo.com)
DGI has been the topic of a number of recent research reports. Piper Jaffray Companies cut DigitalGlobe from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $37.00 to $34.00 in a research report on Friday, July 21st. BidaskClub cut DigitalGlobe from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. One analyst has rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $33.75.
Shares of DigitalGlobe (DGI) opened at 33.80 on Friday. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 994.12 and a beta of 1.02. The company’s 50 day moving average price is $33.83 and its 200-day moving average price is $32.30. DigitalGlobe has a 1-year low of $23.95 and a 1-year high of $35.95.
DigitalGlobe (NYSE:DGI) last released its earnings results on Thursday, July 20th. The technology company reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.04) by $0.07. The company had revenue of $225.70 million for the quarter, compared to the consensus estimate of $209.13 million. DigitalGlobe had a return on equity of 2.40% and a net margin of 0.64%. DigitalGlobe’s quarterly revenue was up 28.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.17 earnings per share. On average, equities analysts forecast that DigitalGlobe will post ($0.08) earnings per share for the current year.
In other news, Director Warren Jenson sold 32,512 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $31.73, for a total value of $1,031,605.76. Following the transaction, the director now directly owns 41,236 shares in the company, valued at $1,308,418.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Jose Torres sold 3,858 shares of the business’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $31.75, for a total value of $122,491.50. Following the completion of the transaction, the insider now owns 39,594 shares in the company, valued at $1,257,109.50. The disclosure for this sale can be found here. Insiders have sold 52,570 shares of company stock worth $1,666,341 over the last quarter. 1.90% of the stock is owned by company insiders.
DigitalGlobe Company Profile
DigitalGlobe, Inc is a provider of Earth imagery, data and analysis. The Company’s imagery solutions and other services support a range of uses, including mission-planning, mapping and analysis, environmental monitoring, oil and gas exploration and infrastructure management. The Company’s imagery solutions and other services are sourced from its own satellite constellation and third-party providers.
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