Dixie Group (DXYN) Given Daily Media Impact Score of 0.07

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Media stories about Dixie Group (NASDAQ:DXYN) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Dixie Group earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the textile maker an impact score of 45.5821907036302 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

DXYN traded down $0.10 during trading hours on Monday, reaching $2.30. 7,192 shares of the stock traded hands, compared to its average volume of 17,198. The firm has a market cap of $39.40 million, a price-to-earnings ratio of -32.86 and a beta of 0.14. Dixie Group has a fifty-two week low of $2.25 and a fifty-two week high of $4.75. The company has a current ratio of 2.69, a quick ratio of 0.85 and a debt-to-equity ratio of 1.62.

Dixie Group (NASDAQ:DXYN) last released its quarterly earnings results on Thursday, May 3rd. The textile maker reported ($0.17) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by ($0.01). The firm had revenue of $98.86 million for the quarter, compared to analyst estimates of $99.70 million. Dixie Group had a negative net margin of 2.87% and a negative return on equity of 4.16%. analysts forecast that Dixie Group will post 0.06 earnings per share for the current fiscal year.

A number of equities research analysts recently weighed in on DXYN shares. ValuEngine raised shares of Dixie Group from a “sell” rating to a “hold” rating in a report on Monday, April 2nd. Zacks Investment Research raised shares of Dixie Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 1st.

Dixie Group Company Profile

The Dixie Group, Inc manufactures, markets, and sells floorcovering products for residential and commercial applications primarily in the United States. It offers residential carpets and custom rugs, specialty carpets and rugs, residential tufted broadloom and rugs, and broadloom and modular carpet tiles.

Insider Buying and Selling by Quarter for Dixie Group (NASDAQ:DXYN)

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