News stories about Hollysys Automation Technologies (NASDAQ:HOLI) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Hollysys Automation Technologies earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news articles about the industrial products company an impact score of 45.9367943483579 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:
- Hollysys Automation Technologies, Ltd. (HOLI) Rating Lowered to Sell at Zacks Investment Research (americanbankingnews.com)
- HollySys Automation Technologies (HOLI) Rises: Stock Up 5.8% (finance.yahoo.com)
- Hollysys Automation Technologies, Ltd. (HOLI) Receives “Reduce” Rating from Instinet (americanbankingnews.com)
- HollySys Automation Technologies’ (HOLI) CEO Baiqing Shao on Q2 2017 Results – Earnings Call Transcript (seekingalpha.com)
- Edited Transcript of HOLI earnings conference call or presentation 15-Aug-17 1:00am GMT (finance.yahoo.com)
Shares of Hollysys Automation Technologies (NASDAQ HOLI) traded down 1.90% during trading on Friday, hitting $19.15. The stock had a trading volume of 232,960 shares. Hollysys Automation Technologies has a 52 week low of $15.08 and a 52 week high of $23.55. The company’s 50 day moving average price is $18.11 and its 200 day moving average price is $17.08. The company has a market capitalization of $1.16 billion, a price-to-earnings ratio of 16.80 and a beta of 1.53.
Hollysys Automation Technologies (NASDAQ:HOLI) last released its quarterly earnings results on Monday, August 14th. The industrial products company reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.52 by $0.15. Hollysys Automation Technologies had a return on equity of 9.87% and a net margin of 15.96%. The firm had revenue of $137.96 million for the quarter, compared to analysts’ expectations of $152.80 million. The firm’s revenue was down 6.6% on a year-over-year basis. Analysts predict that Hollysys Automation Technologies will post $1.67 earnings per share for the current year.
Several research firms have recently weighed in on HOLI. Zacks Investment Research cut Hollysys Automation Technologies from a “hold” rating to a “sell” rating in a research report on Wednesday. Instinet reissued a “reduce” rating and set a $12.31 price target on shares of Hollysys Automation Technologies in a research report on Tuesday. BidaskClub raised Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research report on Tuesday, August 1st. J P Morgan Chase & Co upgraded Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price objective on the stock in a research note on Tuesday. Finally, TheStreet upgraded Hollysys Automation Technologies from a “c+” rating to a “b” rating in a research note on Thursday, August 10th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $18.65.
About Hollysys Automation Technologies
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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