News coverage about Sina (NASDAQ:SINA) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sina earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 47.2384613343952 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Technical Eye on SINA Corporation (NASDAQ:SINA) (oracleexaminer.com)
- Delving into the uncanny valley with the mind behind the first Arabic-speaking robot (newatlas.com)
- Tech Stock on the move: SINA Corporation (NASDAQ: SINA) (fortuneberg.com)
- Reading Analyst Stock Recommendation:: SINA Corporation (SINA) (nasdaqplace.com)
Several equities analysts recently commented on the company. TheStreet lowered Sina from a “b-” rating to a “c” rating in a research report on Wednesday, May 9th. Benchmark boosted their price target on Sina from $157.00 to $174.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. Zacks Investment Research lowered Sina from a “hold” rating to a “strong sell” rating in a research report on Tuesday, April 17th. ValuEngine raised Sina from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Finally, BidaskClub lowered Sina from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Sina currently has an average rating of “Hold” and an average price target of $150.00.
Sina (NASDAQ:SINA) last announced its earnings results on Wednesday, May 9th. The technology company reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.25. Sina had a return on equity of 4.18% and a net margin of 8.40%. The company had revenue of $440.70 million for the quarter, compared to analyst estimates of $435.74 million. During the same period in the prior year, the company posted $0.50 EPS. Sina’s quarterly revenue was up 58.5% on a year-over-year basis. sell-side analysts expect that Sina will post 2.81 earnings per share for the current fiscal year.
Sina Company Profile
SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, and entertainment; and education, digital, fashion, luxury, health, collectibles, travel, and other interest-based channels.
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