Leaf Group (NYSE:LFGR) Receives Media Impact Score of 0.23

Media stories about Leaf Group (NYSE:LFGR) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Leaf Group earned a news impact score of 0.23 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 47.4344137609483 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:

Leaf Group (LFGR) remained flat at $$7.85 during mid-day trading on Wednesday. 70,298 shares of the stock were exchanged, compared to its average volume of 34,532. Leaf Group has a 12 month low of $6.25 and a 12 month high of $9.35.

Leaf Group (NYSE:LFGR) last posted its earnings results on Tuesday, November 7th. The technology company reported ($0.33) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.44) by $0.11. Leaf Group had a negative return on equity of 44.59% and a negative net margin of 25.98%. The company had revenue of $33.50 million for the quarter, compared to the consensus estimate of $30.93 million. During the same quarter in the prior year, the company earned ($0.41) earnings per share. Leaf Group’s revenue was up 19.2% on a year-over-year basis. analysts predict that Leaf Group will post -1.69 earnings per share for the current year.

Several equities research analysts have weighed in on LFGR shares. B. Riley restated a “buy” rating and issued a $10.50 price objective on shares of Leaf Group in a research report on Wednesday, August 9th. Zacks Investment Research raised shares of Leaf Group from a “hold” rating to a “buy” rating and set a $7.75 price objective on the stock in a research note on Wednesday, October 4th. Finally, ValuEngine upgraded shares of Leaf Group from a “sell” rating to a “hold” rating in a report on Tuesday, November 21st. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $10.04.

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About Leaf Group

Leaf Group Ltd., formerly Demand Media, Inc, is diversified Internet marketplaces and media company. The Company has online media properties and marketplace platforms that enable communities of creators to reach audiences in lifestyle categories. The Company operates an online studio platform for the professional creation and distribution of content, as well as two online artist marketplaces.

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