Huttig Building Products (HBP) Receives Coverage Optimism Rating of 0.12

Media coverage about Huttig Building Products (NASDAQ:HBP) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Huttig Building Products earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.654613775263 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Huttig Building Products (NASDAQ HBP) traded up $0.19 during mid-day trading on Thursday, reaching $6.74. 38,300 shares of the company’s stock were exchanged, compared to its average volume of 108,589. The firm has a market capitalization of $169.51, a PE ratio of 46.79 and a beta of 1.70. The company has a current ratio of 2.45, a quick ratio of 1.18 and a debt-to-equity ratio of 1.35. Huttig Building Products has a 1 year low of $5.00 and a 1 year high of $9.24.

Huttig Building Products (NASDAQ:HBP) last posted its earnings results on Monday, October 30th. The company reported $0.05 EPS for the quarter. Huttig Building Products had a net margin of 0.34% and a return on equity of 5.22%. The business had revenue of $199.60 million for the quarter.

Separately, Singular Research began coverage on shares of Huttig Building Products in a research report on Monday, November 27th. They issued a “buy” rating and a $9.75 target price on the stock.

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About Huttig Building Products

Huttig Building Products, Inc is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states.

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