Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Sequential Brands Group (SQBG) Share Price

Media coverage about Sequential Brands Group (NASDAQ:SQBG) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sequential Brands Group earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the textile maker an impact score of 45.4106744762057 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

SQBG has been the topic of a number of research reports. Roth Capital set a $3.00 target price on shares of Sequential Brands Group and gave the company a “buy” rating in a report on Monday, October 23rd. ValuEngine cut shares of Sequential Brands Group from a “buy” rating to a “hold” rating in a report on Friday, September 1st. B. Riley restated a “buy” rating and set a $7.00 target price on shares of Sequential Brands Group in a report on Monday, November 6th. Zacks Investment Research cut shares of Sequential Brands Group from a “hold” rating to a “sell” rating in a report on Thursday, October 26th. Finally, Canaccord Genuity cut shares of Sequential Brands Group from a “buy” rating to a “hold” rating and dropped their target price for the company from $6.00 to $1.50 in a report on Friday, November 10th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $6.92.

Sequential Brands Group (NASDAQ:SQBG) opened at $1.75 on Monday. The stock has a market cap of $110.52, a PE ratio of -4.61, a P/E/G ratio of 0.24 and a beta of 0.41. Sequential Brands Group has a one year low of $1.36 and a one year high of $5.20. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.46 and a quick ratio of 1.46.

Sequential Brands Group (NASDAQ:SQBG) last announced its quarterly earnings results on Thursday, November 9th. The textile maker reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.02). The firm had revenue of $39.00 million during the quarter, compared to the consensus estimate of $43.66 million. Sequential Brands Group had a positive return on equity of 2.26% and a negative net margin of 14.35%. The business’s revenue for the quarter was down 7.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.12 EPS. analysts expect that Sequential Brands Group will post 0.48 earnings per share for the current year.

In other Sequential Brands Group news, Director Aaron P. Hollander bought 20,000 shares of the firm’s stock in a transaction on Monday, November 20th. The stock was acquired at an average price of $1.72 per share, with a total value of $34,400.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Matthew Eby bought 91,200 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was acquired at an average cost of $1.60 per share, with a total value of $145,920.00. The disclosure for this purchase can be found here. In the last quarter, insiders purchased 473,200 shares of company stock worth $765,636. 27.30% of the stock is currently owned by company insiders.

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Sequential Brands Group Company Profile

Sequential Brands Group, Inc owns a portfolio of consumer brands in the fashion, home, athletic and lifestyle categories. The Company’s portfolio of consumer brands includes Martha Stewart, Emeril Lagasse, Jessica Simpson, Joe’s Jeans, William Rast, Ellen Tracy, Revo, AND1 and Avia. The Company’s brands are licensed for a range of product categories, including apparel, footwear, eyewear, fashion accessories and home goods.

Insider Buying and Selling by Quarter for Sequential Brands Group (NASDAQ:SQBG)

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