Media coverage about Blue Apron Holdings (NASDAQ:APRN) has trended somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Blue Apron Holdings earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.3118294740024 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Blue Apron Holdings Inc (APRN) Downgraded by Barclays PLC to “Underweight” (americanbankingnews.com)
- Blue Apron Holdings Inc (APRN) Price Target Lowered to $10.00 at Canaccord Genuity (americanbankingnews.com)
- Blue Apron Holdings Inc (APRN) Earns “Buy” Rating from Needham & Company LLC (americanbankingnews.com)
- The Pros, Cons Of Blue Apron After Its Post-IPO Plunge (finance.yahoo.com)
- Who Had a Worse Week? Pandora or Blue Apron? (finance.yahoo.com)
Several equities research analysts recently issued reports on APRN shares. Northcoast Research started coverage on Blue Apron Holdings in a research report on Tuesday, July 11th. They set a “sell” rating and a $2.00 price target on the stock. Oppenheimer Holdings, Inc. started coverage on Blue Apron Holdings in a research report on Monday, July 24th. They set an “outperform” rating and a $11.00 price target on the stock. Zacks Investment Research lowered Blue Apron Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Citigroup Inc. started coverage on Blue Apron Holdings in a research report on Tuesday, July 25th. They set a “buy” rating and a $10.00 price target on the stock. Finally, CIBC reissued a “market perform” rating on shares of Blue Apron Holdings in a research report on Monday, August 21st. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $7.12.
Shares of Blue Apron Holdings (NASDAQ:APRN) opened at $3.79 on Monday. Blue Apron Holdings has a 52-week low of $3.56 and a 52-week high of $11.00.
Blue Apron Holdings (NASDAQ:APRN) last issued its earnings results on Thursday, November 2nd. The company reported ($0.47) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.43) by ($0.04). The business had revenue of $210.60 million during the quarter, compared to analysts’ expectations of $191.47 million. During the same quarter in the previous year, the company earned ($0.56) earnings per share. Blue Apron Holdings’s revenue for the quarter was up 2.5% compared to the same quarter last year.
About Blue Apron Holdings
Blue Apron Holdings, Inc is a holding company. The Company is focused on providing recipes and fresh ingredients for making home cooking accessible. The Company offers under a novel business model in which it source, process, store and package meal ingredients and ship them directly to consumers. The Company’s core products include Meals and Wine.
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