Orbital ATK (OA) Getting Somewhat Favorable News Coverage, Analysis Finds

News coverage about Orbital ATK (NYSE:OA) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Orbital ATK earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the aerospace company an impact score of 45.3306908543324 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media headlines that may have impacted Accern Sentiment’s analysis:

Orbital ATK (OA) traded up $0.04 on Friday, hitting $132.01. The stock had a trading volume of 369,190 shares, compared to its average volume of 389,375. Orbital ATK has a 1-year low of $85.51 and a 1-year high of $134.59. The stock has a market capitalization of $7,612.82, a price-to-earnings ratio of 24.54, a P/E/G ratio of 2.18 and a beta of -0.23. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.66 and a current ratio of 1.87.

Orbital ATK (NYSE:OA) last released its quarterly earnings results on Thursday, November 2nd. The aerospace company reported $1.75 EPS for the quarter, topping the consensus estimate of $1.56 by $0.19. Orbital ATK had a return on equity of 17.32% and a net margin of 6.62%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same period last year, the business posted $1.15 earnings per share. The company’s quarterly revenue was up 16.6% on a year-over-year basis. research analysts expect that Orbital ATK will post 6.28 earnings per share for the current year.

Several research firms recently commented on OA. Wells Fargo & Co cut Orbital ATK from an “outperform” rating to a “market perform” rating in a report on Friday, October 6th. Jefferies Group cut Orbital ATK from a “buy” rating to a “hold” rating and increased their price target for the company from $122.00 to $134.50 in a report on Thursday, October 5th. Zacks Investment Research raised Orbital ATK from a “hold” rating to a “buy” rating and set a $150.00 price target for the company in a report on Tuesday, October 3rd. ValuEngine cut Orbital ATK from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, Credit Suisse Group cut Orbital ATK from an “outperform” rating to a “neutral” rating in a research note on Wednesday, November 8th. Nine research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $123.56.

In related news, Director Harrison H. Schmitt sold 1,500 shares of Orbital ATK stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $131.60, for a total value of $197,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.20% of the company’s stock.

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Orbital ATK Company Profile

Orbital ATK, Inc is an aerospace and defense systems company and supplier of related products to the United States Government, allied nations, prime contractors and other customers. The Company’s segments include Flight Systems Group, Defense Systems Group, Space Systems Group and Corporate. Its products include launch vehicles and related propulsion systems; satellites and associated components and services; tactical missiles, subsystems and defense electronics, and precision weapons, armament systems and ammunition.

Insider Buying and Selling by Quarter for Orbital ATK (NYSE:OA)

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