Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Park-Ohio (PKOH) Share Price
News headlines about Park-Ohio (NASDAQ:PKOH) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Park-Ohio earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 45.0997600542818 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- FY2018 EPS Estimates for Park-Ohio Holdings Corp. (PKOH) Boosted by KeyCorp (americanbankingnews.com)
- Zacks: Brokerages Expect Park-Ohio Holdings Corp. (PKOH) Will Post Earnings of $0.81 Per Share (americanbankingnews.com)
- Research Report Identifies Del Taco Restaurants, Manhattan Associates, JELD-WEN Holding, National HealthCare, Park-Ohio, and First Defiance Financial with Renewed Outlook — Fundamental Analysis, Calculating Forward Movement (finance.yahoo.com)
- Comparing Park-Ohio (PKOH) and SPX (SPXC) (americanbankingnews.com)
Park-Ohio (NASDAQ PKOH) traded up $1.50 during mid-day trading on Monday, reaching $47.35. The company had a trading volume of 23,900 shares, compared to its average volume of 21,785. The firm has a market capitalization of $593.32, a P/E ratio of 20.06 and a beta of 3.47. Park-Ohio has a fifty-two week low of $34.25 and a fifty-two week high of $47.90. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.39 and a current ratio of 2.36.
A number of equities research analysts have recently weighed in on PKOH shares. Zacks Investment Research downgraded Park-Ohio from a “buy” rating to a “hold” rating in a report on Friday, November 10th. ValuEngine downgraded Park-Ohio from a “strong-buy” rating to a “buy” rating in a report on Thursday, November 9th. FBR & Co reissued a “hold” rating on shares of Park-Ohio in a report on Thursday, October 5th. BidaskClub downgraded Park-Ohio from a “buy” rating to a “hold” rating in a report on Thursday. Finally, B. Riley reissued a “neutral” rating on shares of Park-Ohio in a report on Wednesday, November 1st. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $42.00.
In other Park-Ohio news, Director Patrick W. Fogarty sold 13,500 shares of Park-Ohio stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $47.05, for a total value of $635,175.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Matthew V. Crawford sold 4,122 shares of Park-Ohio stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $44.38, for a total value of $182,934.36. Following the completion of the transaction, the chief operating officer now owns 997,433 shares in the company, valued at approximately $44,266,076.54. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,715 shares of company stock valued at $1,008,612. 31.00% of the stock is owned by insiders.
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Park-Ohio Holdings Corp. is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. The Company operates in three segments: Supply Technologies, Assembly Components and Engineered Products.
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