Press coverage about Belmond (NYSE:BEL) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Belmond earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the company an impact score of 47.7467741309351 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
Several analysts have recently issued reports on the company. Deutsche Bank AG reduced their price objective on Belmond from $13.00 to $12.00 and set a “hold” rating on the stock in a research report on Wednesday. BidaskClub downgraded Belmond from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 24th. Finally, Barclays PLC reiterated an “overweight” rating and set a $15.00 target price (down from $16.00) on shares of Belmond in a research report on Thursday, August 10th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. Belmond presently has an average rating of “Hold” and an average price target of $14.00.
Belmond (NYSE BEL) traded up $0.15 during midday trading on Friday, reaching $11.95. The company had a trading volume of 477,651 shares, compared to its average volume of 340,324. Belmond has a 1 year low of $11.00 and a 1 year high of $14.45. The stock has a market capitalization of $1,420.00, a P/E ratio of 62.90 and a beta of 1.18. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.92 and a quick ratio of 0.96.
Belmond (NYSE:BEL) last released its earnings results on Monday, August 7th. The company reported $0.19 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.07. Belmond had a positive return on equity of 2.84% and a negative net margin of 1.52%. The firm had revenue of $165.90 million for the quarter, compared to the consensus estimate of $168.93 million. sell-side analysts predict that Belmond will post 0.12 EPS for the current fiscal year.
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Belmond Company Profile
Belmond Ltd. (Belmond) is a hotel company and adventure travel operator. As of December 31, 2016, Belmond owned, partially-owned and/or operated 45 properties, consisting of 34 individual deluxe hotels, 29 of which are owned (including nine under long-term lease), five European tourist trains, two cruise ships in Myanmar (one of which is under long-term charter), one French canal cruise business consisting of five small canal boats, and one stand-alone restaurant in the United States.
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