Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Orbital ATK (NYSE:OA) Share Price

News articles about Orbital ATK (NYSE:OA) have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press 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 negative one to positive one, with scores nearest to one being the most favorable. Orbital ATK earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the aerospace company an impact score of 46.0354929738673 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

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

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Several equities analysts recently commented on OA shares. TheStreet downgraded shares of Orbital ATK from a “b” rating to a “c” rating in a research note on Wednesday, December 27th. ValuEngine upgraded shares of Orbital ATK from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Zacks Investment Research downgraded shares of Orbital ATK from a “buy” rating to a “hold” rating in a research note on Tuesday, January 2nd. Finally, FIG Partners upgraded shares of Orbital ATK to a “market perform” rating in a research note on Wednesday, January 24th. Ten equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $126.21.

Orbital ATK stock traded up $0.23 during trading hours on Thursday, reaching $133.12. 124,327 shares of the stock were exchanged, compared to its average volume of 409,449. Orbital ATK has a twelve month low of $93.50 and a twelve month high of $134.59. The company has a quick ratio of 1.59, a current ratio of 1.74 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $7,684.25, a price-to-earnings ratio of 21.16, a PEG ratio of 2.19 and a beta of -0.28.

Orbital ATK (NYSE:OA) last posted its quarterly earnings results on Thursday, February 22nd. The aerospace company reported $1.77 earnings per share for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.02). Orbital ATK had a net margin of 6.50% and a return on equity of 18.32%. The company had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the business posted $1.26 earnings per share. The company’s revenue for the quarter was up 6.0% on a year-over-year basis. sell-side analysts expect that Orbital ATK will post 6.75 earnings per share for the current year.

In related news, VP Thomas E. Mccabe sold 1,540 shares of the firm’s stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $131.80, for a total value of $202,972.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.20% of the stock is owned by company insiders.

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About Orbital ATK

Orbital ATK, Inc develops and produces aerospace and defense related products to the U.S. Government, allied nations, prime contractors, and other customers in the United States and internationally. It operates through three segments: Flight Systems Group, Defense Systems Group, and Space Systems Group.

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

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