Sears (NASDAQ:SHLD) Earns News Sentiment Rating of 0.09

Headlines about Sears (NASDAQ:SHLD) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sears earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.4423176102807 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have effected Accern Sentiment’s analysis:

A number of equities analysts recently weighed in on the company. Moffett Nathanson assumed coverage on Sears in a research report on Monday. They issued a “sell” rating for the company. Susquehanna Bancshares set a $3.00 price target on Sears and gave the company a “sell” rating in a research report on Friday. Finally, ValuEngine upgraded Sears from a “strong sell” rating to a “sell” rating in a research report on Friday. Four investment analysts have rated the stock with a sell rating and one has issued a hold rating to the company. Sears presently has a consensus rating of “Sell” and a consensus price target of $5.03.

Sears (SHLD) traded down $0.21 on Monday, hitting $3.87. The stock had a trading volume of 2,303,900 shares, compared to its average volume of 1,585,397. Sears has a 52 week low of $3.62 and a 52 week high of $14.32. The company has a debt-to-equity ratio of -0.51, a current ratio of 0.80 and a quick ratio of 0.19.

Sears (NASDAQ:SHLD) last posted its quarterly earnings results on Thursday, November 30th. The company reported ($2.64) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($4.46) by $1.82. The firm had revenue of $3.66 billion for the quarter, compared to analysts’ expectations of $3.68 billion. During the same period last year, the business earned ($3.45) earnings per share. The firm’s revenue for the quarter was down 27.2% on a year-over-year basis.

In other Sears news, major shareholder Bruce R. Berkowitz sold 38,800 shares of Sears stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $4.26, for a total value of $165,288.00. Following the transaction, the insider now directly owns 799,516 shares of the company’s stock, valued at approximately $3,405,938.16. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, major shareholder Bruce R. Berkowitz sold 143,800 shares of Sears stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $4.61, for a total value of $662,918.00. Following the completion of the transaction, the insider now directly owns 799,516 shares in the company, valued at $3,685,768.76. The disclosure for this sale can be found here. 89.00% of the stock is currently owned by company insiders.

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About Sears

Sears Holdings Corporation is an integrated retailer. The Company is the parent company of Kmart Holding Corporation (Kmart) and Sears, Roebuck and Co (Sears). The Company’s segments are Kmart and Sears Domestic. It also offers Shop Your Way, a member-based social shopping platform that offers rewards and personalized services.

Insider Buying and Selling by Quarter for Sears (NASDAQ:SHLD)

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