Positive Press Coverage Somewhat Unlikely to Affect NL Industries (NYSE:NL) Share Price

News headlines about NL Industries (NYSE:NL) have been trending positive on Wednesday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NL Industries earned a news sentiment score of 0.38 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 45.8209777134709 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Several research analysts have recently commented on NL shares. Barclays PLC raised their price objective on shares of NL Industries from $3.00 to $6.00 and gave the company an “underweight” rating in a research note on Friday, April 7th. TheStreet raised shares of NL Industries from a “c” rating to a “b-” rating in a research note on Friday, April 7th. Finally, BidaskClub lowered shares of NL Industries from a “sell” rating to a “strong sell” rating in a research note on Friday, July 28th.

NL Industries (NL) opened at 7.70 on Wednesday. NL Industries has a 1-year low of $2.86 and a 1-year high of $10.90. The stock has a 50 day moving average of $7.44 and a 200 day moving average of $7.28. The stock has a market cap of $375.03 million, a price-to-earnings ratio of 14.47 and a beta of 2.68.

NL Industries (NYSE:NL) last issued its earnings results on Monday, May 8th. The basic materials company reported $0.17 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.17. NL Industries had a return on equity of 13.97% and a net margin of 23.55%. The business had revenue of $29.90 million during the quarter. Equities analysts expect that NL Industries will post $0.80 earnings per share for the current year.

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About NL Industries

NL Industries, Inc is a holding company. The Company operates in the component products industry through its subsidiary, CompX International Inc (CompX). The Company operates in the chemicals industry through its non-controlling interest in Kronos Worldwide, Inc (Kronos). The Company, through Compx, manufactures engineered components that are sold to a range of industries, including recreational transportation (including boats), postal, office and institutional furniture, cabinetry, tool storage, healthcare, gas stations and vending equipment.