Delphi Technologies (DLPH) Receiving Somewhat Favorable Media Coverage, Report Shows

News coverage about Delphi Technologies (NYSE:DLPH) has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Delphi Technologies earned a coverage optimism score of 1.17 on their scale. InfoTrie also gave news articles about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the next few days.

Here are some of the news articles that may have impacted Delphi Technologies’ ranking:

DLPH has been the subject of a number of recent research reports. BMO Capital Markets set a $60.00 target price on Delphi Technologies and gave the company a “buy” rating in a report on Thursday, August 9th. Robert W. Baird decreased their price target on Delphi Technologies from $65.00 to $53.00 and set an “outperform” rating for the company in a report on Thursday, August 9th. Oppenheimer decreased their price target on Delphi Technologies from $53.00 to $52.00 and set an “outperform” rating for the company in a report on Thursday, August 9th. Barclays decreased their price target on Delphi Technologies from $62.00 to $57.00 and set an “overweight” rating for the company in a report on Thursday, August 9th. Finally, Guggenheim reaffirmed a “buy” rating and set a $54.00 price target on shares of Delphi Technologies in a report on Thursday, August 9th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $35.60.

Shares of DLPH traded down $0.76 during midday trading on Tuesday, reaching $16.66. 18,312 shares of the stock were exchanged, compared to its average volume of 1,906,412. The company has a debt-to-equity ratio of 4.09, a quick ratio of 1.11 and a current ratio of 1.55. Delphi Technologies has a twelve month low of $16.13 and a twelve month high of $60.39. The stock has a market capitalization of $1.51 billion and a P/E ratio of 3.24.

Delphi Technologies (NYSE:DLPH) last posted its earnings results on Wednesday, November 7th. The company reported $0.72 EPS for the quarter, missing the Zacks’ consensus estimate of $0.73 by ($0.01). Delphi Technologies had a return on equity of 132.68% and a net margin of 5.61%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.13 billion. During the same quarter last year, the firm posted $1.25 EPS. The firm’s revenue for the quarter was down 3.8% on a year-over-year basis. On average, equities research analysts forecast that Delphi Technologies will post 4.24 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 14th. Stockholders of record on Tuesday, November 6th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 4.08%. The ex-dividend date was Monday, November 5th. Delphi Technologies’s dividend payout ratio (DPR) is currently 13.20%.

In related news, Director Robin J. Adams purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, November 16th. The shares were purchased at an average price of $16.79 per share, for a total transaction of $83,950.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CFO Joseph R. Massaro sold 2,800 shares of the business’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $86.24, for a total value of $241,472.00. Following the completion of the transaction, the chief financial officer now owns 91,734 shares in the company, valued at approximately $7,911,140.16. The disclosure for this sale can be found here. 0.12% of the stock is currently owned by insiders.

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Delphi Technologies Company Profile

Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.

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