IEC Electronics Corp (IEC) Receiving Somewhat Positive Media Coverage, Accern Reports

Media headlines about IEC Electronics Corp (NYSE:IEC) have trended somewhat positive this week, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. IEC Electronics Corp earned a daily sentiment score of 0.13 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.8852884416894 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:

• Berenberg Bank Believes Eli Lilly & Co (NYSE: LLY) Won’t Stop Here (emfizz.com)
• Eli Lilly And Company (NYSE:LLY) Reviewed By Analysts (eleganthomesinla.com)
• Abbrea Capital LLC Purchases Shares of 2403 Eli Lilly and Company (LLY) (naijaoversabi.com)
• Brokers Offer Predictions for Eli Lilly and Company’s FY2017 Earnings (LLY) (badhub.net)
• IEC Electronics : Will Host Conference Call to Discuss Fiscal 2017 Third Quarter Financial Results (4-traders.com)

Shares of IEC Electronics Corp (NYSE:IEC) opened at 3.96 on Thursday. The stock has a market capitalization of $40.85 million and a price-to-earnings ratio of 127.74. The company has a 50 day moving average of $3.75 and a 200 day moving average of $3.70. IEC Electronics Corp has a 52-week low of $3.21 and a 52-week high of $5.64.

IEC Electronics Corp (NYSE:IEC) last released its quarterly earnings results on Wednesday, May 10th. The technology company reported ($0.06) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.05) by $0.01. IEC Electronics Corp had a negative net margin of 2.88% and a negative return on equity of 19.12%. The company had revenue of $21.37 million during the quarter, compared to analyst estimates of $22 million.

IEC has been the topic of several recent research reports. Noble Financial reiterated a “buy” rating on shares of IEC Electronics Corp in a research report on Saturday, May 13th. Zacks Investment Research upgraded shares of IEC Electronics Corp from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research report on Tuesday, July 18th. Finally, TheStreet lowered shares of IEC Electronics Corp from a “c” rating to a “d+” rating in a research report on Monday, June 12th.

TRADEMARK VIOLATION WARNING: “[[title]]” was first reported by [[site]] and is the property of of [[site]]. If you are viewing this report on another publication, it was illegally copied and republished in violation of US and international copyright & trademark law. The correct version of this report can be accessed at [[permalink]].

About IEC Electronics Corp

IEC Electronics Corp. provides electronic manufacturing services (EMS) to a range of technology companies that produce life-saving and mission critical products for the medical, industrial, aerospace and defense sectors. The Company specializes in delivering technical solutions for the custom manufacture of full system assemblies by providing on-site analytical testing laboratories, custom design and test engineering services combined with an array of manufacturing services encompassing electronics, interconnect solutions and precision metalworking.