Hardinge (HDNG) Earning Somewhat Positive Media Coverage, Analysis Finds

News articles about Hardinge (NASDAQ:HDNG) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hardinge earned a news impact score of 0.09 on Accern’s scale. Accern also assigned media headlines about the industrial products company an impact score of 46.1966186075768 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Hardinge stock remained flat at $$18.34 on Wednesday. The company had a trading volume of 23,782 shares, compared to its average volume of 115,049. Hardinge has a 12-month low of $9.97 and a 12-month high of $19.47. The firm has a market capitalization of $237.55, a P/E ratio of 21.55 and a beta of 0.85.

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Hardinge (NASDAQ:HDNG) last announced its quarterly earnings results on Thursday, February 15th. The industrial products company reported $0.33 earnings per share (EPS) for the quarter. The company had revenue of $90.18 million during the quarter. Hardinge had a return on equity of 6.50% and a net margin of 1.84%.

Separately, ValuEngine raised Hardinge from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

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Hardinge Company Profile

Hardinge Inc, together with its subsidiaries, designs, manufactures, and distributes machine tools in North America, Europe, and Asia. The company operates through two segments, Metalcutting Machine Solutions, and Aftermarket Tooling and Accessories. It offers computer controlled metalcutting turning machines, grinding machines, machining centers, collets, chucks, index fixtures, repair parts for machines, and other industrial products, as well as engineers and supplies high precision, standard, and specialty workholding devices, and other machine tool accessories.

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