Headlines about Black Box Corporation (NASDAQ:BBOX) have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of news 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 one, with scores nearest to one being the most favorable. Black Box Corporation earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.21670639158 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Separately, Sidoti raised shares of Black Box Corporation from a “neutral” rating to a “buy” rating and set a $10.00 target price for the company in a research report on Tuesday, June 27th.
Shares of Black Box Corporation (NASDAQ BBOX) opened at 7.95 on Friday. The firm has a 50-day moving average of $8.10 and a 200 day moving average of $9.42. The company’s market capitalization is $118.96 million. Black Box Corporation has a 52-week low of $7.55 and a 52-week high of $17.05.
Black Box Corporation (NASDAQ:BBOX) last posted its quarterly earnings data on Tuesday, May 9th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ 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 company had revenue of $208.10 million for the quarter, compared to the consensus estimate of $207.44 million. During the same period last year, the company earned $0.14 earnings per share. The firm’s revenue was down 7.1% compared to the same quarter last year. On average, analysts anticipate that Black Box Corporation will post $0.23 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 14th. Stockholders of record on Friday, June 30th were issued a $0.12 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 6.04%. Black Box Corporation’s dividend payout ratio (DPR) is presently -104.35%.
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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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