News headlines about Delphi Technologies (NYSE:DLPH) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Delphi Technologies earned a media sentiment score of 0.23 on Accern’s scale. Accern also gave news headlines about the company an impact score of 48.2988933280556 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Several equities analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Delphi Technologies from $51.00 to $55.00 and gave the company a “hold” rating in a report on Wednesday, May 23rd. Oppenheimer initiated coverage on shares of Delphi Technologies in a research report on Thursday, June 14th. They issued a “market perform” rating for the company. Zacks Investment Research cut shares of Delphi Technologies from a “hold” rating to a “sell” rating in a research report on Monday, July 30th. UBS Group raised shares of Delphi Technologies from a “market perform” rating to an “outperform” rating in a research report on Monday, July 23rd. Finally, Robert W. Baird lowered their price target on shares of Delphi Technologies from $65.00 to $53.00 and set an “outperform” rating for the company in a research report on Thursday, August 9th. Three analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $55.27.
Delphi Technologies stock traded down $0.74 during mid-day trading on Friday, reaching $35.23. 742,300 shares of the company traded hands, compared to its average volume of 919,096. The company has a current ratio of 1.59, a quick ratio of 1.18 and a debt-to-equity ratio of 4.68. Delphi Technologies has a fifty-two week low of $35.04 and a fifty-two week high of $60.39. The firm has a market capitalization of $3.32 billion and a price-to-earnings ratio of 6.84.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 15th. Stockholders of record on Tuesday, August 7th were paid a $0.17 dividend. The ex-dividend date was Monday, August 6th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.93%. Delphi Technologies’s payout ratio is currently 13.20%.
In related news, Director Mark P. Frissora sold 7,826 shares of the stock in a transaction on Friday, June 15th. The shares were sold at an average price of $102.59, for a total transaction of $802,869.34. Following the sale, the director now directly owns 1,957 shares of the company’s stock, valued at $200,768.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Susan M. Suver sold 1,174 shares of the stock in a transaction on Tuesday, August 21st. The shares were sold at an average price of $95.00, for a total transaction of $111,530.00. Following the transaction, the senior vice president now directly owns 62,268 shares in the company, valued at $5,915,460. The disclosure for this sale can be found here. 0.12% of the stock is owned by corporate insiders.
Delphi Technologies Company Profile
Delphi Technologies PLC engages in the design, development, and manufacture of integrated powertrain technologies worldwide. The company operates through two segments, Powertrain Systems and Delphi Technologies Aftermarket. The Powertrain Systems segment provides fuel injection systems, as well as other powertrain products comprising valvetrain, fuel delivery modules, ignition coils, canisters, sensors, valves, and actuators; and electronic control modules with the corresponding software, algorithms, and calibration that provide centralized management of various powertrain components.
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