Hardinge (HDNG) Earns Media Impact Score of 0.02

Media headlines about Hardinge (NASDAQ:HDNG) have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 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. Hardinge earned a daily sentiment score of 0.02 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 46.7928828156934 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

NASDAQ:HDNG traded up $0.04 during mid-day trading on Thursday, hitting $18.34. 122,813 shares of the company’s stock were exchanged, compared to its average volume of 120,668. Hardinge has a fifty-two week low of $9.97 and a fifty-two week high of $19.47. The company has a market cap of $237.80, a PE ratio of 21.58 and a beta of 0.85.

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Hardinge (NASDAQ:HDNG) last issued its quarterly earnings results on Thursday, February 15th. The industrial products company reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $90.18 million for the quarter. Hardinge had a net margin of 1.84% and a return on equity of 6.50%.

Separately, ValuEngine raised shares of Hardinge from a “hold” rating to a “buy” rating in a report on Friday, February 2nd.

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Hardinge Company Profile

Hardinge Inc, together with its subsidiaries, designs, manufactures, and distributes machine tools in North America, Europe, and Asia. The company operates through two segments, Metalcutting Machine Solutions, and Aftermarket Tooling and Accessories. It offers computer controlled metalcutting turning machines, grinding machines, machining centers, collets, chucks, index fixtures, repair parts for machines, and other industrial products, as well as engineers and supplies high precision, standard, and specialty workholding devices, and other machine tool accessories.

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