Headlines about Blue Buffalo Pet Products (NASDAQ:BUFF) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media 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 nearest to one being the most favorable. Blue Buffalo Pet Products earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.5059701904499 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern’s scoring:
- Blue Buffalo Pet Products, Inc. (BUFF) Just Reaches All Time High? – ExpressNewsline (expressnewsline.com)
- Technicals in Focus – Blue Buffalo Pet Products Inc (NASDAQ: BUFF) – Alpha Beta Stock (alphabetastock.com)
- Blue Buffalo Pet Products, Inc. (BUFF) Stock Regains Attentions on Active Volume – Investing News Update (investingbizz.com)
- Recent Analysis Shows Blue Buffalo Pet Products, Expeditors … – GlobeNewswire (press release) (globenewswire.com)
- Notable Wednesday Option Activity: COST, BUFF, EW (nasdaq.com)
Blue Buffalo Pet Products (NASDAQ BUFF) traded down $0.63 on Friday, reaching $35.09. 1,224,920 shares of the company traded hands, compared to its average volume of 1,150,522. The firm has a market capitalization of $6,851.78, a PE ratio of 40.33, a PEG ratio of 2.06 and a beta of 1.83. The company has a quick ratio of 3.62, a current ratio of 4.22 and a debt-to-equity ratio of 1.61. Blue Buffalo Pet Products has a 1 year low of $21.51 and a 1 year high of $35.81.
A number of research analysts have recently commented on BUFF shares. Oppenheimer reissued a “buy” rating and set a $32.00 target price on shares of Blue Buffalo Pet Products in a research report on Monday, November 6th. Barclays reissued a “buy” rating and set a $29.00 target price on shares of Blue Buffalo Pet Products in a research report on Friday, November 10th. Wells Fargo & Co raised shares of Blue Buffalo Pet Products to a “buy” rating and set a $36.00 target price on the stock in a research report on Friday, December 8th. Deutsche Bank cut shares of Blue Buffalo Pet Products from a “buy” rating to a “hold” rating and set a $34.00 target price on the stock. in a research report on Wednesday, December 13th. Finally, BidaskClub cut shares of Blue Buffalo Pet Products from a “strong-buy” rating to a “buy” rating in a research report on Friday, December 15th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $32.54.
In related news, CEO William W. Bishop, Jr. sold 3,180 shares of the company’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $32.41, for a total value of $103,063.80. Following the sale, the chief executive officer now directly owns 629,650 shares of the company’s stock, valued at $20,406,956.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider William W. Bishop, Jr. sold 21,200 shares of the company’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $32.25, for a total transaction of $683,700.00. Following the completion of the sale, the insider now directly owns 636,010 shares in the company, valued at $20,511,322.50. The disclosure for this sale can be found here. Insiders sold 214,288 shares of company stock worth $6,977,870 over the last ninety days. 7.70% of the stock is currently owned by corporate insiders.
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Blue Buffalo Pet Products Company Profile
Blue Buffalo Pet Products, Inc (BBPP) is a holding company. The Company operates as a pet food company. The Company, through its subsidiaries, develops, produces, markets and sells pet food under product lines, including BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines.
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