Positive Media Coverage Somewhat Unlikely to Impact Orbital ATK (NYSE:OA) Stock Price

News coverage about Orbital ATK (NYSE:OA) has trended positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 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. Orbital ATK earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave media stories about the aerospace company an impact score of 45.336294426221 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Here are some of the news articles that may have effected Accern’s rankings:

A number of research firms have issued reports on OA. Wells Fargo & Company downgraded shares of Orbital ATK from an “outperform” rating to a “market perform” rating in a research report on Friday, October 6th. Jefferies Group downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating and increased their target price for the stock from $122.00 to $134.50 in a research report on Thursday, October 5th. Zacks Investment Research upgraded shares of Orbital ATK from a “hold” rating to a “buy” rating and set a $150.00 target price for the company in a research report on Tuesday, October 3rd. ValuEngine downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Finally, Credit Suisse Group downgraded shares of Orbital ATK from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 8th. Ten analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $123.56.

Shares of Orbital ATK (NYSE OA) traded down $0.02 on Wednesday, hitting $132.47. 249,851 shares of the stock traded hands, compared to its average volume of 431,954. Orbital ATK has a 52 week low of $82.44 and a 52 week high of $134.59. The firm has a market cap of $7,640.00, a price-to-earnings ratio of 22.89, a price-to-earnings-growth ratio of 2.37 and a beta of 0.43. The company has a current ratio of 1.87, a quick ratio of 1.66 and a debt-to-equity ratio of 0.66.

Orbital ATK (NYSE:OA) last announced its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $1.75 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.56 by $0.19. Orbital ATK had a net margin of 6.62% and a return on equity of 17.32%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business posted $1.15 EPS. Orbital ATK’s quarterly revenue was up 16.6% on a year-over-year basis. research analysts anticipate that Orbital ATK will post 6.22 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Thursday, November 16th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $1.28 annualized dividend and a dividend yield of 0.97%. Orbital ATK’s dividend payout ratio (DPR) is 23.62%.

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Orbital ATK Company Profile

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

Insider Buying and Selling by Quarter for Orbital ATK (NYSE:OA)

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