InnerWorkings (NASDAQ:INWK) Receiving Somewhat Favorable News Coverage, Report Finds
News headlines about InnerWorkings (NASDAQ:INWK) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. InnerWorkings earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media headlines about the business services provider an impact score of 46.1114729204267 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media headlines that may have effected Accern’s analysis:
- Brokers Issue Forecasts for InnerWorkings, Inc.’s FY2018 Earnings (INWK) (americanbankingnews.com)
- Analysts Offer Predictions for InnerWorkings, Inc.’s Q1 2018 Earnings (INWK) (americanbankingnews.com)
- InnerWorkings (INWK) PT Lowered to $13.00 at Lake Street Capital (americanbankingnews.com)
- More on InnerWorkings’ Q4 results (seekingalpha.com)
- Short Interest in InnerWorkings, Inc. (INWK) Grows By 30.2% (americanbankingnews.com)
Shares of InnerWorkings (NASDAQ INWK) opened at $9.17 on Friday. The company has a current ratio of 1.86, a quick ratio of 1.63 and a debt-to-equity ratio of 0.51. InnerWorkings has a twelve month low of $8.19 and a twelve month high of $12.03. The company has a market capitalization of $493.59, a PE ratio of 22.24, a P/E/G ratio of 1.17 and a beta of 1.65.
A number of equities research analysts recently commented on the company. Zacks Investment Research downgraded InnerWorkings from a “hold” rating to a “sell” rating in a report on Thursday. Lake Street Capital reaffirmed a “buy” rating and set a $13.00 target price (down previously from $14.00) on shares of InnerWorkings in a report on Tuesday. Two equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $13.20.
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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