Media stories about AVX Corporation (NYSE:AVX) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AVX Corporation earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news coverage about the electronics maker an impact score of 45.4762747876433 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of AVX Corporation (NYSE:AVX) opened at 16.87 on Thursday. AVX Corporation has a 12-month low of $13.08 and a 12-month high of $18.44. The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of 22.20 and a beta of 0.81. The stock’s 50 day moving average is $17.28 and its 200-day moving average is $16.55.
AVX Corporation (NYSE:AVX) last announced its earnings results on Wednesday, July 26th. The electronics maker reported $0.19 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.19. The company had revenue of $331.35 million during the quarter, compared to analyst estimates of $328 million. AVX Corporation had a net margin of 9.46% and a return on equity of 5.69%. AVX Corporation’s revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.19 earnings per share. On average, analysts expect that AVX Corporation will post $0.76 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Wednesday, August 16th will be paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 2.61%. The ex-dividend date of this dividend is Monday, August 14th. AVX Corporation’s dividend payout ratio (DPR) is presently 58.67%.
Several research firms have issued reports on AVX. Stifel Nicolaus restated a “hold” rating and set a $17.00 price target on shares of AVX Corporation in a research report on Friday, July 28th. Zacks Investment Research upgraded shares of AVX Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, June 28th. Finally, BidaskClub lowered shares of AVX Corporation from a “hold” rating to a “sell” rating in a report on Saturday, August 12th.
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AVX Corporation Company Profile
AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three segments: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists of surface mount and leaded ceramic capacitors, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, thick and thin film packages of multiple passive integrated components, thermistors, inductors and resistive products.
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