Liberty Tax (TAX) Receives News Impact Rating of 0.02

News articles about Liberty Tax (NASDAQ:TAX) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by reviewing 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 nearest to one being the most favorable. Liberty Tax earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 43.5291531553935 out of 100, indicating that recent news 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 stories that may have effected Accern Sentiment’s analysis:

Shares of Liberty Tax remained flat at $$9.20 during midday trading on Friday, MarketBeat reports. The company has a market capitalization of $117.97 million, a P/E ratio of 8.00 and a beta of 0.87. Liberty Tax has a 52 week low of $7.75 and a 52 week high of $14.70.

The firm also recently announced a quarterly dividend, which was paid on Friday, August 10th. Shareholders of record on Friday, July 27th were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 6.96%. The ex-dividend date of this dividend was Thursday, July 26th. Liberty Tax’s dividend payout ratio is presently 55.65%.

Separately, ValuEngine lowered shares of Liberty Tax from a “hold” rating to a “sell” rating in a report on Tuesday, May 22nd.

In other Liberty Tax news, major shareholder Brc Partners Opportunity Fund, bought 18,916 shares of the stock in a transaction on Monday, August 6th. The stock was purchased at an average price of $9.28 per share, with a total value of $175,540.48. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, major shareholder Vintage Capital Management Llc purchased 280,000 shares of Liberty Tax stock in a transaction dated Thursday, August 2nd. The shares were purchased at an average cost of $9.05 per share, for a total transaction of $2,534,000.00. The disclosure for this purchase can be found here. 15.30% of the stock is currently owned by insiders.

Liberty Tax Company Profile

Liberty Tax, Inc, together with its subsidiaries, provides tax preparation services and solutions in the United States and Canada. The company also facilitates refund-based tax settlement financial products, such as refund transfer products, refund-based loans, and personal income tax refund discounting, as well as provides an online digital Do-It-Yourself tax program in the United States.

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Insider Buying and Selling by Quarter for Liberty Tax (NASDAQ:TAX)

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