Spok Holdings (NASDAQ:SPOK) Receiving Somewhat Positive Press Coverage, Report Finds
News articles about Spok Holdings (NASDAQ:SPOK) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news 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. Spok Holdings earned a media sentiment score of 0.02 on Accern’s scale. Accern also assigned media coverage about the Wireless communications provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- Vail Valley Medical Center Selects Spok Care Connect® to Streamline Care Team Workflows and Elevate Patient Care (finance.yahoo.com)
- Spok Holdings, Inc. :SPOK-US: Earnings Analysis: Q2, 2017 By the Numbers : July 31, 2017 (finance.yahoo.com)
- Spok reports 2017 Q2 operating results (financial-news.co.uk)
- Edited Transcript of SPOK earnings conference call or presentation 27-Jul-17 2:00pm GMT (finance.yahoo.com)
A number of brokerages recently weighed in on SPOK. BidaskClub raised shares of Spok Holdings from a “sell” rating to a “hold” rating in a research note on Wednesday, July 12th. TheStreet lowered shares of Spok Holdings from a “b-” rating to a “c” rating in a research note on Thursday, April 27th. Finally, ValuEngine lowered shares of Spok Holdings from a “hold” rating to a “sell” rating in a research note on Thursday, June 15th.
Spok Holdings (NASDAQ SPOK) traded up 0.30% during mid-day trading on Thursday, hitting $16.50. 139,742 shares of the stock traded hands. The stock’s 50 day moving average is $17.33 and its 200-day moving average is $18.22. Spok Holdings has a 12 month low of $15.85 and a 12 month high of $22.60. The company has a market cap of $329.62 million, a price-to-earnings ratio of 35.87 and a beta of 0.65.
Spok Holdings (NASDAQ:SPOK) last released its quarterly earnings data on Wednesday, July 26th. The Wireless communications provider reported $0.07 EPS for the quarter. The company had revenue of $42.33 million during the quarter. Spok Holdings had a return on equity of 2.93% and a net margin of 5.44%. On average, equities research analysts anticipate that Spok Holdings will post $0.90 EPS for the current year.
Spok Holdings announced that its board has approved a stock repurchase plan on Wednesday, April 26th that authorizes the company to repurchase $10.00 million in shares. This repurchase authorization authorizes the Wireless communications provider to reacquire up to 2.4% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its stock is undervalued.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Friday, August 18th will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.03%. The ex-dividend date is Wednesday, August 16th. Spok Holdings’s payout ratio is presently 108.70%.
In other news, CEO Vincent D. Kelly sold 10,000 shares of the stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $17.61, for a total value of $176,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.63% of the company’s stock.
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Spok Holdings Company Profile
USA Mobility, Inc (USA Mobility) is a holding company, which operates through its indirect wholly owned subsidiary, USA Mobility Wireless, Inc The Company is a provider of wireless messaging, mobile voice and data and unified communications solutions in the United States. In addition, through its indirect wholly owned subsidiary, Amcom Software, Inc (Amcom), it provides mission critical unified communications solutions for contact centers, emergency management, mobile event notification and Smartphone messaging.
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