Somewhat Positive Media Coverage Somewhat Unlikely to Affect GCP Applied Technologies (GCP) Share Price
Press coverage about GCP Applied Technologies (NYSE:GCP) has been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. GCP Applied Technologies earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 46.5324436461264 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- KeyCorp Reiterates “Buy” Rating for GCP Applied Technologies Inc. (GCP) (americanbankingnews.com)
- GCP Applied Technologies Inc. (GCP) Announces Earnings Results (americanbankingnews.com)
- Global Below-Grade Waterproofing Market 2017-2022 – Research and Markets (businesswire.com)
- Global $1.87 Bn Below-Grade Waterproofing Market, 2022 – Key Vendors are GCP … (globenewswire.com)
- Edited Transcript of GCP earnings conference call or presentation 2-Nov-17 2:00pm GMT (finance.yahoo.com)
Several equities analysts have commented on the company. Zacks Investment Research downgraded GCP Applied Technologies from a “buy” rating to a “hold” rating in a research report on Monday, October 16th. Cowen and Company assumed coverage on GCP Applied Technologies in a research report on Monday, October 30th. They issued a “market perform” rating and a $31.00 price objective on the stock. Finally, KeyCorp reaffirmed a “buy” rating and issued a $34.00 price objective on shares of GCP Applied Technologies in a research report on Friday. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $34.33.
Shares of GCP Applied Technologies (GCP) traded up $0.90 during trading on Friday, reaching $29.55. The company’s stock had a trading volume of 488,511 shares, compared to its average volume of 525,699. The company has a market cap of $2,116.05, a P/E ratio of 43.46 and a beta of 0.88. The company has a quick ratio of 1.16, a current ratio of 1.39 and a debt-to-equity ratio of -5.83. GCP Applied Technologies has a 12 month low of $25.25 and a 12 month high of $34.22.
GCP Applied Technologies (NYSE:GCP) last posted its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. GCP Applied Technologies had a negative return on equity of 36.75% and a net margin of 56.84%. The business had revenue of $282.40 million for the quarter, compared to the consensus estimate of $279.05 million. During the same quarter in the prior year, the company earned $0.21 EPS. The business’s revenue was up 7.2% compared to the same quarter last year. equities analysts anticipate that GCP Applied Technologies will post 0.61 EPS for the current year.
GCP Applied Technologies Company Profile
GCP Applied Technologies Inc produces and sells specialty construction chemicals, specialty building materials, and packaging sealants and coatings. The Company operates through two segments: Specialty Construction Chemicals and Specialty Building Materials. The Specialty Construction Chemicals segment manufactures and markets products to manage performance of Portland cement, and materials based on Portland cement, such as concrete admixtures and cement additives, as well as concrete production management systems.
Receive News & Ratings for GCP Applied Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GCP Applied Technologies Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.