News headlines about AVX (NYSE:AVX) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AVX earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the electronics maker an impact score of 47.5061590822196 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news stories that may have effected Accern’s rankings:
- Two local tech communication firms join forces (bizjournals.com)
- AVX (AVX) Cut to “Hold” at Zacks Investment Research (americanbankingnews.com)
- Multi-layering SMD Inductor Market Overview, Opportunities, In-Depth Analysis Overview, Growth Impact and Demand Forecast to 2023 (openpr.com)
- AveXis Gene Therapy Awarded SAKIGAKE Designation for Spinal Muscular Atrophy Type 1 (markets.financialcontent.com)
- AVX – New medical series tantalum capacitors for non-critical medical devices (electropages.com)
A number of brokerages have weighed in on AVX. Zacks Investment Research downgraded AVX from a “buy” rating to a “hold” rating in a report on Tuesday. ValuEngine raised AVX from a “hold” rating to a “buy” rating in a report on Thursday, March 1st.
AVX (NYSE:AVX) last issued its earnings results on Thursday, January 25th. The electronics maker reported $0.22 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.04. AVX had a return on equity of 6.12% and a net margin of 0.48%. The firm had revenue of $431.80 million for the quarter, compared to the consensus estimate of $421.60 million. During the same quarter last year, the business posted $0.21 EPS. The company’s revenue was up 26.7% compared to the same quarter last year. equities analysts expect that AVX will post 0.8 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 5th. Investors of record on Friday, February 23rd were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 2.78%. The ex-dividend date was Thursday, February 22nd. AVX’s dividend payout ratio (DPR) is 920.18%.
In other news, insider Zahir Dhanani acquired 300,000 shares of the business’s stock in a transaction that occurred on Thursday, January 18th. The shares were bought at an average price of $0.09 per share, with a total value of $27,000.00. In the last three months, insiders have purchased 633,000 shares of company stock worth $70,030. 0.50% of the stock is currently owned by company insiders.
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AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three segments: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists of surface mount and leaded ceramic capacitors, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, thick and thin film packages of multiple passive integrated components, thermistors, inductors and resistive products.
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