News headlines about Eros International PLC (NYSE:EROS) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Eros International PLC earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0456602942985 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have impacted Accern’s analysis:
- Eros International PLC (EROS) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Eros Now Announces Entry into South African Market with Telecel Global Partnership – Business Wire (press release) (businesswire.com)
- Eros International Plc (EROS) – Be on the alert for Technical Figures – Wall Street Morning (wallstreetmorning.com)
- Eros PLC Announces Details of Annual Meeting of Shareholders (finance.yahoo.com)
EROS has been the subject of several research analyst reports. Jefferies Group LLC reiterated a “buy” rating and issued a $17.00 price objective (up previously from $15.00) on shares of Eros International PLC in a report on Monday, October 9th. TheStreet cut Eros International PLC from a “c” rating to a “d+” rating in a report on Friday, July 28th. BidaskClub cut Eros International PLC from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. ValuEngine upgraded Eros International PLC from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Finally, Zacks Investment Research upgraded Eros International PLC from a “sell” rating to a “hold” rating in a report on Tuesday, August 8th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $17.00.
Shares of Eros International PLC (EROS) traded down $0.10 during trading hours on Friday, hitting $12.70. The stock had a trading volume of 410,575 shares, compared to its average volume of 473,923. Eros International PLC has a 12-month low of $6.65 and a 12-month high of $18.85. The company has a market cap of $613.14, a price-to-earnings ratio of 1,270.00, a P/E/G ratio of 4.03 and a beta of 0.57. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.15 and a quick ratio of 1.15.
Eros International PLC (NYSE:EROS) last announced its earnings results on Friday, October 6th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Eros International PLC had a return on equity of 0.03% and a net margin of 0.20%. The firm had revenue of $60.83 million during the quarter. analysts forecast that Eros International PLC will post 0.21 earnings per share for the current fiscal year.
About Eros International PLC
Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Company’s principal activities include the acquisition, co-production and distribution of Indian films and related content. It distributes its film content through the distribution channels, such as theatrical, including multiplex chains and standalone theaters; television syndication, including satellite television broadcasting, cable television and terrestrial television; digital and ancillary, including music, inflight entertainment, home video, Internet protocol television (IPTV), video on demand (VOD), and Internet channels and Eros Now.
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