Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Global Brass and Copper (BRSS) Stock Price

Press coverage about Global Brass and Copper (NYSE:BRSS) has been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Global Brass and Copper earned a news impact score of 0.06 on Accern’s scale. Accern also assigned news coverage about the industrial products company an impact score of 46.9340333527716 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of Global Brass and Copper (NYSE BRSS) opened at $33.70 on Friday. The company has a market cap of $716.25, a price-to-earnings ratio of 13.98 and a beta of 0.47. Global Brass and Copper has a 1 year low of $28.10 and a 1 year high of $39.85. The company has a debt-to-equity ratio of 2.19, a quick ratio of 2.00 and a current ratio of 3.26.

Global Brass and Copper (NYSE:BRSS) last issued its earnings results on Thursday, November 2nd. The industrial products company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.63 by $0.01. The company had revenue of $378.60 million for the quarter, compared to analyst estimates of $376.00 million. Global Brass and Copper had a net margin of 3.61% and a return on equity of 47.75%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 EPS. sell-side analysts predict that Global Brass and Copper will post 2.47 earnings per share for the current fiscal year.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of Global Brass and Copper from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. ValuEngine lowered shares of Global Brass and Copper from a “buy” rating to a “hold” rating in a research report on Saturday, November 4th. Finally, BidaskClub upgraded shares of Global Brass and Copper from a “sell” rating to a “hold” rating in a research report on Friday, October 13th.

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Global Brass and Copper Company Profile

Global Brass and Copper Holdings, Inc is a converter, fabricator, processor and distributor of specialized non-ferrous products, including a range of sheet, strip, foil, rod, tube and fabricated metal component products. The Company operates through three segments: Olin Brass, Chase Brass and A.J. Oster.

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