Media headlines about Tremor Video (NYSE:TRMR) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tremor Video earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 45.89661269395 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Microsoft Corporation (MSFT) PT Raised to $65.00 at BGC Financial (techkenyot.com)
- Tremor Video Rebrands as Telaria, a Leading Independent Sell-Side Software Platform Focused on Video Everywhere (finance.yahoo.com)
- Tremor Video – Chart Of The Day (talkmarkets.com)
- Tremor Video Adds Significant Curated Premium CTV/OTT Inventory to The Trade Desk’s Platform (finance.yahoo.com)
Several research firms have weighed in on TRMR. ValuEngine downgraded shares of Tremor Video from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Canaccord Genuity raised their target price on shares of Tremor Video from $3.00 to $4.00 and gave the company a “buy” rating in a report on Monday, August 21st. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $3.63.
Tremor Video (NYSE TRMR) opened at 4.00 on Wednesday. The firm’s 50-day moving average is $2.81 and its 200 day moving average is $2.38. Tremor Video has a 12-month low of $1.45 and a 12-month high of $4.10. The stock’s market capitalization is $201.93 million.
Tremor Video (NYSE:TRMR) last issued its quarterly earnings results on Thursday, August 3rd. The software maker reported ($0.05) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.09) by $0.04. Tremor Video had a negative net margin of 7.11% and a negative return on equity of 16.72%. The company had revenue of $48.90 million during the quarter, compared to the consensus estimate of $43.46 million. During the same period in the prior year, the company earned ($0.11) EPS. Tremor Video’s revenue was up 31.8% on a year-over-year basis. Equities research analysts anticipate that Tremor Video will post ($0.02) earnings per share for the current year.
In other Tremor Video news, CEO Mark Zagorski purchased 41,865 shares of the business’s stock in a transaction on Friday, August 11th. The stock was bought at an average cost of $2.42 per share, with a total value of $101,313.30. Following the acquisition, the chief executive officer now owns 41,865 shares of the company’s stock, valued at $101,313.30. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 8.20% of the stock is currently owned by corporate insiders.
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About Tremor Video
Tremor Video, Inc is an advertising technology company. The Company provides software for video advertising effectiveness. The Company operates through online video advertising services segment. Its technology optimizes performance of video advertisement campaigns across all screens, including computers, smartphones, tablets and connected televisions.
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