Inventure Foods (SNAK) Getting Somewhat Favorable News Coverage, Study Finds

Media headlines about Inventure Foods (NASDAQ:SNAK) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Inventure Foods earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 44.3745463033423 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Inventure Foods (NASDAQ:SNAK) remained flat at $$4.00 during midday trading on Friday. Inventure Foods has a 52-week low of $2.96 and a 52-week high of $10.15. The company has a market cap of $79.31, a PE ratio of -2.07 and a beta of 0.93.

Inventure Foods (NASDAQ:SNAK) last released its quarterly earnings data on Tuesday, November 7th. The company reported ($0.24) earnings per share (EPS) for the quarter. The firm had revenue of $27.43 million for the quarter, compared to analysts’ expectations of $52.10 million. During the same quarter in the previous year, the company posted ($0.13) EPS. The business’s quarterly revenue was down 4.1% on a year-over-year basis. analysts predict that Inventure Foods will post -0.13 EPS for the current year.

SNAK has been the topic of a number of recent research reports. ValuEngine upgraded shares of Inventure Foods from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. William Blair reiterated a “market perform” rating on shares of Inventure Foods in a research note on Wednesday, November 1st.

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Inventure Foods Company Profile

Inventure Foods, Inc is a marketer and manufacturer of healthy/natural and indulgent specialty snack food brands. The Company operates in the snack products segment. The snack products segment produces potato chips, kettle chips, potato crisps, potato skins, pellet snacks, sheeted dough products and extruded products for sale primarily to snack food distributors and retailers.

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