Somewhat Positive Media Coverage Somewhat Unlikely to Affect Sparton Corporation (SPA) Stock Price
News coverage about Sparton Corporation (NYSE:SPA) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Sparton Corporation earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the electronics maker an impact score of 45.7008840495334 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- ERAPSCO awarded $219M contract for underwater sonobuoys (upi.com)
- Ultra Electronics joint venture awarded $220m US Navy option (digitallook.com)
- Rugged Display Market Report 2017, Trends, Analysis, Share, Estimates and Forecasts to 2022. (mynewsdesk.com)
- Sparton Releases Inertial Navigation System with Integrated SAASM GPS (finance.yahoo.com)
- Sparton shareholders approve merger with Ultra Electronics (dailyherald.com)
Separately, TheStreet upgraded Sparton Corporation from a “d+” rating to a “c-” rating in a research note on Tuesday, July 25th.
Shares of Sparton Corporation (NYSE:SPA) opened at 23.24 on Friday. The stock’s 50 day moving average price is $23.22 and its 200-day moving average price is $21.52. Sparton Corporation has a 52 week low of $16.83 and a 52 week high of $25.38. The stock has a market cap of $228.54 million, a price-to-earnings ratio of 178.77 and a beta of 1.28.
Sparton Corporation (NYSE:SPA) last posted its quarterly earnings results on Thursday, September 14th. The electronics maker reported $0.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.14. The company had revenue of $104.39 million for the quarter. Sparton Corporation had a return on equity of 11.18% and a net margin of 0.33%. Equities analysts anticipate that Sparton Corporation will post $0.78 earnings per share for the current fiscal year.
WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Sparton Corporation (SPA) Stock Price” was originally reported by Watch List News and is owned by of Watch List News. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.watchlistnews.com/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-sparton-corporation-spa-stock-price/1627876.html.
Sparton Corporation Company Profile
Sparton Corporation is a provider of design, development and manufacturing services for electromechanical devices, as well as engineered products complementary to the same electromechanical value stream. The Company operates through two segments: Manufacturing & Design Services (MDS) and Engineered Components & Products (ECP).
Receive News & Ratings for Sparton Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sparton Corporation and related companies with Analyst Ratings Network's FREE daily email newsletter.