Lake Street Initiates Coverage of ACCESS Newswire (ACCS) with Buy Recommendation
Coverage Initiation and Price Target: Lake Street has initiated coverage of ACCESS Newswire (NYSEAM:ACCS) with a Buy recommendation, projecting an average one-year price target of $13.26/share, indicating a potential upside of 54.64% from its current price of $8.58/share.
Institutional Ownership Trends: There has been a 4.88% increase in the number of funds reporting positions in ACCESS Newswire, with total institutional shares owned rising by 96.35% to 1,461K shares over the last three months.
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ACCESS Newswire Inc. (ACCS) Surpasses Q3 Earnings and Revenue Projections
Earnings Performance: ACCESS Newswire Inc. reported quarterly earnings of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.15, marking a 33.33% earnings surprise. However, the company has only surpassed consensus EPS estimates once in the last four quarters.
Revenue Insights: The company generated revenues of $5.72 million for the quarter, slightly above the Zacks Consensus Estimate but down from $6.95 million a year ago. ACCESS has also topped revenue estimates just once in the past four quarters.
Stock Outlook: ACCESS Newswire's stock has underperformed the market with a 0.5% decline since the start of the year, compared to the S&P 500's 16.2% gain. The stock currently holds a Zacks Rank #3 (Hold), indicating expected performance in line with the market.
Industry Context: The Media Conglomerates industry, to which ACCESS belongs, is ranked in the bottom 39% of Zacks industries, suggesting potential challenges ahead. Investors are advised to monitor earnings estimate revisions and industry outlooks for better stock performance insights.
Earnings Report Ahead of Market Opening for November 11, 2025: SE, AU, PVLA, DAVA, BWAY, CRNT, PODC, ACCS, WKHS
Earnings Reports Overview: Several companies, including Sea Limited, AngloGold Ashanti, and Palvella Therapeutics, are set to report earnings on November 11, 2025, with varying forecasts indicating significant year-over-year growth for some.
Sea Limited Performance: Sea Limited is expected to report earnings per share of $0.75, reflecting a 212.50% increase from the previous year, with a Price to Earnings ratio of 54.92, indicating strong growth potential compared to industry peers.
AngloGold Ashanti and Brainsway: AngloGold Ashanti anticipates earnings of $1.34 per share (up 139.29%), while Brainsway forecasts $0.11 per share (up 175.00%), both suggesting higher growth than their respective industry averages.
Mixed Results for Other Companies: Companies like Ceragon Networks and Workhorse Group are expected to report lower earnings per share compared to last year, while PodcastOne and ACCESS Newswire show modest increases, highlighting a diverse earnings landscape.
