Media headlines about InnerWorkings (NASDAQ:INWK) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. InnerWorkings earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 73 out of 100, meaning that recent press coverage is likely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Investors Buy High Volume of Put Options on Schlumberger NV (SLB) (footballhebdo.com)
- InnerWorkings, Inc. (NASDAQ:INWK) Expected to Announce Quarterly Sales of $283.80 Million (americanbankingnews.com)
- InnerWorkings (INWK) & Multi-Color Corporation (LABL) Head to Head Analysis (americanbankingnews.com)
- Zacks: Brokerages Expect InnerWorkings, Inc. (NASDAQ:INWK) Will Announce Earnings of $0.11 Per Share (americanbankingnews.com)
INWK has been the subject of a number of recent analyst reports. TheStreet upgraded InnerWorkings from a “c+” rating to a “b” rating in a report on Friday, March 17th. Zacks Investment Research upgraded InnerWorkings from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a report on Tuesday, May 30th. Wunderlich assumed coverage on InnerWorkings in a report on Thursday, April 6th. They issued a “buy” rating and a $12.00 price objective for the company. Finally, Barrington Research increased their price objective on InnerWorkings from $12.00 to $13.00 and gave the stock an “outperform” rating in a report on Wednesday, May 10th.
InnerWorkings (NASDAQ INWK) traded down 2.66% during trading on Monday, reaching $11.36. The company’s stock had a trading volume of 202,524 shares. InnerWorkings has a 12-month low of $8.07 and a 12-month high of $11.94. The company has a market capitalization of $603.43 million, a P/E ratio of 49.82 and a beta of 1.59. The firm’s 50-day moving average price is $11.04 and its 200 day moving average price is $10.17.
InnerWorkings (NASDAQ:INWK) last released its quarterly earnings results on Monday, May 8th. The business services provider reported $0.08 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. The firm had revenue of $267.40 million during the quarter, compared to analyst estimates of $277.43 million. InnerWorkings had a return on equity of 8.72% and a net margin of 1.15%. The business’s revenue for the quarter was down 1.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.06 EPS. On average, analysts predict that InnerWorkings will post $0.49 earnings per share for the current fiscal year.
InnerWorkings, Inc is a marketing execution company. The Company’s software applications and databases create an integrated solution that stores, analyzes and tracks the production capabilities of its supplier network, as well as detailed pricing data. The Company’s segments include North America and International.
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