Media headlines about SEACOR Holdings (NYSE:CKH) have been trending somewhat positive recently, AlphaOne reports. The research firm, a unit of Accern, identifies positive and negative news coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. SEACOR Holdings earned a news impact score of 0.11 on AlphaOne’s scale. AlphaOne also gave news articles about the oil and gas company an impact score of 25 out of 100, meaning that recent news coverage is very unlikely to have an impact on the company’s share price in the near future.
Shares of SEACOR Holdings (NYSE CKH) traded up 0.09% on Friday, reaching $34.22. The company’s stock had a trading volume of 328,069 shares. The company has a 50 day moving average of $55.41 and a 200 day moving average of $65.76. SEACOR Holdings has a 1-year low of $33.76 and a 1-year high of $76.32. The stock’s market capitalization is $600.53 million.
SEACOR Holdings (NYSE:CKH) last posted its earnings results on Tuesday, May 9th. The oil and gas company reported $0.24 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.64) by $0.88. The company had revenue of $190.45 million for the quarter, compared to the consensus estimate of $206.36 million. SEACOR Holdings had a negative return on equity of 14.72% and a negative net margin of 22.86%. Equities research analysts expect that SEACOR Holdings will post ($0.03) earnings per share for the current fiscal year.
A number of research analysts have recently issued reports on CKH shares. Zacks Investment Research upgraded SEACOR Holdings from a “hold” rating to a “buy” rating and set a $76.00 target price on the stock in a research report on Friday, March 31st. ValuEngine lowered SEACOR Holdings from a “hold” rating to a “sell” rating in a research report on Friday, May 26th. Finally, Stifel Nicolaus increased their target price on SEACOR Holdings from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, March 30th.
In other SEACOR Holdings news, Vice Chairman Oivind Lorentzen sold 53,208 shares of the business’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $36.37, for a total transaction of $1,935,174.96. Following the sale, the insider now directly owns 72,934 shares in the company, valued at $2,652,609.58. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders have sold 57,393 shares of company stock worth $2,205,423. 13.37% of the stock is owned by company insiders.
SEACOR Holdings Company Profile
SEACOR Holdings Inc is engaged in owning, operating, investing in and marketing equipment, primarily in the offshore oil and gas, shipping and logistics industries. The Company’s segments include Offshore Marine Services, Inland River Services, Shipping Services and Illinois Corn Processing. The Offshore Marine Services segment operates a fleet of support vessels primarily servicing offshore oil and gas exploration, development and production facilities around the world.
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