Energous Corp (WATT) Receives Daily News Impact Score of -0.04

Media coverage about Energous Corp (NASDAQ:WATT) has been trending somewhat negative on Saturday, according to Alpha One Sentiment Analysis. Alpha One, a division of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Energous Corp earned a coverage optimism score of -0.04 on Alpha One’s scale. Alpha One also gave press coverage about the industrial products company an impact score of 50 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the near term.

Here are some of the news stories that may have effected AlphaOne’s rankings:

Energous Corp (NASDAQ:WATT) last announced its quarterly earnings data on Wednesday, May 10th. The industrial products company reported ($0.61) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.56) by $0.05. The firm had revenue of $0.58 million for the quarter, compared to analysts’ expectations of $0.50 million.

WATT has been the topic of a number of analyst reports. Oppenheimer Holdings Inc. reissued a “market perform” rating on shares of Energous Corp in a report on Tuesday, January 24th. CIBC reissued a “market perform” rating on shares of Energous Corp in a report on Tuesday, January 24th. Zacks Investment Research cut shares of Energous Corp from a “hold” rating to a “sell” rating in a report on Friday, January 27th. Ladenburg Thalmann Financial Services set a $18.00 target price on shares of Energous Corp and gave the company a “buy” rating in a report on Thursday, March 9th. Finally, Roth Capital set a $23.00 price target on shares of Energous Corp and gave the stock a “buy” rating in a report on Thursday, May 11th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Energous Corp currently has an average rating of “Hold” and an average price target of $19.00.

TRADEMARK VIOLATION WARNING: “Energous Corp (WATT) Receives Daily News Impact Score of -0.04” was originally posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are reading this story on another domain, it was illegally copied and republished in violation of international copyright and trademark laws. The legal version of this story can be viewed at https://www.chaffeybreeze.com/2017/05/20/energous-corp-watt-receives-daily-media-sentiment-rating-of-0-04-updated.html.

In other news, VP Cesar Johnston sold 37,000 shares of the firm’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $15.88, for a total transaction of $587,560.00. Following the sale, the vice president now directly owns 98,133 shares in the company, valued at approximately $1,558,352.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 6.20% of the stock is owned by company insiders.

Energous Corp Company Profile

Energous Corporation is engaged in developing a technology called WattUp that consists of semiconductor chipsets, software, hardware designs and antennas that can enable radio frequency (RF)-based wire-free charging for electronic devices, providing power at a distance and enabling charging with mobility under software control.

12 Month Chart for NASDAQ:WATT

Receive News & Ratings for Energous Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Energous Corp and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply