Somewhat Positive News Coverage Somewhat Unlikely to Impact Orbital ATK (OA) Share Price
Press coverage about Orbital ATK (NYSE:OA) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orbital ATK earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave news stories about the aerospace company an impact score of 45.3931021580585 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Critical Contrast: Orbital ATK (OA) versus Its Rivals (americanbankingnews.com)
- Head to Head Contrast: Orbital ATK (OA) versus Its Peers (americanbankingnews.com)
- Comparing Orbital ATK (OA) & Its Peers (americanbankingnews.com)
- Free Post Earnings Research Report: Orbital’s Revenue Advanced 16.6%; Non-GAAP EPS Soared 52.2% (finance.yahoo.com)
- Comparing Orbital ATK (OA) and Its Peers (americanbankingnews.com)
Orbital ATK (NYSE OA) traded up $0.26 during trading hours on Friday, hitting $131.91. 1,409,761 shares of the stock traded hands, compared to its average volume of 560,004. The company has a current ratio of 1.87, a quick ratio of 1.66 and a debt-to-equity ratio of 0.66. The company has a market capitalization of $7,609.36, a P/E ratio of 22.74, a PEG ratio of 2.35 and a beta of -0.24. Orbital ATK has a one year low of $85.51 and a one year high of $134.59.
Orbital ATK (NYSE:OA) last posted its earnings results on Thursday, November 2nd. The aerospace company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.56 by $0.19. The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.15 billion. Orbital ATK had a net margin of 6.62% and a return on equity of 17.32%. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.15 earnings per share. equities research analysts predict that Orbital ATK will post 6.23 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Thursday, November 16th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a dividend yield of 0.97%. The ex-dividend date of this dividend was Wednesday, November 15th. Orbital ATK’s payout ratio is presently 23.79%.
Several brokerages have recently weighed in on OA. Credit Suisse Group lowered shares of Orbital ATK from an “outperform” rating to a “neutral” rating in a report on Wednesday, November 8th. Zacks Investment Research lowered shares of Orbital ATK from a “buy” rating to a “hold” rating in a report on Monday, October 16th. Stifel Nicolaus reiterated a “buy” rating on shares of Orbital ATK in a report on Thursday, September 21st. ValuEngine lowered shares of Orbital ATK from a “buy” rating to a “hold” rating in a report on Monday, October 2nd. Finally, SunTrust Banks lowered shares of Orbital ATK from a “buy” rating to a “hold” rating and set a $106.00 price objective on the stock. in a report on Tuesday, September 19th. Ten investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Orbital ATK presently has an average rating of “Hold” and a consensus price target of $123.56.
Orbital ATK Company Profile
Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.
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