Press coverage about KLX (NASDAQ:KLXI) has been trending somewhat positive on Saturday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KLX earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned headlines about the aerospace company an impact score of 45.5449635806276 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Brokerages Anticipate KLX Inc. (KLXI) Will Post Earnings of $1.05 Per Share (americanbankingnews.com)
- KLX (KLXI) to Release Earnings on Tuesday (americanbankingnews.com)
- Analyzing Textron (TXT) and KLX (KLXI) (americanbankingnews.com)
- KLX (KLXI) Rating Lowered to Hold at Zacks Investment Research (americanbankingnews.com)
KLX opened at $73.09 on Friday, MarketBeat reports. The company has a quick ratio of 2.17, a current ratio of 7.06 and a debt-to-equity ratio of 0.52. The stock has a market cap of $3.70 billion, a price-to-earnings ratio of 26.58, a P/E/G ratio of 3.12 and a beta of 1.17. KLX has a twelve month low of $45.73 and a twelve month high of $82.50.
A number of brokerages recently issued reports on KLXI. Zacks Investment Research cut KLX from a “buy” rating to a “hold” rating in a research note on Saturday, May 12th. BidaskClub cut KLX from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 3rd. TheStreet lowered KLX from a “b” rating to a “c+” rating in a report on Tuesday, March 6th. SunTrust Banks lowered KLX from a “buy” rating to a “hold” rating and set a $53.00 target price for the company. in a report on Wednesday, May 2nd. Finally, Jefferies Group raised KLX from a “hold” rating to a “buy” rating in a report on Wednesday, March 7th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $65.75.
KLX Company Profile
KLX Inc, together with its subsidiaries, provides aerospace fasteners, consumables, and logistics services worldwide. The Aerospace Solutions Group segment distributes bolts, clips, hinges, rings, screws, carbon-faced seals, gaskets, O-rings, and others; chemicals, sealants and adhesives, lubricants, paints, cleaners, and degreasers; Honeywell proprietary parts; bearings, tooling, electrical components, and clamps; and hydraulics, pneumatics, fluid connectors, filtration, electrical control systems seals, and compressors and engineered systems.
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