Blue Buffalo Pet Products (BUFF) Earning Somewhat Positive News Coverage, Analysis Finds

Media stories about Blue Buffalo Pet Products (NASDAQ:BUFF) 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. Blue Buffalo Pet Products earned a media sentiment score of 0.15 on Alpha One’s scale. Alpha One also assigned news headlines about the company 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.

Here are some of the headlines that may have effected AlphaOne Sentiment Analysis’s rankings:

Insider Buying and Selling by Quarter for Blue Buffalo Pet Products (NASDAQ:BUFF)

Shares of Blue Buffalo Pet Products (BUFF) traded up 0.92% during trading on Friday, reaching $24.07. The company had a trading volume of 1,235,122 shares. The firm has a 50-day moving average price of $23.98 and a 200-day moving average price of $24.21. The company has a market capitalization of $4.74 billion, a P/E ratio of 35.40 and a beta of 1.97. Blue Buffalo Pet Products has a 52-week low of $21.60 and a 52-week high of $27.50.

Blue Buffalo Pet Products (NASDAQ:BUFF) last issued its quarterly earnings data on Tuesday, May 9th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. Blue Buffalo Pet Products had a return on equity of 122.62% and a net margin of 11.69%. The firm had revenue of $302 million during the quarter, compared to analyst estimates of $300.27 million. During the same quarter last year, the firm earned $0.19 EPS. Blue Buffalo Pet Products’s quarterly revenue was up 7.9% on a year-over-year basis. On average, analysts predict that Blue Buffalo Pet Products will post $0.92 EPS for the current fiscal year.

A number of equities analysts have recently commented on BUFF shares. Susquehanna Bancshares Inc set a $32.00 price objective on Blue Buffalo Pet Products and gave the stock a “buy” rating in a research report on Thursday, May 25th. Zacks Investment Research raised Blue Buffalo Pet Products from a “hold” rating to a “buy” rating and set a $27.00 price objective for the company in a research report on Friday, March 3rd. Morgan Stanley downgraded Blue Buffalo Pet Products from an “overweight” rating to an “equal weight” rating and set a $26.00 price objective for the company. in a research report on Friday, March 17th. Finally, Citigroup Inc. raised Blue Buffalo Pet Products from a “buy” rating to a “top pick” rating in a research report on Tuesday, April 18th. Four analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $29.11.

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About Blue Buffalo Pet Products

Blue Buffalo Pet Products, Inc (BBPP) is a holding company. The Company operates as a pet food company. The Company, through its subsidiaries, develops, produces, markets and sells pet food under product lines, including BLUE Life Protection Formula, BLUE Wilderness, BLUE Basics, BLUE Freedom and BLUE Natural Veterinary Diet lines.

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