Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Safeguard Scientifics (SFE) Share Price

Headlines about Safeguard Scientifics (NYSE:SFE) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safeguard Scientifics earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media headlines about the asset manager an impact score of 45.5732121579342 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of Safeguard Scientifics (NYSE SFE) opened at $11.50 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.45. The stock has a market cap of $231.68, a PE ratio of -2.56 and a beta of 1.29. Safeguard Scientifics has a twelve month low of $10.65 and a twelve month high of $14.40.

Safeguard Scientifics (NYSE:SFE) last posted its quarterly earnings data on Thursday, October 26th. The asset manager reported ($0.91) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($1.11) by $0.20. During the same quarter in the prior year, the company posted ($1.18) earnings per share. equities research analysts expect that Safeguard Scientifics will post -4.47 earnings per share for the current fiscal year.

SFE has been the subject of a number of recent research reports. ValuEngine raised shares of Safeguard Scientifics from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Keefe, Bruyette & Woods reissued a “mkt perform” rating and issued a $13.25 price objective on shares of Safeguard Scientifics in a report on Wednesday, December 6th. Finally, Zacks Investment Research raised shares of Safeguard Scientifics from a “sell” rating to a “hold” rating in a report on Thursday, September 28th.

TRADEMARK VIOLATION NOTICE: This news story was reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another publication, it was illegally stolen and republished in violation of United States & international copyright & trademark law. The correct version of this news story can be viewed at https://www.com-unik.info/2017/12/29/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-safeguard-scientifics-sfe-share-price.html.

About Safeguard Scientifics

Safeguard Scientifics, Inc is engaged in providing capital to technology companies within the fields of healthcare, financial services and digital media. The Company holds interest in companies, which it refers to as partner companies. As of December 31, 2016, the Company held interests in 29 non-consolidated partner companies.

Insider Buying and Selling by Quarter for Safeguard Scientifics (NYSE:SFE)

Receive News & Ratings for Safeguard Scientifics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Safeguard Scientifics and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit