Somewhat Positive News Coverage Somewhat Unlikely to Impact AVX (AVX) Share Price

Media headlines about AVX (NYSE:AVX) have trended somewhat positive on Tuesday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. AVX earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media stories about the electronics maker an impact score of 46.9551930360856 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

A number of brokerages have recently issued reports on AVX. Zacks Investment Research downgraded shares of AVX from a “buy” rating to a “hold” rating in a research report on Wednesday, January 31st. ValuEngine raised shares of AVX from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st.

AVX (NYSE:AVX) opened at $17.37 on Tuesday. AVX has a 12-month low of $15.38 and a 12-month high of $20.22. The stock has a market cap of $2,924.48, a P/E ratio of 347.47 and a beta of 0.83.

AVX (NYSE:AVX) last issued its quarterly earnings data on Thursday, January 25th. The electronics maker reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. AVX had a net margin of 0.48% and a return on equity of 6.12%. The firm had revenue of $431.80 million for the quarter, compared to the consensus estimate of $421.60 million. During the same quarter in the previous year, the firm earned $0.21 EPS. The company’s quarterly revenue was up 26.7% compared to the same quarter last year. analysts predict that AVX will post 0.8 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, March 5th. Shareholders of record on Friday, February 23rd will be given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 2.65%. The ex-dividend date is Thursday, February 22nd. AVX’s dividend payout ratio is presently 920.18%.

In related news, insider Zahir Dhanani bought 300,000 shares of the company’s stock in a transaction on Thursday, January 18th. The shares were bought at an average price of $0.09 per share, with a total value of $27,000.00. In the last three months, insiders have acquired 901,000 shares of company stock worth $97,150. 0.50% of the stock is owned by insiders.

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About AVX

AVX Corporation (AVX) is a manufacturer and supplier and reseller of a line of passive electronic components, interconnect devices and related products. AVX operates in three segments: Passive Components, Kyocera Electronic Devices (KED Resale) and Interconnect. The Passive Components segment consists of surface mount and leaded ceramic capacitors, surface mount and leaded tantalum capacitors, surface mount and leaded film capacitors, thick and thin film packages of multiple passive integrated components, thermistors, inductors and resistive products.

Insider Buying and Selling by Quarter for AVX (NYSE:AVX)

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