Delphi Technologies (DLPH) Earning Somewhat Favorable Press Coverage, Report Finds
Media stories about Delphi Technologies (NYSE:DLPH) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Delphi Technologies earned a news impact score of 0.13 on Accern’s scale. Accern also gave news articles about the company an impact score of 47.3045253698573 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Delphi Technologies (DLPH) Down 17.8% Since Last Earnings Report: Can It Rebound? (zacks.com)
- Will Delphi Technologies PLC’s (NYSE:DLPH) Earnings Grow Over The Next Year? (finance.yahoo.com)
- Delphi Technologies PLC (DLPH) Expected to Announce Quarterly Sales of $1.19 Billion (americanbankingnews.com)
- Zacks: Analysts Anticipate Delphi Technologies PLC (DLPH) Will Post Earnings of $1.01 Per Share (americanbankingnews.com)
Shares of NYSE:DLPH opened at $33.92 on Friday. The stock has a market cap of $3.05 billion and a price-to-earnings ratio of 6.59. Delphi Technologies has a 1-year low of $33.26 and a 1-year high of $60.39. The company has a debt-to-equity ratio of 4.68, a current ratio of 1.59 and a quick ratio of 1.18.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 15th. Shareholders of record on Tuesday, August 7th were issued a dividend of $0.17 per share. The ex-dividend date of this dividend was Monday, August 6th. This represents a $0.68 annualized dividend and a yield of 2.00%. Delphi Technologies’s dividend payout ratio is currently 13.20%.
Several research analysts recently issued reports on the stock. Oppenheimer upgraded shares of Delphi Technologies from a “market perform” rating to an “outperform” rating and set a $53.00 price target on the stock in a research report on Monday, July 23rd. Zacks Investment Research downgraded shares of Delphi Technologies from a “hold” rating to a “sell” rating in a research report on Monday, July 30th. Morgan Stanley upped their price target on shares of Delphi Technologies from $51.00 to $55.00 and gave the stock a “hold” rating in a research report on Wednesday, May 23rd. Robert W. Baird reduced their price target on shares of Delphi Technologies from $65.00 to $53.00 and set an “outperform” rating on the stock in a research report on Thursday, August 9th. Finally, Guggenheim reiterated a “buy” rating and set a $54.00 price target on shares of Delphi Technologies in a research report on Thursday, August 9th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $55.27.
In other news, Director Frank J. Dellaquila acquired 750 shares of the company’s stock in a transaction on Thursday, August 23rd. The stock was purchased at an average cost of $89.00 per share, with a total value of $66,750.00. Following the acquisition, the director now owns 4,818 shares of the company’s stock, valued at approximately $428,802. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark P. Frissora sold 7,826 shares of the business’s stock in a transaction dated Friday, June 15th. The stock was sold at an average price of $102.59, for a total value of $802,869.34. Following the sale, the director now directly owns 1,957 shares of the company’s stock, valued at $200,768.63. The disclosure for this sale can be found here. Insiders own 0.12% of the company’s stock.
Delphi Technologies Company Profile
Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.
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