News stories about AVX (NYSE:AVX) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. AVX earned a daily sentiment score of 0.05 on Accern’s scale. Accern also gave news headlines about the electronics maker an impact score of 47.104526739121 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
Get AVX alerts:
AVX Joins the Electronics Representatives Association (finance.yahoo.com) Global Circuit Protection Kits Market 2018- Eaton, KOA Speer, Bourns, TE Connectivity (sbwire.com) 2018 Fathers Day Ideas for Every Budget (golficity.com) AVX Launches New High-Temperature Wet Electrolytic Tantalum Capacitor Series (finance.yahoo.com) AVX Extends New BTB Pin Jumper Series for Maximum Tolerance Absorption in SSL & Industrial Applications with New Two-Position Pin Jumper (markets.financialcontent.com)
A number of brokerages have recently issued reports on AVX. Zacks Investment Research cut shares of AVX from a “hold” rating to a “sell” rating in a research note on Monday, April 30th. ValuEngine cut shares of AVX from a “buy” rating to a “hold” rating in a research note on Friday, April 27th.
Shares of AVX opened at $15.73 on Friday, Marketbeat Ratings reports. AVX has a 52-week low of $14.51 and a 52-week high of $20.22. The firm has a market capitalization of $2.67 billion, a PE ratio of 19.66 and a beta of 0.88.
AVX (NYSE:AVX) last announced its quarterly earnings data on Wednesday, April 25th. The electronics maker reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. AVX had a net margin of 0.31% and a return on equity of 6.01%. The company had revenue of $446.60 million during the quarter, compared to analysts’ expectations of $410.00 million. During the same quarter in the prior year, the company posted $0.20 EPS. The business’s revenue was up 35.5% on a year-over-year basis. sell-side analysts forecast that AVX will post 0.75 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 29th. Stockholders of record on Friday, June 15th will be paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 2.92%. The ex-dividend date of this dividend is Thursday, June 14th. AVX’s dividend payout ratio is 57.50%.
In other news, CAO Michael E. Hufnagel sold 3,000 shares of the company’s stock in a transaction dated Tuesday, May 1st. The shares were sold at an average price of $16.74, for a total value of $50,220.00. Following the sale, the chief accounting officer now owns 500 shares of the company’s stock, valued at approximately $8,370. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman John Sarvis sold 6,000 shares of the company’s stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $15.71, for a total transaction of $94,260.00. Following the completion of the sale, the chairman now directly owns 23,711 shares in the company, valued at approximately $372,499.81. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by corporate insiders.
AVX Corporation, together with its subsidiaries, manufactures and supplies various passive electronic components, interconnect devices, and related products worldwide. The company operates through three segments: Passive Components, Kyocera Electronic Devices (KED Resale), and Interconnect. The Passive Components segment primarily offers surface mount and leaded ceramic capacitors, RF thick and thin film components, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, ceramic and film power capacitors, super capacitors, EMI filters, thick and thin film packages of multiple passive integrated components, varistors, thermistors, inductors, and resistive products.