Media headlines about Park-Ohio Holdings Corp. (NASDAQ:PKOH) have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Park-Ohio Holdings Corp. earned a media sentiment score of 0.09 on Accern’s scale. Accern also gave media coverage about the industrial products company an impact score of 43.9392700217022 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- ETFs with exposure to Park-Ohio Holdings Corp. : October 11, 2017 (finance.yahoo.com)
- Analyzing Park-Ohio Holdings Corp. (PKOH) and Its Peers (americanbankingnews.com)
- Park-Ohio Holdings Corp. :PKOH-US: Earnings Analysis: Q2, 2017 By the Numbers : October 10, 2017 (finance.yahoo.com)
- ParkOhio Acquires Heads & All Threads Ltd. to Enhance Their Global Footprint (finance.yahoo.com)
Shares of Park-Ohio Holdings Corp. (NASDAQ PKOH) traded up 1.54% during trading on Thursday, reaching $46.25. 15,780 shares of the company’s stock traded hands. Park-Ohio Holdings Corp. has a 1-year low of $30.01 and a 1-year high of $47.00. The company has a market capitalization of $564.20 million, a price-to-earnings ratio of 17.51 and a beta of 3.46. The company has a 50 day moving average of $42.19 and a 200-day moving average of $39.13.
Park-Ohio Holdings Corp. (NASDAQ:PKOH) last posted its earnings results on Monday, August 7th. The industrial products company reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.02. The company had revenue of $350.90 million for the quarter, compared to analysts’ expectations of $355.83 million. Park-Ohio Holdings Corp. had a return on equity of 16.90% and a net margin of 2.50%. Equities analysts predict that Park-Ohio Holdings Corp. will post $3.25 earnings per share for the current year.
Several brokerages have issued reports on PKOH. Zacks Investment Research cut shares of Park-Ohio Holdings Corp. from a “buy” rating to a “hold” rating in a research note on Wednesday. FBR & Co reissued a “hold” rating on shares of Park-Ohio Holdings Corp. in a research note on Thursday, October 5th. Finally, ValuEngine cut shares of Park-Ohio Holdings Corp. from a “strong-buy” rating to a “buy” rating in a research note on Monday, October 2nd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Park-Ohio Holdings Corp. has a consensus rating of “Hold” and an average price target of $45.00.
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In other news, insider Robert D. Vilsack sold 1,471 shares of the firm’s stock in a transaction on Friday, September 29th. The stock was sold at an average price of $45.75, for a total transaction of $67,298.25. Following the transaction, the insider now directly owns 93,527 shares of the company’s stock, valued at $4,278,860.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert D. Vilsack sold 7,436 shares of the firm’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of $45.02, for a total value of $334,768.72. Following the transaction, the insider now directly owns 103,527 shares in the company, valued at $4,660,785.54. The disclosure for this sale can be found here. Insiders sold 39,650 shares of company stock worth $1,647,828 over the last quarter. 31.00% of the stock is currently owned by company insiders.
About Park-Ohio Holdings Corp.
Park-Ohio Holdings Corp. is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. The Company operates in three segments: Supply Technologies, Assembly Components and Engineered Products.
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