Media headlines about Gardner Denver (NYSE:GDI) have been trending positive on Saturday, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Gardner Denver earned a coverage optimism score of 0.26 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.0906766097954 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Gardner Denver (NYSE:GDI) traded down $0.87 during midday trading on Friday, reaching $34.17. 637,037 shares of the company’s stock were exchanged, compared to its average volume of 552,173. The company has a debt-to-equity ratio of 1.58, a current ratio of 2.51 and a quick ratio of 1.60. The firm has a market capitalization of $6,700.00 and a PE ratio of -43.81. Gardner Denver has a 1 year low of $19.91 and a 1 year high of $38.00.
A number of research analysts recently commented on GDI shares. Zacks Investment Research raised shares of Gardner Denver from a “hold” rating to a “buy” rating and set a $40.00 price objective on the stock in a research report on Friday, January 26th. Stifel Nicolaus boosted their price objective on shares of Gardner Denver from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, November 22nd. Citigroup set a $34.00 price objective on shares of Gardner Denver and gave the company a “buy” rating in a research report on Friday, October 27th. Johnson Rice started coverage on shares of Gardner Denver in a research report on Tuesday. They set an “accumulate” rating and a $40.00 price objective on the stock. Finally, UBS Group boosted their price objective on shares of Gardner Denver from $28.00 to $33.00 and gave the company a “buy” rating in a research report on Friday, October 27th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Gardner Denver has a consensus rating of “Buy” and an average target price of $33.36.
In other Gardner Denver news, major shareholder Fund Holdings L.P. Kkr sold 25,250,880 shares of Gardner Denver stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $26.43, for a total value of $667,380,758.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.37% of the stock is owned by insiders.
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About Gardner Denver
Gardner Denver Holdings, Inc is a global provider of mission-critical flow control and compression equipments and associated aftermarket parts, consumables and services. The Company operates through three business segments: Industry, Energy and Medical. Industry segment designs, manufactures, markets and services a range of air compression, vacuum and blower products.
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