AVX Corporation (AVX) Given Coverage Optimism Rating of 0.18
Media stories about AVX Corporation (NYSE:AVX) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. AVX Corporation earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned news articles about the electronics maker an impact score of 46.0729614958155 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Microwave Oven (Pulse) Capacitor Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2021 (gmoutlook.com)
- TT Electronics sells AB Elektronik automotive sensor business in £120m deal (electronicsweekly.com)
- FORMAL RETRACTION: AVX Received A 2017 Bosch Global Supplier Award (finance.yahoo.com)
- AVX Corporation (AVX) Declares $0.11 Quarterly Dividend (americanbankingnews.com)
- 10-Q: INTEGER HOLDINGS CORP (marketwatch.com)
Several brokerages recently issued reports on AVX. Stifel Nicolaus boosted their price target on AVX Corporation from $15.00 to $16.00 and gave the company a “hold” rating in a research report on Monday, May 1st. BidaskClub upgraded AVX Corporation from a “sell” rating to a “hold” rating in a research report on Thursday. Finally, Zacks Investment Research upgraded AVX Corporation from a “hold” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Thursday, April 13th.
Shares of AVX Corporation (AVX) traded up 0.92% during trading on Friday, reaching $17.61. The company had a trading volume of 91,457 shares. The stock has a market capitalization of $2.96 billion, a price-to-earnings ratio of 23.48 and a beta of 0.81. The stock has a 50 day moving average of $16.87 and a 200 day moving average of $16.42. AVX Corporation has a 52-week low of $13.08 and a 52-week high of $18.44.
AVX Corporation (NYSE:AVX) last released its quarterly earnings data on Wednesday, July 26th. The electronics maker reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $331.35 million for the quarter, compared to analyst estimates of $328 million. AVX Corporation had a net margin of 9.46% and a return on equity of 5.72%. AVX Corporation’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.19 earnings per share. Equities research analysts forecast that AVX Corporation will post $0.76 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 1st. Investors of record on Wednesday, August 16th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Monday, August 14th. This represents a $0.44 annualized dividend and a yield of 2.50%. AVX Corporation’s dividend payout ratio (DPR) is 58.67%.
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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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