Media stories about Black Box Corporation (NASDAQ:BBOX) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Black Box Corporation earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 46.21670639158 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Separately, Sidoti raised shares of Black Box Corporation from a “neutral” rating to a “buy” rating and set a $10.00 price target for the company in a report on Tuesday, June 27th.
Shares of Black Box Corporation (NASDAQ BBOX) opened at 7.90 on Monday. The stock has a 50 day moving average of $8.09 and a 200-day moving average of $9.21. Black Box Corporation has a 1-year low of $7.55 and a 1-year high of $17.05. The firm’s market cap is $118.22 million.
Black Box Corporation (NASDAQ:BBOX) last released its quarterly earnings results on Tuesday, May 9th. The technology company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. Black Box Corporation had a negative net margin of 0.83% and a positive return on equity of 7.74%. The firm had revenue of $208.10 million during the quarter, compared to the consensus estimate of $207.44 million. During the same quarter in the prior year, the firm earned $0.14 EPS. Black Box Corporation’s revenue for the quarter was down 7.1% on a year-over-year basis. Equities analysts anticipate that Black Box Corporation will post $0.23 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Friday, June 30th were given a $0.12 dividend. The ex-dividend date was Wednesday, June 28th. This represents a $0.48 annualized dividend and a yield of 6.08%. Black Box Corporation’s dividend payout ratio (DPR) is -104.35%.
About Black Box Corporation
Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.
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