News stories about PLDT (NYSE:PHI) have been trending positive this week, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. PLDT earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 45.8794412993613 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- Philippines to prevent sellout by third telco operator to PLDT, Globe (reuters.com)
- PLDT (PHI) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Philippines to prevent sellout by 3rd telco operator to PLDT, Globe (reuters.com)
- PLDT Inc. (PHI) Reaches $28.57 After 7.00% Down Move; Globus Medical (GMED) Shorts Lowered By 16.09% – Hill Country Times (hillcountrytimes.com)
- Zacks Investment Research Downgrades PLDT (PHI) to Hold (americanbankingnews.com)
Several equities research analysts have issued reports on the stock. Zacks Investment Research raised shares of PLDT from a “sell” rating to a “hold” rating in a research report on Wednesday, October 11th. Bank of America raised shares of PLDT from an “underperform” rating to a “neutral” rating in a research report on Thursday, December 14th. Finally, Citigroup raised shares of PLDT from a “sell” rating to a “neutral” rating in a research report on Wednesday, December 6th. Two analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $32.00.
PLDT (NYSE PHI) traded up $0.14 during trading on Tuesday, reaching $28.61. 136,914 shares of the company’s stock traded hands, compared to its average volume of 118,610. The stock has a market cap of $6,151.11, a PE ratio of 11.77, a price-to-earnings-growth ratio of 0.95 and a beta of 0.94. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.53 and a current ratio of 0.55. PLDT has a 12 month low of $27.60 and a 12 month high of $38.54.
PLDT (NYSE:PHI) last released its quarterly earnings data on Thursday, November 9th. The technology company reported $0.53 earnings per share (EPS) for the quarter. PLDT had a net margin of 16.32% and a return on equity of 25.56%. research analysts predict that PLDT will post 2.5 earnings per share for the current year.
PLDT Company Profile
PLDT, Inc, formerly Philippine Long Distance Telephone Company (PLDT), is a telecommunications service provider in the Philippines. The Company operates through three business segments: Wireless, Fixed Line and Others. The Company, through its business segments, offers a range of telecommunications services across the Philippines’ fiber optic backbone and wireless and fixed line networks.
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