Media stories about Hollysys Automation Technologies (NASDAQ:HOLI) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news 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. Hollysys Automation Technologies earned a news impact score of 0.11 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.7408312239476 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
HOLI has been the subject of a number of research analyst reports. TheStreet raised shares of Hollysys Automation Technologies from a “c+” rating to a “b” rating in a research note on Thursday, August 10th. Instinet reissued a “reduce” rating and set a $12.31 price target on shares of Hollysys Automation Technologies in a research note on Tuesday, August 15th. Zacks Investment Research raised shares of Hollysys Automation Technologies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 12th. J P Morgan Chase & Co raised shares of Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price target for the company in a research note on Tuesday, August 15th. Finally, BidaskClub raised shares of Hollysys Automation Technologies from a “sell” rating to a “hold” rating in a research note on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $19.65.
Shares of Hollysys Automation Technologies (HOLI) traded up 1.87% on Wednesday, reaching $21.26. 311,056 shares of the company were exchanged. Hollysys Automation Technologies has a 12 month low of $15.08 and a 12 month high of $22.32. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 18.63 and a beta of 1.48. The company’s 50-day moving average price is $20.64 and its 200 day moving average price is $17.90.
Hollysys Automation Technologies (NASDAQ:HOLI) last issued its quarterly earnings data on Monday, August 14th. The industrial products company reported $0.37 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.15). The business had revenue of $137.96 million during the quarter, compared to the consensus estimate of $152.80 million. Hollysys Automation Technologies had a net margin of 15.96% and a return on equity of 9.87%. The company’s revenue was down 6.6% on a year-over-year basis. On average, equities research analysts expect that Hollysys Automation Technologies will post $1.69 EPS for the current year.
The firm also recently disclosed an annual dividend, which will be paid on Monday, November 6th. Investors of record on Monday, October 16th will be issued a $0.12 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a yield of 0.56%. Hollysys Automation Technologies’s dividend payout ratio (DPR) is presently 17.39%.
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Hollysys Automation Technologies Company Profile
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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