Somewhat Positive Press Coverage Somewhat Unlikely to Affect Calgon Carbon Corporation (CCC) Share Price
Media headlines about Calgon Carbon Corporation (NYSE:CCC) have trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Calgon Carbon Corporation earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the industrial products company an impact score of 47.0118960766251 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Calgon Carbon Corporation Target of Unusually High Options Trading (CCC) (americanbankingnews.com)
- Stull, Stull & Brody Notifies Investors of a Complaint Filed in Connection with the Merger of Calgon Carbon Corporation (NYSE:CCC) and Kuraray Co., Ltd. (finance.yahoo.com)
- Chemours Company (The) (CC) and Calgon Carbon Corporation (CCC) Head to Head Contrast (americanbankingnews.com)
- Calgon Carbon Corporation : Monteverde & Associates PC Announces An Investigation Of Calgon Carbon Corporation – CCC (4-traders.com)
- Calgon Carbon : to Issue Third Quarter 2017 Financial Results on November 6 (4-traders.com)
A number of research firms have recently weighed in on CCC. Zacks Investment Research lowered Calgon Carbon Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Robert W. Baird lowered Calgon Carbon Corporation from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 26th. Sidoti lowered Calgon Carbon Corporation from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $22.00 to $20.00 in a research note on Monday, September 25th. Janney Montgomery Scott lowered Calgon Carbon Corporation from a “neutral” rating to a “sell” rating and set a $21.50 price objective for the company. in a research note on Thursday, September 21st. Finally, BidaskClub lowered Calgon Carbon Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the stock. Calgon Carbon Corporation has an average rating of “Hold” and a consensus price target of $19.63.
Calgon Carbon Corporation (NYSE:CCC) traded down $0.25 during trading hours on Friday, hitting $21.55. The stock had a trading volume of 451,171 shares, compared to its average volume of 1,238,772. Calgon Carbon Corporation has a 52-week low of $12.00 and a 52-week high of $22.10. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.59 and a current ratio of 2.87. The stock has a market capitalization of $1,094.98, a price-to-earnings ratio of 51.31 and a beta of 1.20.
Calgon Carbon Corporation (NYSE:CCC) last posted its earnings results on Friday, August 4th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.14. Calgon Carbon Corporation had a return on equity of 5.46% and a net margin of 1.27%. The firm had revenue of $153.00 million for the quarter, compared to analyst estimates of $151.18 million. During the same quarter in the prior year, the company earned $0.15 EPS. Calgon Carbon Corporation’s revenue was up 15.4% on a year-over-year basis. equities research analysts forecast that Calgon Carbon Corporation will post 0.5 EPS for the current fiscal year.
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About Calgon Carbon Corporation
Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.
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