News coverage about Omega Protein Corporation (NYSE:OME) has been trending somewhat positive recently, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Omega Protein Corporation earned a news impact score of 0.18 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.3563709511488 out of 100, meaning that recent news 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 impacted Accern Sentiment’s analysis:
- Europe Feed Fats and Proteins Market Competitive landscape analysis (reports.pr-inside.com)
- Omega-6 Nutritional Lipid Market Analysis- Size, Share, Growth and Application Analysis To 2022 (openpr.com)
- Organic Soy Protein Market: Industry Latest Trends & Global Outlook 2016–2024 (sbwire.com)
- Omega Protein Corporation (NYSE:OME) Short Interest Up by 11.77% – Currently Trading Up (highlightpress.com)
- Global omega-6 nutritional lipid industry forecast to 2022 published by leading research firm (whatech.com)
Several research analysts recently commented on OME shares. Pivotal Research dropped their price target on Omega Protein Corporation from $18.00 to $15.00 and set a “hold” rating for the company in a research report on Friday, July 7th. ValuEngine lowered Omega Protein Corporation from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub lowered Omega Protein Corporation from a “sell” rating to a “strong sell” rating in a research report on Wednesday, July 19th. One research analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. Omega Protein Corporation presently has an average rating of “Hold” and an average target price of $21.50.
Shares of Omega Protein Corporation (NYSE:OME) traded down 2.41% during mid-day trading on Tuesday, reaching $16.20. 128,939 shares of the company’s stock traded hands. The company’s 50-day moving average price is $16.02 and its 200-day moving average price is $18.17. The stock has a market capitalization of $363.92 million, a PE ratio of 11.34 and a beta of 0.25. Omega Protein Corporation has a 12-month low of $14.50 and a 12-month high of $26.99.
Omega Protein Corporation (NYSE:OME) last posted its quarterly earnings data on Wednesday, August 2nd. The company reported $0.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.08. The firm had revenue of $93.90 million during the quarter, compared to analysts’ expectations of $87.44 million. Omega Protein Corporation had a net margin of 8.95% and a return on equity of 10.46%. The firm’s quarterly revenue was down 16.7% on a year-over-year basis. During the same quarter last year, the company posted $0.62 EPS. Analysts anticipate that Omega Protein Corporation will post $1.07 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, August 25th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 1.23%. Omega Protein Corporation’s dividend payout ratio (DPR) is presently 14.08%.
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Omega Protein Corporation Company Profile
Omega Protein Corporation is a nutritional products company that develops, produces and delivers nutritious products. The Company operates through two segments: animal nutrition and human nutrition. The Company’s animal nutrition segment consists of two subsidiaries: Omega Protein, Inc (Omega Protein) and Omega Shipyard, Inc (Omega Shipyard).
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