Media stories about West Corporation (NASDAQ:WSTC) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. West Corporation earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 45.5192940076175 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- West Corporation (NASDAQ:WSTC) Sees Significantly Lower Trading Volume – Modern Readers (modernreaders.com)
- West Corporation (WSTC) has a value of $23.36 per share While SITO Mobile, Ltd. (SITO) is stand at $4.14 – Stocks Gallery (stocksgallery.com)
- West Corporation (NASDAQ:WSTC) Sees Significantly Lower Trading Volume – Highlight Press (highlightpress.com)
- West Corp (WSTC) Chart Update & Technical Review – Evergreen Caller (evergreencaller.com)
- West Corporation (WSTC) vs. IDT Corporation (IDT): Breaking Down the Diversified Communication Services Industry’s … – StockNewsGazette (stocknewsgazette.com)
Several research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of West Corporation from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Friday, May 19th. Robert W. Baird cut shares of West Corporation from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $28.00 to $24.00 in a report on Wednesday, May 10th. William Blair cut shares of West Corporation from an “outperform” rating to a “market perform” rating in a report on Wednesday, May 10th. Deutsche Bank AG cut shares of West Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, May 10th. Finally, Wells Fargo & Company reaffirmed a “market perform” rating and issued a $23.50 price target on shares of West Corporation in a report on Wednesday, May 10th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $24.88.
West Corporation (NASDAQ:WSTC) opened at 23.34 on Friday. The company has a market cap of $1.95 billion, a PE ratio of 9.23 and a beta of 1.59. West Corporation has a 1-year low of $19.64 and a 1-year high of $28.57. The company has a 50-day moving average price of $23.33 and a 200-day moving average price of $23.84.
West Corporation (NASDAQ:WSTC) last announced its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.70 by $0.03. The company had revenue of $574.39 million for the quarter, compared to the consensus estimate of $579.40 million. West Corporation had a net margin of 9.39% and a negative return on equity of 59.08%. On average, analysts expect that West Corporation will post $2.92 EPS for the current fiscal year.
In other West Corporation news, insider Rodney J. Kempkes sold 3,382 shares of West Corporation stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $23.27, for a total value of $78,699.14. Following the sale, the insider now directly owns 58,893 shares in the company, valued at approximately $1,370,440.11. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Rodney J. Kempkes sold 1,160 shares of the business’s stock in a transaction dated Tuesday, May 30th. The stock was sold at an average price of $23.15, for a total transaction of $26,854.00. Following the completion of the sale, the insider now owns 62,275 shares in the company, valued at $1,441,666.25. The disclosure for this sale can be found here. Over the last quarter, insiders sold 7,924 shares of company stock worth $184,523. 4.60% of the stock is currently owned by insiders.
WARNING: “Somewhat Positive Press Coverage Somewhat Unlikely to Impact West Corporation (WSTC) Stock Price” was originally reported by BNB Daily and is the property of of BNB Daily. If you are reading this news story on another domain, it was illegally stolen and republished in violation of United States & international copyright and trademark legislation. The original version of this news story can be viewed at https://www.baseball-news-blog.com/2017/08/19/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-west-corporation-wstc-share-price-updated-updated.html.
About West Corporation
West Corporation is a provider of communication and network infrastructure services. The Company helps its clients communicate, collaborate and connect with their audiences through a portfolio of solutions that include unified communications services, safety services, and interactive services, such as automated notifications, specialized agent services and telecom services.
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