News coverage about Black Box Corporation (NASDAQ:BBOX) has been trending positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of news 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 one, with scores closest to one being the most favorable. Black Box Corporation earned a daily sentiment score of 0.31 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the near future.
Shares of Black Box Corporation (NASDAQ BBOX) opened at 8.35 on Monday. Black Box Corporation has a 1-year low of $7.55 and a 1-year high of $17.05. The firm’s market capitalization is $124.95 million. The stock’s 50 day moving average is $8.26 and its 200 day moving average is $10.42.
Black Box Corporation (NASDAQ:BBOX) last posted its earnings results on Tuesday, May 9th. The technology company reported $0.07 EPS for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.01. The firm had revenue of $208.10 million for the quarter, compared to the consensus estimate of $207.44 million. Black Box Corporation had a negative net margin of 0.83% and a positive return on equity of 7.74%. The company’s revenue was down 7.1% on a year-over-year basis. During the same period last year, the firm posted $0.14 EPS. Equities analysts predict that Black Box Corporation will post $0.23 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Friday, June 30th will be given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.75%. The ex-dividend date of this dividend is Wednesday, June 28th. Black Box Corporation’s dividend payout ratio (DPR) is -104.35%.
Separately, Sidoti upgraded shares of Black Box Corporation from a “neutral” rating to a “buy” rating and set a $10.00 price objective for the company in a research note on Tuesday, June 27th.
Black Box Corporation Company Profile
Black Box Corporation is a technology solutions provider. The Company is engaged in designing, building, managing and securing the information technology (IT) infrastructure. Offerings under the Company’s Products platform include IT infrastructure, specialty networking, multimedia and keyboard/video/mouse (KVM) switching.
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