Hollysys Automation Technologies (HOLI) Earns Daily Media Impact Rating of 0.69
Media headlines about Hollysys Automation Technologies (NASDAQ:HOLI) have been trending very positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hollysys Automation Technologies earned a news impact score of 0.69 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the near term.
Several brokerages have issued reports on HOLI. BidaskClub upgraded shares of Hollysys Automation Technologies from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 10th. ValuEngine lowered shares of Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Zacks Investment Research lowered shares of Hollysys Automation Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 16th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. Hollysys Automation Technologies currently has a consensus rating of “Hold” and a consensus price target of $21.83.
Shares of Hollysys Automation Technologies (NASDAQ HOLI) opened at 17.02 on Friday. The stock has a 50 day moving average of $16.43 and a 200-day moving average of $17.22. Hollysys Automation Technologies has a one year low of $15.08 and a one year high of $23.55. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 12.76 and a beta of 1.43.
Hollysys Automation Technologies (NASDAQ:HOLI) last posted its earnings results on Thursday, May 11th. The industrial products company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.28 by $0.06. Hollysys Automation Technologies had a net margin of 18.27% and a return on equity of 11.65%. The business had revenue of $91.30 million during the quarter, compared to analysts’ expectations of $99.35 million. Hollysys Automation Technologies’s revenue was down 23.1% compared to the same quarter last year. On average, equities analysts expect that Hollysys Automation Technologies will post $1.40 earnings per share for the current year.
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About Hollysys Automation Technologies
Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.
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