Somewhat Positive Media Coverage Somewhat Unlikely to Affect Sun Hydraulics (SNHY) Share Price

Media headlines about Sun Hydraulics (NASDAQ:SNHY) have trended somewhat positive this week, according to Accern. Accern ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sun Hydraulics earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned news headlines about the industrial products company an impact score of 46.5957690693029 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of research firms have recently issued reports on SNHY. Zacks Investment Research downgraded shares of Sun Hydraulics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 10th. SunTrust Banks initiated coverage on shares of Sun Hydraulics in a research report on Monday, February 5th. They set a “buy” rating for the company. BidaskClub cut shares of Sun Hydraulics from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th. Finally, KeyCorp initiated coverage on shares of Sun Hydraulics in a research report on Monday, February 5th. They set an “overweight” rating and a $67.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. Sun Hydraulics has a consensus rating of “Hold” and an average target price of $61.67.

Shares of Sun Hydraulics (NASDAQ SNHY) opened at $54.47 on Tuesday. Sun Hydraulics has a 52-week low of $34.17 and a 52-week high of $70.83. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.96 and a current ratio of 2.62. The company has a market cap of $1,666.40, a P/E ratio of 45.77 and a beta of 1.68.

The company also recently announced a quarterly dividend, which was paid on Saturday, January 20th. Investors of record on Friday, January 5th were given a dividend of $0.09 per share. The ex-dividend date was Thursday, January 4th. This represents a $0.36 dividend on an annualized basis and a yield of 0.66%. Sun Hydraulics’s payout ratio is 30.25%.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece of content on another publication, it was stolen and reposted in violation of United States & international copyright and trademark laws. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3195417/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-sun-hydraulics-snhy-share-price.html.

About Sun Hydraulics

Sun Hydraulics Corporation (Sun) develops and manufactures solutions for the hydraulics and electronics markets. It is engaged in power controls and vehicle technologies lines of business. The Company operates through two segments including hydraulics and electronics. Hydraulics market segment is engaged in manufacturing of screw-in hydraulic cartridge valves, electro-hydraulics, manifolds, and integrated package solutions for the worldwide industrial and mobile hydraulics markets operating under the brand Sun Hydraulics.

Insider Buying and Selling by Quarter for Sun Hydraulics (NASDAQ:SNHY)

Receive News & Ratings for Sun Hydraulics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Hydraulics and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

How to Trade on Forex – 8 Steps for Beginners
How to Trade on Forex – 8 Steps for Beginners
Super Nintendo World Theme Park Officially Starts Construction
Super Nintendo World Theme Park Officially Starts Construction
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Amazon and Apple Join Foxconn to Secure Chip Business of Toshiba
Camera Zooms In and Can Recognize Faces
Camera Zooms In and Can Recognize Faces
Netflix Could See 150 Million Worldwide Subscribers
Netflix Could See 150 Million Worldwide Subscribers
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back
LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back


Leave a Reply

© 2006-2018 Ticker Report. Google+.