GCP Applied Technologies (GCP) Given Daily Coverage Optimism Rating of 0.17

Headlines about GCP Applied Technologies (NYSE:GCP) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. GCP Applied Technologies earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 45.8548318255071 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities analysts have commented on GCP shares. KeyCorp reaffirmed a “buy” rating and set a $34.00 target price on shares of GCP Applied Technologies in a research note on Friday, November 3rd. Zacks Investment Research raised shares of GCP Applied Technologies from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Wednesday, October 4th. TheStreet raised shares of GCP Applied Technologies from a “d+” rating to a “c” rating in a research note on Friday, November 24th. Finally, Cowen started coverage on shares of GCP Applied Technologies in a research note on Monday, October 30th. They set a “market perform” rating and a $31.00 target price on the stock. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. GCP Applied Technologies has an average rating of “Buy” and an average price target of $34.33.

Shares of GCP Applied Technologies (GCP) opened at $32.95 on Friday. GCP Applied Technologies has a 12-month low of $25.25 and a 12-month high of $34.22. The firm has a market cap of $2,360.00 and a PE ratio of -61.02. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.28 and a current ratio of 2.52.

GCP Applied Technologies (NYSE:GCP) last announced its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. GCP Applied Technologies had a net margin of 56.84% and a return on equity of 124.93%. The business had revenue of $282.40 million during the quarter, compared to analysts’ expectations of $279.05 million. During the same period last year, the business earned $0.21 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. equities research analysts anticipate that GCP Applied Technologies will post 0.63 EPS for the current year.

In other GCP Applied Technologies news, Director Phillip J. Mason acquired 3,000 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average price of $29.96 per share, for a total transaction of $89,880.00. Following the completion of the acquisition, the director now owns 7,428 shares of the company’s stock, valued at approximately $222,542.88. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.65% of the stock is owned by company insiders.

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GCP Applied Technologies Company Profile

GCP Applied Technologies Inc produces and sells specialty construction chemicals, specialty building materials, and packaging sealants and coatings. The Company operates through two segments: Specialty Construction Chemicals and Specialty Building Materials. The Specialty Construction Chemicals segment manufactures and markets products to manage performance of Portland cement, and materials based on Portland cement, such as concrete admixtures and cement additives, as well as concrete production management systems.

Insider Buying and Selling by Quarter for GCP Applied Technologies (NYSE:GCP)

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