News headlines about Determine (NASDAQ:DTRM) have trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Determine earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.2927702553473 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern’s scoring:
- Zacks: Analysts Anticipate Determine Inc (DTRM) to Announce -$0.10 EPS (americanbankingnews.com)
- 3 Ways to Determine Exactly What to Spend On Your Marketing (inc.com)
- Source-to-Pay Powerhouse Determine, Inc. and Customer Watermark Retirement Communities to Present at ProcureCon Indirect East (finance.yahoo.com)
- Determine (DTRM) Downgraded by Zacks Investment Research to Sell (americanbankingnews.com)
- What Are The Drivers Of Determine Inc’s (NASDAQ:DTRM) Risks? (finance.yahoo.com)
Several brokerages have recently commented on DTRM. Maxim Group downgraded shares of Determine from a “buy” rating to a “hold” rating in a report on Friday, November 10th. B. Riley reiterated a “buy” rating and issued a $3.50 target price on shares of Determine in a report on Monday, November 6th. Zacks Investment Research downgraded shares of Determine from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Finally, ValuEngine downgraded shares of Determine from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st. Three equities research analysts have rated the stock with a sell rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $3.00.
Determine (NASDAQ:DTRM) last posted its quarterly earnings data on Thursday, February 8th. The technology company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.03. Determine had a negative net margin of 30.59% and a negative return on equity of 87.88%. The business had revenue of $7.50 million during the quarter, compared to the consensus estimate of $7.00 million. During the same quarter last year, the company posted ($0.08) earnings per share. The firm’s quarterly revenue was up 8.7% compared to the same quarter last year. research analysts predict that Determine will post -0.52 earnings per share for the current fiscal year.
In related news, major shareholder Lloyd I. Miller III sold 25,000 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $1.69, for a total transaction of $42,250.00. Following the completion of the sale, the insider now owns 250,820 shares in the company, valued at $423,885.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Lloyd I. Miller III sold 62,000 shares of the firm’s stock in a transaction dated Tuesday, December 26th. The stock was sold at an average price of $1.73, for a total transaction of $107,260.00. Following the sale, the insider now owns 250,820 shares of the company’s stock, valued at approximately $433,918.60. The disclosure for this sale can be found here. Insiders have sold 120,000 shares of company stock valued at $205,360 in the last 90 days. 9.96% of the stock is currently owned by corporate insiders.
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Determine Company Profile
Determine, Inc, (Determine), formerly Selectica, Inc, is a provider of enterprise contract management, supply management and configuration solutions. The Company is engaged in providing software as a service (SaaS) Source to Pay and Enterprise Contract Lifecyclem Management (ECLM) solutions. Its Source to Pay software suite includes strategic sourcing, supplier management, contract management and procure-to-pay applications.
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