Headlines about Sears (NASDAQ:SHLD) have been trending somewhat negative recently, Accern Sentiment reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sears earned a media sentiment score of 0.00 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.8526844617978 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern’s analysis:
- The Sharks Are Already Circling a Wounded Sears (money.usnews.com)
- Here’s what’s killing Sears (msn.com)
- How Low Can It Go? Sears Stock Slips to $1.99, Then Closes at $2.07 (finance.yahoo.com)
- Shop Your Way® Expands Entertainment Options For Members With New fuboTV Partnership (finance.yahoo.com)
- Sears Holdings: Bruce Berkowitz Was Mostly Right. (seekingalpha.com)
Several equities research analysts have issued reports on the company. Moffett Nathanson assumed coverage on Sears in a research report on Monday, December 4th. They set a “sell” rating for the company. BidaskClub upgraded Sears from a “strong sell” rating to a “sell” rating in a report on Saturday, January 13th. Susquehanna Bancshares set a $3.00 price target on Sears and gave the stock a “sell” rating in a research note on Friday, December 1st. Finally, ValuEngine upgraded Sears from a “strong sell” rating to a “sell” rating in a research note on Friday, February 2nd. Five investment analysts have rated the stock with a sell rating, The stock currently has an average rating of “Sell” and an average target price of $4.78.
Sears (NASDAQ:SHLD) last released its quarterly earnings data on Thursday, November 30th. The company reported ($2.64) earnings per share (EPS) for the quarter, beating the consensus estimate of ($4.46) by $1.82. The business had revenue of $3.66 billion during the quarter, compared to the consensus estimate of $3.68 billion. The business’s revenue was down 27.2% compared to the same quarter last year. During the same period last year, the company posted ($3.45) earnings per share.
In related news, major shareholder Bruce R. Berkowitz sold 350,700 shares of the firm’s stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $2.86, for a total value of $1,003,002.00. Following the transaction, the insider now directly owns 799,516 shares of the company’s stock, valued at approximately $2,286,615.76. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Bruce R. Berkowitz sold 415,700 shares of the firm’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $3.43, for a total value of $1,425,851.00. Following the completion of the transaction, the insider now directly owns 799,516 shares in the company, valued at $2,742,339.88. The disclosure for this sale can be found here. Insiders have sold a total of 2,978,800 shares of company stock worth $9,818,269 over the last three months. Insiders own 89.00% of the company’s stock.
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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.
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