Somewhat Positive Press Coverage Somewhat Unlikely to Impact Calgon Carbon (CCC) Stock Price

Headlines about Calgon Carbon (NYSE:CCC) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring 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. Calgon Carbon earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned media coverage about the industrial products company an impact score of 45.8987856088565 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Calgon Carbon (NYSE CCC) opened at $21.30 on Tuesday. The company has a quick ratio of 1.68, a current ratio of 2.80 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $1,082.27, a PE ratio of 177.51 and a beta of 1.20. Calgon Carbon has a 12-month low of $12.00 and a 12-month high of $22.10.

Calgon Carbon (NYSE:CCC) last announced its quarterly earnings data on Monday, November 6th. The industrial products company reported $0.14 EPS for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.02). Calgon Carbon had a return on equity of 5.65% and a net margin of 0.97%. analysts anticipate that Calgon Carbon will post 0.49 EPS for the current year.

CCC has been the subject of a number of research reports. Janney Montgomery Scott lowered Calgon Carbon from a “neutral” rating to a “sell” rating and set a $21.50 target price for the company. in a research note on Thursday, September 21st. Robert W. Baird raised their target price on Calgon Carbon from $17.00 to $21.00 and gave the company a “neutral” rating in a research note on Friday, September 22nd. Sidoti lowered Calgon Carbon from a “buy” rating to a “neutral” rating and lowered their target price for the company from $22.00 to $20.00 in a research note on Monday, September 25th. Finally, Zacks Investment Research lowered Calgon Carbon from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. Calgon Carbon presently has a consensus rating of “Hold” and an average price target of $19.63.

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Calgon Carbon Company Profile

Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.

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