Media stories about Global Brass and Copper (NYSE:BRSS) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Global Brass and Copper earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 47.6628056819746 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Reviewing Encore Wire (WIRE) & Global Brass and Copper (BRSS) (americanbankingnews.com)
- Global Brass and Copper goes ex-dividend on Monday (seekingalpha.com)
- Contrasting Global Brass and Copper (BRSS) and Encore Wire (WIRE) (americanbankingnews.com)
- Critical Comparison: Encore Wire (WIRE) versus Global Brass and Copper (BRSS) (americanbankingnews.com)
- Financial Contrast: Kaiser Aluminum (KALU) and Global Brass and Copper (BRSS) (americanbankingnews.com)
Shares of Global Brass and Copper traded up $0.30, reaching $31.35, during trading on Thursday, Marketbeat reports. 745 shares of the stock were exchanged, compared to its average volume of 107,276. The company has a quick ratio of 1.83, a current ratio of 3.21 and a debt-to-equity ratio of 1.90. Global Brass and Copper has a 1-year low of $30.70 and a 1-year high of $31.05. The firm has a market capitalization of $680.33 million, a price-to-earnings ratio of 11.28 and a beta of 0.40.
Global Brass and Copper (NYSE:BRSS) last issued its earnings results on Thursday, March 1st. The industrial products company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.12. Global Brass and Copper had a return on equity of 44.43% and a net margin of 3.03%. The company had revenue of $411.50 million for the quarter, compared to analyst estimates of $412.10 million. equities research analysts anticipate that Global Brass and Copper will post 2.94 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, May 25th. Stockholders of record on Tuesday, May 15th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.77%. The ex-dividend date of this dividend is Monday, May 14th. Global Brass and Copper’s payout ratio is 8.63%.
Separately, ValuEngine cut Global Brass and Copper from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd.
In other news, Director Bradford T. Ray sold 5,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 14th. The stock was sold at an average price of $33.05, for a total transaction of $165,250.00. Following the transaction, the director now directly owns 15,442 shares of the company’s stock, valued at $510,358.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Kevin W. Bense sold 3,000 shares of the stock in a transaction on Tuesday, March 13th. The shares were sold at an average price of $34.45, for a total value of $103,350.00. Following the completion of the sale, the insider now directly owns 42,195 shares of the company’s stock, valued at $1,453,617.75. The disclosure for this sale can be found here. 4.40% of the stock is owned by corporate insiders.
About Global Brass and Copper
Global Brass and Copper Holdings, Inc converts, fabricates, processes, and distributes specialized non-ferrous products in the United States, the Asia Pacific, and Mexico. The company operates in three segments: Olin Brass, Chase Brass, and A.J. Oster. The Olin Brass segment manufactures, fabricates, and converts specialized copper and brass sheets, strips, foils, tubes, and fabricated products; and rerolls and forms other alloys, such as stainless steel, carbon steel, and aluminum.
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