Wright Medical Group N.V. (WMGI) Given Daily Media Impact Rating of 0.36

Media headlines about Wright Medical Group N.V. (NASDAQ:WMGI) have trended positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wright Medical Group N.V. earned a coverage optimism score of 0.36 on Accern’s scale. Accern also assigned media headlines about the medical device company an impact score of 46.8903298129343 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Wright Medical Group N.V. (WMGI) traded up $0.51 during midday trading on Friday, reaching $24.56. The company had a trading volume of 2,120,000 shares, compared to its average volume of 996,967. Wright Medical Group N.V. has a 52-week low of $20.69 and a 52-week high of $31.53. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.45 and a quick ratio of 1.12.

Wright Medical Group N.V. (NASDAQ:WMGI) last announced its quarterly earnings results on Wednesday, November 1st. The medical device company reported ($0.16) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.16). Wright Medical Group N.V. had a negative return on equity of 5.99% and a negative net margin of 38.40%. The firm had revenue of $170.50 million during the quarter, compared to the consensus estimate of $173.50 million. During the same period in the prior year, the firm earned ($0.19) EPS. The firm’s quarterly revenue was up 8.4% compared to the same quarter last year. analysts forecast that Wright Medical Group N.V. will post -0.28 earnings per share for the current year.

WMGI has been the subject of a number of research analyst reports. Jefferies Group LLC restated a “buy” rating and set a $33.00 price objective on shares of Wright Medical Group N.V. in a report on Thursday, October 12th. Oppenheimer Holdings, Inc. set a $30.00 price objective on Wright Medical Group N.V. and gave the stock a “hold” rating in a report on Thursday, August 3rd. Robert W. Baird restated a “buy” rating and set a $33.00 price objective on shares of Wright Medical Group N.V. in a report on Friday, October 6th. Royal Bank Of Canada restated a “buy” rating and set a $31.00 price objective on shares of Wright Medical Group N.V. in a report on Tuesday, October 3rd. Finally, Needham & Company LLC restated a “hold” rating on shares of Wright Medical Group N.V. in a report on Friday, September 1st. Six analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Wright Medical Group N.V. currently has an average rating of “Buy” and a consensus price target of $32.22.

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Wright Medical Group N.V. Company Profile

Wright Medical Group, Inc is a global specialty orthopaedic company. The Company through Wright Medical Technology, Inc (WMT) and other subsidiaries provides extremity and biologic solutions that enable clinicians to alleviate pain and restore the patients’ lifestyles. The Company operates through three segments: U.S., International and BioMimetic.

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