Positive Press Coverage Extremely Likely to Impact TheStreet (NASDAQ:TST) Stock Price

Media headlines about TheStreet (NASDAQ:TST) have trended positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TheStreet earned a media sentiment score of 2.60 on their scale. InfoTrie also gave media stories about the information services provider an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have impacted TheStreet’s score:

NASDAQ TST opened at $6.06 on Thursday. The stock has a market cap of $30.95 million, a PE ratio of -10.10 and a beta of 0.19. TheStreet has a 52-week low of $5.48 and a 52-week high of $25.00.

TheStreet (NASDAQ:TST) last posted its earnings results on Tuesday, May 14th. The information services provider reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The company had revenue of $6.69 million during the quarter, compared to analysts’ expectations of $9.37 million. TheStreet had a net margin of 143.87% and a negative return on equity of 2.61%. During the same quarter last year, the company posted ($0.10) EPS. Research analysts forecast that TheStreet will post -1.49 earnings per share for the current year.

TST has been the subject of a number of analyst reports. ValuEngine raised shares of TheStreet from a “hold” rating to a “buy” rating in a research report on Friday, April 26th. Lake Street Capital set a $30.00 target price on shares of TheStreet and gave the stock a “buy” rating in a research note on Thursday, April 4th. Zacks Investment Research upgraded shares of TheStreet from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Tuesday, March 5th. B. Riley restated a “buy” rating on shares of TheStreet in a research note on Wednesday, March 13th. Finally, Northland Securities raised their target price on shares of TheStreet from $3.00 to $10.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.83.

In other TheStreet news, major shareholder Cannell Capital Llc acquired 11,989 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was acquired at an average price of $6.71 per share, for a total transaction of $80,446.19. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders acquired a total of 15,688 shares of company stock valued at $105,742 in the last quarter. Corporate insiders own 30.00% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Positive Press Coverage Extremely Likely to Impact TheStreet (NASDAQ:TST) Stock Price” was reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be accessed at https://www.com-unik.info/2019/06/13/positive-press-coverage-extremely-likely-to-impact-thestreet-nasdaqtst-stock-price.html.

About TheStreet

TheStreet, Inc, a financial news and information provider, provides business to business (B2B) and business to consumer (B2C) content and products worldwide. The company operates through three segments: TheDeal/BoardEx, RateWatch, and Business to Consumer. Its B2B products include The Deal, a digital subscription model that delivers coverage primarily to institutional investors on changes in corporate control comprising merges and acquisitions, private equity, corporate activism, and restructuring; and BoardEx, an institutional relationship capital management database and platform, which holds profiles of approximately 1 million business leaders.

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Positive Press Coverage Extremely Likely to Impact TheStreet (NASDAQ:TST) Stock Price

Media headlines about TheStreet (NASDAQ:TST) have trended positive recently, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TheStreet earned a media sentiment score of 2.60 on their scale. InfoTrie also gave media stories about the information services provider an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have impacted TheStreet’s score:

NASDAQ TST opened at $6.06 on Thursday. The stock has a market cap of $30.95 million, a PE ratio of -10.10 and a beta of 0.19. TheStreet has a 52-week low of $5.48 and a 52-week high of $25.00.

TheStreet (NASDAQ:TST) last posted its earnings results on Tuesday, May 14th. The information services provider reported ($0.09) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The company had revenue of $6.69 million during the quarter, compared to analysts’ expectations of $9.37 million. TheStreet had a net margin of 143.87% and a negative return on equity of 2.61%. During the same quarter last year, the company posted ($0.10) EPS. Research analysts forecast that TheStreet will post -1.49 earnings per share for the current year.

TST has been the subject of a number of analyst reports. ValuEngine raised shares of TheStreet from a “hold” rating to a “buy” rating in a research report on Friday, April 26th. Lake Street Capital set a $30.00 target price on shares of TheStreet and gave the stock a “buy” rating in a research note on Thursday, April 4th. Zacks Investment Research upgraded shares of TheStreet from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research note on Tuesday, March 5th. B. Riley restated a “buy” rating on shares of TheStreet in a research note on Wednesday, March 13th. Finally, Northland Securities raised their target price on shares of TheStreet from $3.00 to $10.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 15th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $17.83.

In other TheStreet news, major shareholder Cannell Capital Llc acquired 11,989 shares of the company’s stock in a transaction on Tuesday, May 7th. The stock was acquired at an average price of $6.71 per share, for a total transaction of $80,446.19. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders acquired a total of 15,688 shares of company stock valued at $105,742 in the last quarter. Corporate insiders own 30.00% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Positive Press Coverage Extremely Likely to Impact TheStreet (NASDAQ:TST) Stock Price” was reported by Community Financial News and is the property of of Community Financial News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international copyright law. The original version of this news story can be accessed at https://www.com-unik.info/2019/06/13/positive-press-coverage-extremely-likely-to-impact-thestreet-nasdaqtst-stock-price.html.

About TheStreet

TheStreet, Inc, a financial news and information provider, provides business to business (B2B) and business to consumer (B2C) content and products worldwide. The company operates through three segments: TheDeal/BoardEx, RateWatch, and Business to Consumer. Its B2B products include The Deal, a digital subscription model that delivers coverage primarily to institutional investors on changes in corporate control comprising merges and acquisitions, private equity, corporate activism, and restructuring; and BoardEx, an institutional relationship capital management database and platform, which holds profiles of approximately 1 million business leaders.

Recommended Story: How to Profit and Limit Losses With Stop Orders

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



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