General Cable Corporation (BGC) Earns Daily News Sentiment Score of 0.11
Media stories about General Cable Corporation (NYSE:BGC) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing 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. General Cable Corporation earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 47.5752539131348 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
- CORRECTING and REPLACING – Recent Analysis Shows Pure Storage, Catalent, Boyd Gaming, Halozyme Therapeutics, Clovis Oncology, and General Cable Market Influences – Renewed Outlook, Key Drivers of Growth (finance.yahoo.com)
- General Cable Corp. – Value Analysis (NYSE:BGC) : November 14, 2017 (finance.yahoo.com)
- General Cable Clears Technical Benchmark, Hitting 80-Plus RS Rating (finance.yahoo.com)
- General Cable Corp. breached its 50 day moving average in a Bullish Manner : BGC-US : November 13, 2017 (finance.yahoo.com)
Separately, BidaskClub raised General Cable Corporation from a “hold” rating to a “buy” rating in a research report on Friday, August 4th.
Shares of General Cable Corporation (BGC) traded up $0.55 during trading on Friday, hitting $20.65. The stock had a trading volume of 729,400 shares, compared to its average volume of 674,916. General Cable Corporation has a 1 year low of $14.95 and a 1 year high of $23.05. The stock has a market cap of $1,030.00, a price-to-earnings ratio of 29.56 and a beta of 2.89. The company has a current ratio of 1.98, a quick ratio of 1.10 and a debt-to-equity ratio of 8.42.
General Cable Corporation (NYSE:BGC) last announced its earnings results on Wednesday, November 1st. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.08. General Cable Corporation had a positive return on equity of 43.57% and a negative net margin of 4.71%. The firm had revenue of $994.00 million during the quarter, compared to analyst estimates of $879.80 million. During the same period last year, the firm posted $0.07 EPS. The business’s revenue was up 7.5% compared to the same quarter last year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 8th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.49%. The ex-dividend date is Thursday, December 7th. General Cable Corporation’s dividend payout ratio is presently -20.22%.
About General Cable Corporation
General Cable Corporation is engaged in the development, design, manufacture, marketing and distribution of copper, aluminum and fiber optic wire and cable products for use in the energy, industrial, construction, specialty and communications markets. The Company’s segments include North America, Europe, Latin America, and Africa/Asia Pacific.
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