Today, a Director at Sun Hydraulics Corp (NASDAQ: SNHY), Christine Koski, sold shares of SNHY for $1.23M.
Following Christine Koski’s last SNHY Sell transaction on August 16, 2017, the stock climbed by 2.7%.
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Based on Sun Hydraulics Corp’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $97.32 million and quarterly net profit of $11.91 million. In comparison, last year the company earned revenue of $81.35 million and had a net profit of $10.21 million. SNHY’s market cap is $1.56B and the company has a P/E ratio of 41.44. Currently, Sun Hydraulics Corp has an average volume of 103.7K.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $58.00, reflecting a -13.8% downside.
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Sun Hydraulics Corp. engages in the development and manufacture of soolutions for both the hydraulics and electronics markets. It operates through the Hydraulics and Electronics segments. The Hydraulics segment provides screw-in hydraulic cartridge valves, manifolds, and integrated fluid power packages and subsystems used in hydraulic systems.
