Media headlines about Avaya (NYSE:AVYA) have been trending somewhat negative recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Avaya earned a coverage optimism score of -0.09 on Accern’s scale. Accern also assigned news articles about the company an impact score of 48.5885607324667 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Avaya Holdings (AVYA) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
- Avaya names new MD for the Netherlands (telecompaper.com)
- Avaya reports Q2 fiscal 2018 financial results (financial-news.co.uk)
- Jasco brings Avaya services to Africa, with focus on Kenya (telecompaper.com)
- Avaya (AVYA) Upgraded by Zacks Investment Research to “Buy” (americanbankingnews.com)
Several equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Avaya from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research report on Monday. BWS Financial started coverage on shares of Avaya in a research report on Thursday, February 22nd. They set a “buy” rating and a $32.00 price objective for the company. Finally, Northland Securities started coverage on shares of Avaya in a report on Friday, February 2nd. They issued an “outperform” rating and a $28.00 target price for the company.
Avaya (NYSE:AVYA) last posted its earnings results on Thursday, May 10th. The company reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.17). The firm had revenue of $672.00 million for the quarter, compared to analysts’ expectations of $758.00 million. equities analysts predict that Avaya will post 1.93 EPS for the current fiscal year.
Avaya Holdings Corp. operates as a holding company which through its subsidiary, develops business collaboration and communications solutions worldwide. The company was formerly known as Sierra Holdings Corp. The company was incorporated in 2007 and is based in Santa Clara, California. On January 19, 2017, Avaya Holdings Corp.
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