Somewhat Positive News Coverage Somewhat Unlikely to Impact Amplify Snack Brands, inc. (BETR) Share Price

Media coverage about Amplify Snack Brands, inc. (NYSE:BETR) has been trending somewhat positive on Monday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Amplify Snack Brands, inc. earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.3037457687977 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect 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 scoring:

Shares of Amplify Snack Brands, inc. (BETR) traded down 4.78% during midday trading on Monday, hitting $6.38. 923,527 shares of the stock were exchanged. The stock has a market cap of $476.83 million, a P/E ratio of 42.25 and a beta of 2.17. The stock’s 50-day moving average price is $7.13 and its 200 day moving average price is $7.13. Amplify Snack Brands, inc. has a one year low of $6.12 and a one year high of $14.64.

Amplify Snack Brands, inc. (NYSE:BETR) last posted its quarterly earnings data on Tuesday, August 8th. The company reported $0.08 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. The firm had revenue of $101.00 million for the quarter, compared to the consensus estimate of $98.99 million. Amplify Snack Brands, inc. had a return on equity of 36.58% and a net margin of 3.43%. The business’s revenue for the quarter was up 68.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.15 EPS. On average, analysts anticipate that Amplify Snack Brands, inc. will post $0.34 earnings per share for the current year.

A number of equities research analysts have recently commented on BETR shares. Zacks Investment Research upgraded shares of Amplify Snack Brands, inc. from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a report on Thursday, July 13th. Jefferies Group LLC set a $12.00 price target on shares of Amplify Snack Brands, inc. and gave the stock a “buy” rating in a report on Saturday, July 29th. TheStreet upgraded shares of Amplify Snack Brands, inc. from a “d+” rating to a “c” rating in a report on Wednesday, August 2nd. Wedbush reiterated a “hold” rating on shares of Amplify Snack Brands, inc. in a report on Tuesday, August 8th. Finally, BidaskClub downgraded shares of Amplify Snack Brands, inc. from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the stock. Amplify Snack Brands, inc. presently has a consensus rating of “Hold” and a consensus price target of $9.50.

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In other Amplify Snack Brands, inc. news, insider Brian Goldberg sold 40,000 shares of the business’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $7.01, for a total transaction of $280,400.00. Following the sale, the insider now owns 1,313,866 shares in the company, valued at approximately $9,210,200.66. The transaction was disclosed in a filing with the SEC, which is available through this link. In the last 90 days, insiders have sold 120,000 shares of company stock worth $828,800. Corporate insiders own 57.40% of the company’s stock.

Amplify Snack Brands, inc. Company Profile

Amplify Snack Brands, Inc is a snack food company focused on developing and marketing products that appeal to consumers’ growing preference for better-for-you (BFY) snacks. The Company’s segments are North America and International. The North America and International segments both operate in the snack food category and whose brands and products are offered in the natural and conventional grocery, drug, convenience, food service, club, mass merchandise and other channels.

Insider Buying and Selling by Quarter for Amplify Snack Brands, inc. (NYSE:BETR)

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