Press coverage about Lamar Advertising (NASDAQ:LAMR) has trended somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lamar Advertising earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave news coverage about the real estate investment trust an impact score of 47.0155503647383 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media headlines that may have effected Accern’s analysis:
- Lamar Advertising Company (LAMR) Expected to Announce Quarterly Sales of $396.19 Million (americanbankingnews.com)
- $1.29 Earnings Per Share Expected for Lamar Advertising Company (LAMR) This Quarter (americanbankingnews.com)
- Lamar Advertising Company Announces Third Quarter 2017 Operating Results – GlobeNewswire (press release) (globenewswire.com)
- Lamar Advertising (LAMR) Q3 FFO & Revenues Beat Estimates – Nasdaq (nasdaq.com)
Lamar Advertising (NASDAQ:LAMR) traded down $0.09 during midday trading on Tuesday, reaching $76.20. 344,270 shares of the company’s stock traded hands, compared to its average volume of 601,196. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.55 and a quick ratio of 1.55. The stock has a market capitalization of $7,384.29, a price-to-earnings ratio of 15.03, a price-to-earnings-growth ratio of 5.18 and a beta of 1.14. Lamar Advertising has a 52 week low of $59.25 and a 52 week high of $79.09.
A number of research analysts recently weighed in on LAMR shares. Morgan Stanley cut their target price on shares of Lamar Advertising from $75.00 to $68.00 and set an “equal weight” rating for the company in a report on Monday, September 18th. BidaskClub lowered shares of Lamar Advertising from a “hold” rating to a “sell” rating in a report on Monday, July 17th. ValuEngine raised shares of Lamar Advertising from a “hold” rating to a “buy” rating in a report on Thursday, August 10th. MKM Partners cut their target price on shares of Lamar Advertising from $72.00 to $64.00 and set a “neutral” rating for the company in a report on Wednesday, August 9th. Finally, Citigroup Inc. reissued a “neutral” rating and issued a $66.00 target price (down from $69.00) on shares of Lamar Advertising in a report on Friday, August 11th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $73.00.
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Lamar Advertising Company Profile
Lamar Advertising Company is an outdoor advertising company in the United States. The Company operates in the advertising segment. The Company sells advertising on billboards, buses, shelters, benches and logo plates. It operates three types of outdoor advertising displays: billboards, logo signs and transit advertising displays.
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