News coverage about Hardinge (NASDAQ:HDNG) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hardinge earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 45.3198930112811 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Hardinge (HDNG) traded up 0.46% during midday trading on Thursday, reaching $15.38. The company had a trading volume of 4,184 shares. The stock has a market capitalization of $199.16 million, a PE ratio of 70.55 and a beta of 0.90. Hardinge has a 52-week low of $8.24 and a 52-week high of $15.80. The company’s 50 day moving average price is $14.59 and its 200 day moving average price is $12.75.

Hardinge (NASDAQ:HDNG) last issued its earnings results on Thursday, August 3rd. The industrial products company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.12. Hardinge had a return on equity of 4.61% and a net margin of 0.94%. The business had revenue of $78.20 million for the quarter. Equities research analysts expect that Hardinge will post $0.11 earnings per share for the current year.

A number of equities research analysts have recently weighed in on the company. ValuEngine lowered Hardinge from a “buy” rating to a “hold” rating in a research note on Tuesday, October 10th. TheStreet upgraded Hardinge from a “d+” rating to a “b” rating in a research note on Monday, August 21st.

COPYRIGHT VIOLATION NOTICE: “Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Hardinge (HDNG) Stock Price” was first posted by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece of content can be accessed at https://www.dailypolitical.com/2017/10/19/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-hardinge-hdng-stock-price.html.

In other news, Director Richard R. Burkhart purchased 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The shares were purchased at an average price of $13.50 per share, for a total transaction of $67,500.00. Following the purchase, the director now directly owns 15,660 shares of the company’s stock, valued at approximately $211,410. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Fund Lp Privet purchased 86,773 shares of the company’s stock in a transaction that occurred on Tuesday, August 8th. The shares were purchased at an average price of $14.39 per share, for a total transaction of $1,248,663.47. Following the purchase, the insider now directly owns 1,632 shares in the company, valued at $23,484.48. The disclosure for this purchase can be found here. Insiders have bought a total of 178,546 shares of company stock worth $2,564,576 in the last three months. Corporate insiders own 11.50% of the company’s stock.

Hardinge Company Profile

Hardinge Inc (Hardinge) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metalcutting machines and workholding technology solutions. The Company supplies high precision computer controlled metalcutting turning machines, grinding machines, machining centers and repair parts related to those machines.

Insider Buying and Selling by Quarter for Hardinge (NASDAQ:HDNG)

Receive News & Ratings for Hardinge Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hardinge Inc. and related companies with MarketBeat.com's FREE daily email newsletter.