Calgon Carbon (CCC) Receiving Somewhat Positive News Coverage, Analysis Finds
Media coverage about Calgon Carbon (NYSE:CCC) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Calgon Carbon earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned headlines about the industrial products company an impact score of 45.2822494620352 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research firms have commented on CCC. Robert W. Baird cut shares of Calgon Carbon from an “outperform” rating to a “hold” rating in a research note on Tuesday, September 26th. Janney Montgomery Scott lowered shares of Calgon Carbon from a “neutral” rating to a “sell” rating and set a $21.50 price objective for the company. in a research report on Thursday, September 21st. Zacks Investment Research upgraded shares of Calgon Carbon from a “sell” rating to a “hold” rating in a research report on Wednesday, September 13th. Finally, Sidoti lowered shares of Calgon Carbon from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $22.00 to $20.00 in a research report on Monday, September 25th. Three research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Calgon Carbon has an average rating of “Hold” and an average price target of $19.63.
Calgon Carbon (NYSE:CCC) opened at $21.30 on Wednesday. Calgon Carbon has a 12-month low of $12.00 and a 12-month high of $22.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.68 and a current ratio of 2.80. The firm has a market cap of $1,080.00, a PE ratio of 193.64 and a beta of 1.19.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Tuesday, December 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, December 4th. This represents a $0.20 annualized dividend and a dividend yield of 0.94%. Calgon Carbon’s dividend payout ratio (DPR) is 181.82%.
Calgon Carbon Company Profile
Calgon Carbon Corporation is a manufacturer of activated carbon, with capabilities in ultraviolet (UV) light disinfection. The Company provides purification solutions for drinking water, wastewater, pollution abatement, and a range of industrial and commercial manufacturing processes. The Company operates through four segments: Activated Carbon and Service, Equipment, Consumer and Other.
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