Novartis (NYSE:NVS) Receives Daily News Sentiment Rating of -2.83

Press coverage about Novartis (NYSE:NVS) has trended negative recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Novartis earned a coverage optimism score of -2.83 on their scale. InfoTrie also gave media stories about the company an news buzz score of 0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the news headlines that may have impacted Novartis’ score:

Shares of NVS stock traded down $2.50 during trading on Friday, hitting $87.10. 1,876,877 shares of the company were exchanged, compared to its average volume of 1,934,168. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.53 and a current ratio of 0.74. The firm has a market capitalization of $205.07 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 1.97 and a beta of 0.51. The business’s 50-day simple moving average is $86.35 and its 200 day simple moving average is $88.72. Novartis has a twelve month low of $69.18 and a twelve month high of $99.84.

Novartis (NYSE:NVS) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $1.56 EPS for the quarter, topping the consensus estimate of $1.37 by $0.19. The business had revenue of $12.28 billion during the quarter, compared to analysts’ expectations of $11.92 billion. Novartis had a net margin of 24.97% and a return on equity of 24.39%. The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same period last year, the company posted $1.21 earnings per share. On average, equities analysts forecast that Novartis will post 5.65 earnings per share for the current fiscal year.

Several research analysts have commented on NVS shares. UBS Group reiterated a “neutral” rating on shares of Novartis in a report on Monday, May 11th. ValuEngine cut shares of Novartis from a “hold” rating to a “sell” rating in a report on Friday, June 5th. Barclays reiterated an “underweight” rating on shares of Novartis in a report on Wednesday, April 29th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Novartis in a report on Wednesday, April 29th. Finally, Goldman Sachs Group reiterated a “buy” rating and issued a $116.00 target price on shares of Novartis in a report on Friday, April 3rd. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $105.25.

Novartis Company Profile

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company's Innovative Medicines segment offers patented prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology and dermatology, respiratory, cardio-metabolic, and established medicine products.

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