Press coverage about Hydrogenics (NASDAQ:HYGS) (TSE:HYG) has trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring 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. Hydrogenics earned a coverage optimism score of 0.02 on Accern’s scale. Accern also assigned news coverage about the energy company an impact score of 47.2464064310863 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- The Strategic Rationale For A Hydrogenics Takeout – Seeking Alpha – Seeking Alpha (seekingalpha.com)
- Hydrogenics (HYGS) Given a $10.00 Price Target by HC Wainwright Analysts (americanbankingnews.com)
- Hydrogenics (HYGS) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS (americanbankingnews.com)
- Hydrogenics Reports Fourth Quarter and Full Year 2017 Results (finance.yahoo.com)
Several equities analysts have recently commented on the company. HC Wainwright set a $10.00 price objective on Hydrogenics and gave the company a “buy” rating in a research report on Friday, March 9th. Zacks Investment Research upgraded Hydrogenics from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Wednesday, January 3rd. Finally, ValuEngine lowered Hydrogenics from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $10.50.
Hydrogenics (NASDAQ:HYGS) (TSE:HYG) last announced its quarterly earnings data on Thursday, March 8th. The energy company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.03). Hydrogenics had a negative net margin of 23.18% and a negative return on equity of 57.54%. The firm had revenue of $19.53 million for the quarter, compared to the consensus estimate of $16.43 million. equities analysts anticipate that Hydrogenics will post -0.06 earnings per share for the current fiscal year.
Hydrogenics Corp is a Canada-based firm, which designs and manufactures hydrogen generation products based on water electrolysis technology, and fuel cell products based on proton exchange membrane (PEM) technology. The Company’s segments are Onsite Generation and Power Systems. The OnSite Generation segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets.
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