Marin Software (MRIN) Earning Somewhat Favorable Media Coverage, Analysis Shows
Media stories about Marin Software (NYSE:MRIN) have been trending somewhat positive this week, Alpha One reports. Alpha One, a service of Accern, scores the sentiment of press coverage by analyzing more than twenty million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Marin Software earned a media sentiment score of 0.05 on Alpha One’s scale. Alpha One also assigned news headlines about the software maker an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.
A number of analysts have issued reports on MRIN shares. Zacks Investment Research lowered shares of Marin Software from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 11th. Stifel Nicolaus cut their price target on shares of Marin Software from $2.50 to $2.00 and set a “hold” rating on the stock in a research note on Wednesday, March 1st.
Shares of Marin Software (NYSE:MRIN) traded down 2.78% during mid-day trading on Friday, reaching $1.75. 39,866 shares of the company’s stock were exchanged. Marin Software has a 52 week low of $1.45 and a 52 week high of $3.07. The stock’s market cap is $68.69 million. The stock has a 50 day moving average price of $1.75 and a 200 day moving average price of $2.18.
Marin Software (NYSE:MRIN) last posted its quarterly earnings data on Tuesday, February 28th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.05. Marin Software had a negative return on equity of 13.79% and a negative net margin of 13.23%. The company had revenue of $22.92 million for the quarter, compared to the consensus estimate of $22 million. During the same period in the previous year, the business earned $0.04 EPS. Marin Software’s revenue for the quarter was down 21.0% compared to the same quarter last year. Equities research analysts predict that Marin Software will post ($0.33) EPS for the current year.
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Marin Software Company Profile
Marin Software Incorporated provides a cross-channel, cross-device, enterprise marketing software platform for search, display and social advertising channels. The Company’s enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies.
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