Press coverage about Farmer Brothers (NASDAQ:FARM) has trended somewhat negative recently, according to AlphaOne Sentiment Analysis. The research group, a service of Accern, ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Farmer Brothers earned a media sentiment score of -0.16 on AlphaOne’s scale. AlphaOne also assigned news headlines about the company an impact score of 37 out of 100, meaning that recent press coverage is 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 Alpha One Sentiment Analysis’s scoring:
Farmer Brothers (NASDAQ:FARM) opened at 31.20 on Tuesday. The company’s 50 day moving average is $33.25 and its 200 day moving average is $34.06. Farmer Brothers has a 12 month low of $28.80 and a 12 month high of $37.55. The stock has a market cap of $518.08 million, a PE ratio of 4.85 and a beta of 1.04. Farmer Brothers (NASDAQ:FARM) last released its earnings results on Tuesday, May 9th. The company reported $0.17 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.03. The company had revenue of $138.20 million for the quarter, compared to analysts’ expectations of $136.88 million. Farmer Brothers had a return on equity of 3.09% and a net margin of 1.15%. Farmer Brothers’s revenue was up 2.8% on a year-over-year basis. On average, analysts anticipate that Farmer Brothers will post $0.70 EPS for the current fiscal year.
Several equities analysts recently issued reports on FARM shares. Zacks Investment Research cut shares of Farmer Brothers from a “buy” rating to a “hold” rating in a research report on Friday, February 10th. B. Riley reiterated a “buy” rating and set a $38.50 price target on shares of Farmer Brothers in a research report on Monday, February 13th. ValuEngine upgraded shares of Farmer Brothers from a “sell” rating to a “hold” rating in a research report on Friday. Finally, TheStreet cut shares of Farmer Brothers from a “b” rating to a “c+” rating in a research report on Tuesday, May 30th. In other Farmer Brothers news, CEO Michael H. Keown sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, March 10th. The shares were sold at an average price of $31.66, for a total transaction of $379,920.00. Following the sale, the chief executive officer now owns 59,242 shares of the company’s stock, valued at approximately $1,875,601.72. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 38.10% of the stock is currently owned by insiders.
Receive News & Ratings for Farmer Brothers Co. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Farmer Brothers Co. and related companies with MarketBeat.com’s FREE daily email newsletter.