Media headlines about Hollysys Automation Technologies (NASDAQ:HOLI) have been trending somewhat positive recently, Accern Sentiment reports. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hollysys Automation Technologies earned a news impact score of 0.14 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.5484610911486 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- 4 Underpriced Overseas ‘Compounding Machines’ (msn.com)
- Davis Advisors Launches International Equity ETF (zacks.com)
- Hollysys Automation Technologies Ltd (HOLI) Given Average Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- New Research Coverage Highlights Star Bulk Carriers, IPG Photonics, Mellanox Technologies, Hollysys Automation Technologies, Esperion Therapeutics, and Yirendai — Consolidated Revenues, Company Growth, and Expectations for 2018 (finance.yahoo.com)
A number of research firms have recently weighed in on HOLI. BidaskClub downgraded Hollysys Automation Technologies from a “hold” rating to a “sell” rating in a research note on Tuesday, January 16th. Zacks Investment Research downgraded Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, February 15th. ValuEngine raised Hollysys Automation Technologies from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 14th. Finally, JPMorgan Chase & Co. downgraded Hollysys Automation Technologies from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $27.00 to $25.00 in a research note on Friday, February 9th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $22.58.
Shares of Hollysys Automation Technologies (NASDAQ HOLI) opened at $26.80 on Friday. Hollysys Automation Technologies has a one year low of $15.08 and a one year high of $28.35. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.76 and a current ratio of 2.90. The firm has a market capitalization of $1,620.00, a PE ratio of 17.29 and a beta of 1.50.
Hollysys Automation Technologies (NASDAQ:HOLI) last posted its quarterly earnings results on Thursday, February 8th. The industrial products company reported $0.60 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.21. Hollysys Automation Technologies had a return on equity of 12.72% and a net margin of 18.89%. The company had revenue of $157.40 million during the quarter. During the same period last year, the business earned $0.18 earnings per share. The firm’s revenue for the quarter was up 58.8% on a year-over-year basis. equities research analysts anticipate that Hollysys Automation Technologies will post 1.83 earnings per share for the current fiscal year.
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About Hollysys Automation Technologies
Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.
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