Analogic (ALOG) Earning Somewhat Positive News Coverage, Report Shows

News coverage about Analogic (NASDAQ:ALOG) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Analogic earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned press coverage about the medical research company an impact score of 47.0331939855681 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

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

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Shares of NASDAQ ALOG opened at $83.50 on Monday. The stock has a market cap of $1,043.89, a PE ratio of 48.55, a P/E/G ratio of 2.82 and a beta of 0.61. Analogic has a 52-week low of $66.00 and a 52-week high of $101.80.

Analogic (NASDAQ:ALOG) last announced its quarterly earnings results on Monday, March 5th. The medical research company reported $1.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.58. The firm had revenue of $129.20 million for the quarter, compared to the consensus estimate of $112.50 million. Analogic had a negative net margin of 15.34% and a positive return on equity of 6.05%. The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.99 EPS. sell-side analysts forecast that Analogic will post 4.23 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, March 26th. Stockholders of record on Thursday, March 15th were issued a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date was Wednesday, March 14th. Analogic’s payout ratio is presently 23.26%.

A number of analysts have recently issued reports on the stock. BidaskClub raised shares of Analogic from a “strong sell” rating to a “sell” rating in a report on Friday, March 30th. TheStreet raised shares of Analogic from a “c+” rating to a “b-” rating in a report on Monday, April 2nd. Zacks Investment Research raised shares of Analogic from a “hold” rating to a “strong-buy” rating and set a $108.00 price target on the stock in a report on Thursday, March 8th. Finally, ValuEngine raised shares of Analogic from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has given a strong buy rating to the company’s stock. Analogic presently has an average rating of “Hold” and a consensus target price of $94.00.

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About Analogic

Analogic Corporation designs, manufactures, and sells medical imaging systems, ultrasound and security systems, and subsystems to original equipment manufacturers (OEMs) and end users primarily for the medical and airport security markets worldwide. It operates in three segments: Medical Imaging, Ultrasound, and Security and Detection.

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