News articles about Orbital ATK (NYSE:OA) have trended somewhat positive this week, Accern reports. The research firm scores the sentiment of press coverage by analyzing more than 20 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 nearest to one being the most favorable. Orbital ATK earned a news impact score of 0.20 on Accern’s scale. Accern also gave news articles about the aerospace company an impact score of 46.3477327857574 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Orbital ATK (OA) Misses Q4 Earnings, Tops Sales Estimates – Nasdaq (nasdaq.com)
- Arizona State Retirement System Grows Holdings in Orbital ATK Inc (OA) (americanbankingnews.com)
- Orbital ATK Inc (OA) Receives Consensus Rating of “Hold” from Analysts (americanbankingnews.com)
- Orbital ATK Inc’s Earnings Dip on a Tax Hit – Motley Fool (fool.com)
- Orbital ATK Net Declines; Apache, Chesapeake Net Swing to Profit (ticker.com)
Several equities analysts recently weighed in on the stock. Credit Suisse Group lowered shares of Orbital ATK from an “outperform” rating to a “neutral” rating in a research report on Wednesday, November 8th. Zacks Investment Research raised shares of Orbital ATK from a “hold” rating to a “buy” rating and set a $148.00 price objective on the stock in a research report on Wednesday, January 10th. FIG Partners raised shares of Orbital ATK to a “market perform” rating in a research report on Wednesday, January 24th. Cowen reaffirmed a “hold” rating and set a $134.50 price objective on shares of Orbital ATK in a research report on Wednesday, November 22nd. Finally, ValuEngine raised shares of Orbital ATK from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $123.56.
Orbital ATK (NYSE:OA) last announced its quarterly earnings results on Thursday, February 22nd. The aerospace company reported $1.77 EPS for the quarter, missing the consensus estimate of $1.79 by ($0.02). Orbital ATK had a net margin of 6.50% and a return on equity of 18.50%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter last year, the business earned $1.26 EPS. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. research analysts expect that Orbital ATK will post 6.73 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Monday, February 12th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $1.28 annualized dividend and a yield of 0.97%. Orbital ATK’s dividend payout ratio (DPR) is presently 23.88%.
In other Orbital ATK news, Director Harrison H. Schmitt sold 1,500 shares of the stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $131.60, for a total transaction of $197,400.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.20% of the company’s stock.
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Orbital ATK Company Profile
Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.
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