Huttig Building Products (NASDAQ:HBP) Earning Somewhat Positive News Coverage, Study Finds

News articles about Huttig Building Products (NASDAQ:HBP) have trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Huttig Building Products earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.6935978797848 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Huttig Building Products (HBP) traded down $0.03 on Monday, hitting $7.15. 29,000 shares of the company were exchanged, compared to its average volume of 32,589. The stock has a market cap of $185.04, a PE ratio of 79.44 and a beta of 1.72. Huttig Building Products has a 52 week low of $5.00 and a 52 week high of $9.24. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.18 and a current ratio of 2.45.

Huttig Building Products (NASDAQ:HBP) last announced its quarterly earnings results on Monday, October 30th. The company reported $0.05 EPS for the quarter. The business had revenue of $199.60 million for the quarter. Huttig Building Products had a net margin of 0.34% and a return on equity of 5.22%.

Separately, Singular Research initiated coverage on shares of Huttig Building Products in a research report on Monday, November 27th. They set a “buy” rating and a $9.75 price objective for the company.

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About Huttig Building Products

Huttig Building Products, Inc is a domestic distributor of millwork, building materials and wood products used principally in residential construction and in home improvement, remodeling and repair work. The Company purchases from manufacturers and distributes its products through approximately 26 wholesale distribution centers serving over 41 states.

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