Points International (PCOM) Receiving Somewhat Positive News Coverage, Analysis Shows

News headlines about Points International (NASDAQ:PCOM) (TSE:PTS) have been trending somewhat positive on Tuesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing 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 nearest to one being the most favorable. Points International earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news articles about the information services provider an impact score of 46.1042416133799 out of 100, indicating that recent media 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 rankings:

Shares of Points International (NASDAQ:PCOM) traded up 1.74% on Tuesday, hitting $10.54. The stock had a trading volume of 26,834 shares. Points International has a one year low of $6.28 and a one year high of $10.79. The firm’s 50 day moving average is $8.96 and its 200-day moving average is $8.68. The stock’s market capitalization is $155.74 million.

Points International (NASDAQ:PCOM) (TSE:PTS) last released its earnings results on Wednesday, August 9th. The information services provider reported $0.05 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.05. The business had revenue of $85.77 million for the quarter, compared to the consensus estimate of $79.84 million. Points International had a positive return on equity of 7.56% and a negative net margin of 0.53%. Equities research analysts expect that Points International will post $0.26 earnings per share for the current fiscal year.

Points International announced that its board has initiated a share repurchase plan on Wednesday, August 9th that authorizes the company to repurchase 740,000 outstanding shares. This repurchase authorization authorizes the information services provider to buy shares of its stock through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Several research analysts have weighed in on PCOM shares. Zacks Investment Research lowered Points International from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. ValuEngine raised Points International from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. B. Riley reaffirmed a “buy” rating and issued a $12.00 target price on shares of Points International in a research report on Monday, August 14th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating and issued a $15.00 target price on shares of Points International in a research report on Friday, August 11th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $13.00.

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About Points International

Points International Ltd. (Points) provides a range of e-commerce and technology services to loyalty program operators using a common infrastructure. These services include a range of white label or private branded e-commerce services (Loyalty Currency Services) that enable the sale of loyalty currencies (such as frequent flyer miles, hotel points and credit card points), both retail and wholesale, and support the loyalty program consumer offerings and their back end operations.

Insider Buying and Selling by Quarter for Points International (NASDAQ:PCOM)

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