Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Shire (SHPG) Share Price

Media headlines about Shire (NASDAQ:SHPG) have been trending somewhat positive on Tuesday, according to Accern. Accern ranks 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 -1 to 1, with scores closest to one being the most favorable. Shire earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the biopharmaceutical company an impact score of 46.0086198860122 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

Several research firms recently issued reports on SHPG. Royal Bank of Canada reaffirmed a “buy” rating and issued a $213.00 price objective on shares of Shire in a research report on Monday, October 2nd. Cantor Fitzgerald set a $222.00 price target on Shire and gave the company a “buy” rating in a report on Tuesday, December 5th. FBR & Co reissued a “buy” rating and set a $201.00 price target on shares of Shire in a report on Monday, October 30th. Liberum Capital raised Shire from a “hold” rating to a “buy” rating in a report on Tuesday, November 14th. Finally, ValuEngine raised Shire from a “hold” rating to a “buy” rating in a report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and ten have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $212.18.

Shire (SHPG) traded up $0.53 during midday trading on Tuesday, hitting $151.80. The stock had a trading volume of 1,241,700 shares, compared to its average volume of 1,130,237. The company has a market cap of $45,493.25, a PE ratio of 10.40, a price-to-earnings-growth ratio of 0.84 and a beta of 1.59. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.98 and a quick ratio of 0.52. Shire has a 12-month low of $137.17 and a 12-month high of $192.15.

Shire (NASDAQ:SHPG) last released its quarterly earnings results on Friday, October 27th. The biopharmaceutical company reported $3.81 earnings per share for the quarter, beating the consensus estimate of $3.64 by $0.17. The firm had revenue of $3.70 billion for the quarter. Shire had a return on equity of 14.41% and a net margin of 10.95%. Shire’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the previous year, the company earned $3.17 earnings per share. analysts expect that Shire will post 15 EPS for the current fiscal year.

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About Shire

Shire plc is a biotech company focused on serving people with rare diseases and other specialized conditions. The Company’s segment is engaged in research, development, licensing, manufacturing, marketing, distribution and sale of specialist medicines. It focuses its development resources on projects in various therapeutic areas (TAs), including Neuroscience, Ophthalmology, Hematology, Oncology, Immunology, Gastrointestinal (GI)/Metabolic/Endocrinology Diseases.

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