News stories about Sequential Brands Group (NASDAQ:SQBG) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Sequential Brands Group earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the textile maker an impact score of 47.9857373422023 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Contrasting Under Armour Inc Class A (UAA) and Sequential Brands Group (SQBG) (americanbankingnews.com)
- Sequential Brands names Karen Castellano President of Fashion Division (seekingalpha.com)
- Sequential Brands Group Names Karen Castellano President of Fashion Division (finance.yahoo.com)
- Reviewing Sequential Brands Group (SQBG) and Superior Group of Companies (SGC) (americanbankingnews.com)
SQBG has been the subject of several recent analyst reports. ValuEngine cut shares of Sequential Brands Group from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. Zacks Investment Research raised shares of Sequential Brands Group from a “sell” rating to a “hold” rating in a research report on Friday, March 2nd. Finally, Canaccord Genuity set a $2.00 price target on shares of Sequential Brands Group and gave the company a “hold” rating in a research report on Wednesday, February 28th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Sequential Brands Group currently has a consensus rating of “Hold” and a consensus price target of $4.80.
Sequential Brands Group (NASDAQ:SQBG) last announced its quarterly earnings results on Wednesday, May 9th. The textile maker reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.01). Sequential Brands Group had a negative net margin of 112.42% and a positive return on equity of 5.81%. The company had revenue of $38.10 million during the quarter, compared to analysts’ expectations of $39.20 million. equities analysts expect that Sequential Brands Group will post 0.55 EPS for the current fiscal year.
About Sequential Brands Group
Sequential Brands Group, Inc owns, promotes, markets, and licenses a portfolio of consumer brands in the United States and internationally. It offers products in the apparel, footwear, eyewear, fashion accessories, and home goods categories under the Jessica Simpson, AND1, Avia, GAIAM, Joe's Jeans, Ellen Tracy, Emeril Lagasse, William Rast, Heelys, Revo, Caribbean Joe, DVS, The Franklin Mint, Linens N Things, SPRI, Nevados, and FUL brand names; and food, wine, magazines, books, and other print and digital content categories under the Martha Stewart brand name.
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