Media stories about Orbital ATK (NYSE:OA) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Orbital ATK earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 45.4421852983066 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Soyuz MS-08 trio set for 2-day flight to ISS – SpaceFlight Insider (spaceflightinsider.com)
- Orbital ATK (OA) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Orbital ATK (OA) VP Thomas E. Mccabe Sells 1,540 Shares (americanbankingnews.com)
- Head-To-Head Survey: Embraer (ERJ) versus Orbital ATK (OA) (americanbankingnews.com)
- Fort Worth company gets $86M for work with Afghan Air Force (bizjournals.com)
Several brokerages have recently weighed in on OA. Zacks Investment Research upgraded Orbital ATK from a “hold” rating to a “buy” rating and set a $148.00 price target for the company in a research report on Tuesday, January 16th. FIG Partners upgraded Orbital ATK to a “market perform” rating in a research report on Wednesday, January 24th. ValuEngine upgraded Orbital ATK from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. TheStreet cut Orbital ATK from a “b” rating to a “c” rating in a research report on Wednesday, December 27th. Finally, Cowen reiterated a “hold” rating and issued a $134.50 price target on shares of Orbital ATK in a research report on Wednesday, November 22nd. Ten research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Orbital ATK presently has an average rating of “Hold” and an average target price of $126.21.
Orbital ATK (NYSE:OA) last posted its earnings results on Thursday, February 22nd. The aerospace company reported $1.77 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.79 by ($0.02). Orbital ATK had a return on equity of 18.32% and a net margin of 6.50%. The business had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.26 billion. During the same quarter in the previous year, the firm earned $1.26 earnings per share. Orbital ATK’s quarterly revenue was up 6.0% compared to the same quarter last year. equities research analysts predict that Orbital ATK will post 6.73 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Investors of record on Monday, February 12th were given a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Friday, February 9th. Orbital ATK’s payout ratio is 23.88%.
In other Orbital ATK news, Director Harrison H. Schmitt sold 1,500 shares of Orbital ATK stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $131.60, for a total transaction of $197,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Thomas E. Mccabe sold 248 shares of Orbital ATK stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $132.49, for a total value of $32,857.52. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,288 shares of company stock valued at $433,230. 1.20% of the stock is owned by company insiders.
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Orbital ATK Company Profile
Orbital ATK, Inc develops and produces aerospace and defense related products to the U.S. Government, allied nations, prime contractors, and other customers in the United States and internationally. It operates through three segments: Flight Systems Group, Defense Systems Group, and Space Systems Group.
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