News headlines about Hollysys Automation Technologies (NASDAQ:HOLI) have been trending somewhat positive on Thursday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hollysys Automation Technologies earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 47.279946114233 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Shares of Hollysys Automation Technologies (NASDAQ HOLI) opened at $22.91 on Thursday. Hollysys Automation Technologies has a 1-year low of $15.08 and a 1-year high of $27.19. The firm has a market cap of $1,430.00, a PE ratio of 21.68 and a beta of 1.57. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.82 and a quick ratio of 2.67.
Hollysys Automation Technologies (NASDAQ:HOLI) last announced its quarterly earnings data on Monday, November 13th. The industrial products company reported $0.36 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.04. The firm had revenue of $115.50 million during the quarter. Hollysys Automation Technologies had a net margin of 15.46% and a return on equity of 9.65%. The business’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 earnings per share. sell-side analysts predict that Hollysys Automation Technologies will post 1.82 earnings per share for the current fiscal year.
HOLI has been the topic of several recent research reports. TheStreet upgraded shares of Hollysys Automation Technologies from a “c+” rating to a “b” rating in a report on Thursday, August 10th. Deutsche Bank restated a “buy” rating and issued a $25.00 price target (up from $23.00) on shares of Hollysys Automation Technologies in a report on Monday, October 2nd. Zacks Investment Research upgraded shares of Hollysys Automation Technologies from a “hold” rating to a “buy” rating and set a $29.00 price target on the stock in a report on Thursday, November 16th. J P Morgan Chase & Co upgraded shares of Hollysys Automation Technologies from a “neutral” rating to an “overweight” rating and set a $22.60 price target on the stock in a report on Tuesday, August 15th. Finally, Instinet restated a “reduce” rating and issued a $12.31 price target on shares of Hollysys Automation Technologies in a report on Tuesday, August 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $21.52.
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Hollysys Automation Technologies Company Profile
Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.
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