Somewhat Positive News Coverage Somewhat Unlikely to Impact Colfax (CFX) Share Price

Media stories about Colfax (NYSE:CFX) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Colfax earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 48.3972053046779 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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

A number of brokerages have recently commented on CFX. KeyCorp restated a “buy” rating and issued a $46.00 price target on shares of Colfax in a report on Tuesday, September 26th. Citigroup reaffirmed a “sell” rating and issued a $40.00 target price (up previously from $39.00) on shares of Colfax in a research report on Monday, October 9th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $44.00 target price on shares of Colfax in a research report on Tuesday, November 7th. Oppenheimer reaffirmed a “hold” rating on shares of Colfax in a research report on Thursday, November 30th. Finally, Argus reaffirmed a “buy” rating and issued a $50.00 target price on shares of Colfax in a research report on Tuesday, August 29th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $45.80.

Colfax (NYSE CFX) traded up $0.12 during trading hours on Wednesday, hitting $39.42. The company had a trading volume of 434,866 shares, compared to its average volume of 720,718. The company has a current ratio of 1.80, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $4,840.00, a P/E ratio of 31.79, a P/E/G ratio of 2.26 and a beta of 1.26. Colfax has a twelve month low of $33.31 and a twelve month high of $43.29.

Colfax (NYSE:CFX) last announced its quarterly earnings results on Monday, November 6th. The industrial products company reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. The firm had revenue of $844.50 million for the quarter, compared to the consensus estimate of $901.09 million. Colfax had a return on equity of 6.26% and a net margin of 4.89%. The business’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. research analysts anticipate that Colfax will post 1.72 EPS for the current year.

In other Colfax news, EVP Daniel A. Pryor sold 53,333 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $38.15, for a total transaction of $2,034,653.95. Following the transaction, the executive vice president now owns 93,557 shares of the company’s stock, valued at $3,569,199.55. The sale was disclosed in a document filed with the SEC, which is available through this link. 10.60% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Impact Colfax (CFX) Share Price” was originally posted by Week Herald and is the sole property of of Week Herald. If you are accessing this article on another site, it was copied illegally and reposted in violation of U.S. & international copyright laws. The correct version of this article can be accessed at https://weekherald.com/2017/12/27/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-colfax-cfx-share-price-2.html.

About Colfax

Colfax Corporation is an industrial manufacturing and engineering company. The Company provides air and gas handling, and fabrication technology products and services. The Company’s segments include Air and Gas handling, and Fabrication Technology. The Air and Gas Handling segment supplies a range of gas handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket services.

Insider Buying and Selling by Quarter for Colfax (NYSE:CFX)

Receive News & Ratings for Colfax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colfax and related companies with MarketBeat.com's FREE daily email newsletter.

Somewhat Positive News Coverage Somewhat Unlikely to Impact Colfax (CFX) Share Price

Media stories about Colfax (NYSE:CFX) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Colfax earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 48.3972053046779 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

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

A number of brokerages have recently commented on CFX. KeyCorp restated a “buy” rating and issued a $46.00 price target on shares of Colfax in a report on Tuesday, September 26th. Citigroup reaffirmed a “sell” rating and issued a $40.00 target price (up previously from $39.00) on shares of Colfax in a research report on Monday, October 9th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $44.00 target price on shares of Colfax in a research report on Tuesday, November 7th. Oppenheimer reaffirmed a “hold” rating on shares of Colfax in a research report on Thursday, November 30th. Finally, Argus reaffirmed a “buy” rating and issued a $50.00 target price on shares of Colfax in a research report on Tuesday, August 29th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $45.80.

Colfax (NYSE CFX) traded up $0.12 during trading hours on Wednesday, hitting $39.42. The company had a trading volume of 434,866 shares, compared to its average volume of 720,718. The company has a current ratio of 1.80, a quick ratio of 1.47 and a debt-to-equity ratio of 0.38. The firm has a market capitalization of $4,840.00, a P/E ratio of 31.79, a P/E/G ratio of 2.26 and a beta of 1.26. Colfax has a twelve month low of $33.31 and a twelve month high of $43.29.

Colfax (NYSE:CFX) last announced its quarterly earnings results on Monday, November 6th. The industrial products company reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. The firm had revenue of $844.50 million for the quarter, compared to the consensus estimate of $901.09 million. Colfax had a return on equity of 6.26% and a net margin of 4.89%. The business’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. research analysts anticipate that Colfax will post 1.72 EPS for the current year.

In other Colfax news, EVP Daniel A. Pryor sold 53,333 shares of the business’s stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $38.15, for a total transaction of $2,034,653.95. Following the transaction, the executive vice president now owns 93,557 shares of the company’s stock, valued at $3,569,199.55. The sale was disclosed in a document filed with the SEC, which is available through this link. 10.60% of the stock is owned by insiders.

COPYRIGHT VIOLATION WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Impact Colfax (CFX) Share Price” was originally posted by Week Herald and is the sole property of of Week Herald. If you are accessing this article on another site, it was copied illegally and reposted in violation of U.S. & international copyright laws. The correct version of this article can be accessed at https://weekherald.com/2017/12/27/somewhat-positive-news-coverage-somewhat-unlikely-to-impact-colfax-cfx-share-price-2.html.

About Colfax

Colfax Corporation is an industrial manufacturing and engineering company. The Company provides air and gas handling, and fabrication technology products and services. The Company’s segments include Air and Gas handling, and Fabrication Technology. The Air and Gas Handling segment supplies a range of gas handling products, including heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps and certain related products, as well as aftermarket services.

Insider Buying and Selling by Quarter for Colfax (NYSE:CFX)

Receive News & Ratings for Colfax Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Colfax and related companies with MarketBeat.com's FREE daily email newsletter.

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