Somewhat Favorable Press Coverage Very Unlikely to Affect Invacare Corporation (IVC) Share Price

News headlines about Invacare Corporation (NYSE:IVC) have trended somewhat positive recently, AlphaOne Sentiment Analysis reports. The research firm, a unit of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Invacare Corporation earned a media sentiment score of 0.17 on AlphaOne’s scale. AlphaOne also assigned news coverage about the health services provider an impact score of 16 out of 100, indicating that recent media coverage is very unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news articles that may have impacted AlphaOne’s scoring:

Insider Buying and Selling by Quarter for Invacare Corporation (NYSE:IVC)

Invacare Corporation (NYSE IVC) traded up 2.52% on Friday, reaching $12.20. 1,673,694 shares of the company’s stock traded hands. Invacare Corporation has a 52-week low of $8.00 and a 52-week high of $16.65. The stock’s market capitalization is $399.95 million. The firm’s 50-day moving average is $14.10 and its 200 day moving average is $12.58.

Invacare Corporation (NYSE:IVC) last announced its earnings results on Monday, May 8th. The health services provider reported ($0.47) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.53) by $0.06. The business had revenue of $231.70 million during the quarter, compared to analysts’ expectations of $226.71 million. Invacare Corporation had a negative net margin of 4.99% and a negative return on equity of 10.12%. The firm’s revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter last year, the company posted ($0.25) EPS. Analysts forecast that Invacare Corporation will post ($1.36) EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Monday, July 3rd will be given a dividend of $0.0125 per share. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date of this dividend is Thursday, June 29th. Invacare Corporation’s dividend payout ratio (DPR) is currently -3.18%.

IVC has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of Invacare Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, April 11th. Sidoti restated a “neutral” rating and issued a $12.00 target price (down previously from $14.00) on shares of Invacare Corporation in a research report on Monday. Stephens restated an “equal weight” rating on shares of Invacare Corporation in a research report on Tuesday, April 4th. Finally, ValuEngine cut shares of Invacare Corporation from a “hold” rating to a “sell” rating in a research report on Friday, June 9th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Invacare Corporation currently has a consensus rating of “Hold” and a consensus target price of $14.50.

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In related news, Director Dale C. Laporte sold 2,737 shares of the stock in a transaction dated Tuesday, May 16th. The shares were sold at an average price of $14.95, for a total transaction of $40,918.15. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.60% of the company’s stock.

About Invacare Corporation

Invacare Corporation is a manufacturer and distributor for medical equipment used in non-acute care settings. The Company’s geographical segments are Europe; North America, which includes North America/Home Medical Equipment (North America/HME) and Institutional Products Group (IPG) segments, and Asia/Pacific.

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