News headlines about Hollysys Automation Technologies (NASDAQ:HOLI) have been trending somewhat positive on Friday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hollysys Automation Technologies earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.5484610911486 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Hollysys Automation Technologies (HOLI) opened at $24.83 on Friday. The stock has a market cap of $1,579.15, a P/E ratio of 16.88 and a beta of 1.50. The company has a current ratio of 2.90, a quick ratio of 2.76 and a debt-to-equity ratio of 0.03. Hollysys Automation Technologies has a 1-year low of $15.08 and a 1-year high of $28.35.
Hollysys Automation Technologies (NASDAQ:HOLI) last announced its quarterly earnings results on Thursday, February 8th. The industrial products company reported $0.60 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.39 by $0.21. The business had revenue of $157.40 million during the quarter. Hollysys Automation Technologies had a net margin of 18.89% and a return on equity of 12.72%. The firm’s quarterly revenue was up 58.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.18 EPS. research analysts forecast that Hollysys Automation Technologies will post 1.83 earnings per share for the current fiscal year.
A number of research analysts have weighed in on the stock. BidaskClub lowered shares of Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a research note on Thursday. Zacks Investment Research lowered shares of Hollysys Automation Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, February 15th. ValuEngine raised shares of Hollysys Automation Technologies from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, February 14th. Finally, JPMorgan Chase & Co. lowered shares of Hollysys Automation Technologies from an “overweight” rating to a “neutral” rating and decreased their target price 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, three have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Hollysys Automation Technologies has a consensus rating of “Hold” and an average price target of $22.58.
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Hollysys Automation Technologies Company Profile
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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