Rambus (RMBS) Earns Media Sentiment Rating of 0.03

Press coverage about Rambus (NASDAQ:RMBS) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rambus earned a daily sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the semiconductor company an impact score of 47.1381964451022 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Here are some of the media stories that may have impacted Accern’s analysis:

Shares of Rambus opened at $13.38 on Friday, Marketbeat.com reports. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 29.73, a price-to-earnings-growth ratio of 2.01 and a beta of 0.44. The company has a current ratio of 3.44, a quick ratio of 3.40 and a debt-to-equity ratio of 0.16. Rambus has a 12-month low of $11.30 and a 12-month high of $15.50.

Rambus (NASDAQ:RMBS) last issued its quarterly earnings results on Monday, May 7th. The semiconductor company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.31). The business had revenue of $100.50 million for the quarter, compared to analysts’ expectations of $97.00 million. Rambus had a positive return on equity of 8.46% and a negative net margin of 17.65%. The business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.17 EPS. research analysts predict that Rambus will post 0.67 EPS for the current year.

Several research analysts recently issued reports on RMBS shares. ValuEngine raised Rambus from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Benchmark reissued a “buy” rating and issued a $18.00 price objective (up from $16.00) on shares of Rambus in a report on Thursday, January 25th. BidaskClub raised Rambus from a “sell” rating to a “hold” rating in a report on Friday, May 4th. Zacks Investment Research raised Rambus from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a report on Friday, May 11th. Finally, Deutsche Bank assumed coverage on Rambus in a report on Tuesday, March 27th. They set a “buy” rating and a $17.00 target price on the stock. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Rambus currently has a consensus rating of “Buy” and an average target price of $16.27.

About Rambus

Rambus Inc provides semiconductor products in South Korea and internationally. The company operates through Memory and Interfaces, Security, and Other segments. It focuses on the design, development, and manufacturing through partnerships and licensing of technology and solutions related to memory and interfaces; and design, development, deployment, and licensing of technologies for chip, system and in-field application security, anti-counterfeiting, smart ticketing, and mobile payments.

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