News coverage about Blue Buffalo Pet Products (NASDAQ:BUFF) has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blue Buffalo Pet Products earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.833808839093 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news headlines that may have effected Accern Sentiment’s rankings:
- Blue Buffalo Pet Products Inc (BUFF) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Nestle Sees Demand for Premium Pet Food Driving Purina Growth … – Bloomberg (bloomberg.com)
- 3 Earnings Reports to Watch Next Week | InvestorPlace – Investorplace.com (investorplace.com)
- Can analysts adopt a bullish outlook for Blue Buffalo Pet Products, Inc. (NASDAQ:BUFF)? – NMSU Hеrаld (nmsuherald.com)
- Is Stock’s Performance Impressive? – Blue Buffalo Pet Products Inc (NASDAQ: BUFF) – Alpha Beta Stock (alphabetastock.com)
Shares of BUFF stock remained flat at $$39.80 during midday trading on Friday. 1,987,847 shares of the company’s stock traded hands, compared to its average volume of 4,947,416. The company has a market capitalization of $7,784.28, a P/E ratio of 41.03, a PEG ratio of 1.40 and a beta of 1.41. Blue Buffalo Pet Products has a 12 month low of $21.51 and a 12 month high of $40.15. The company has a quick ratio of 3.17, a current ratio of 3.74 and a debt-to-equity ratio of 1.30.
Blue Buffalo Pet Products (NASDAQ:BUFF) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.06. The company had revenue of $336.96 million during the quarter, compared to analysts’ expectations of $320.58 million. Blue Buffalo Pet Products had a return on equity of 77.83% and a net margin of 15.18%. The business’s revenue was up 14.2% on a year-over-year basis. During the same period last year, the business earned $0.18 earnings per share. analysts predict that Blue Buffalo Pet Products will post 1.18 earnings per share for the current fiscal year.
A number of equities research analysts have weighed in on the stock. Robert W. Baird reiterated a “hold” rating and set a $40.00 price target on shares of Blue Buffalo Pet Products in a research note on Friday, February 23rd. Societe Generale downgraded shares of Blue Buffalo Pet Products from a “hold” rating to a “sell” rating in a research note on Monday, February 26th. Wells Fargo downgraded shares of Blue Buffalo Pet Products from an “outperform” rating to a “market perform” rating and lifted their price target for the stock from $36.00 to $40.00 in a research note on Tuesday, February 27th. Zacks Investment Research upgraded shares of Blue Buffalo Pet Products from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research note on Wednesday, February 28th. Finally, Citigroup downgraded shares of Blue Buffalo Pet Products from a “buy” rating to a “neutral” rating in a research note on Monday, February 26th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $35.50.
In other Blue Buffalo Pet Products news, insider William W. Bishop, Jr. sold 21,200 shares of Blue Buffalo Pet Products stock in a transaction on Thursday, December 28th. The stock was sold at an average price of $32.43, for a total transaction of $687,516.00. Following the completion of the transaction, the insider now directly owns 629,650 shares of the company’s stock, valued at $20,419,549.50. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO William W. Bishop, Jr. sold 3,180 shares of Blue Buffalo Pet Products 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 transaction, the chief executive officer now directly owns 629,650 shares of the company’s stock, valued at $20,406,956.50. The disclosure for this sale can be found here. Over the last three months, insiders have sold 193,088 shares of company stock valued at $6,488,574. Company insiders own 7.70% of the company’s stock.
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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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