comScore (NASDAQ:SCOR) Downgraded to “Hold” at StockNews.com
comScore (NASDAQ:SCOR – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.
comScore Price Performance
SCOR stock traded up $0.48 on Wednesday, hitting $14.35. 20,200 shares of the company were exchanged, compared to its average volume of 14,430. The stock has a market capitalization of $1.36 billion, a price-to-earnings ratio of -20.50 and a beta of 1.12. comScore has a twelve month low of $9.60 and a twelve month high of $29.50. The business’s fifty day moving average is $0.64 and its two-hundred day moving average is $0.70.
comScore (NASDAQ:SCOR – Get Free Report) last announced its quarterly earnings data on Monday, November 6th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.20) by ($0.20). The company had revenue of $91.00 million for the quarter, compared to analysts’ expectations of $96.51 million. comScore had a negative net margin of 13.57% and a negative return on equity of 11.19%. Equities research analysts expect that comScore will post -0.62 earnings per share for the current year.
Hedge Funds Weigh In On comScore
Several hedge funds and other institutional investors have recently modified their holdings of SCOR. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in comScore during the 1st quarter worth approximately $25,000. Gamco Investors INC. ET AL raised its stake in shares of comScore by 205.1% in the 2nd quarter. Gamco Investors INC. ET AL now owns 35,700 shares of the company’s stock valued at $29,000 after acquiring an additional 24,000 shares during the period. Mirabella Financial Services LLP acquired a new position in shares of comScore during the 1st quarter valued at $34,000. BNP Paribas Arbitrage SA lifted its holdings in shares of comScore by 60.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 18,792 shares of the company’s stock valued at $39,000 after acquiring an additional 7,074 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in comScore during the 1st quarter worth $42,000. 81.03% of the stock is owned by institutional investors and hedge funds.
About comScore (Get Free Report)
comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms in the United States, Europe, Latin America, Canada, and internationally. It offers ratings and planning products and services, including Media Metrix Multi-Platform and Mobile Metrix, which measure Websites and apps on computers, smartphones, and tablets; Video Metrix that delivers measurement of digital video consumption; Plan Metrix, which offers understanding of consumer lifestyle; Total Home Panel Suite, which capture OTT, connected TV, and IOT device usage and content consumption; CCR, which enhances validated campaign essentials verification of mobile and desktop video campaigns; XMedia Enhanced, which provides a deduplicated view of national programming content; Comscore marketing solutions; Lift Models, which measures the impact of advertising on a brand; Survey Analytics, which measure various consumer insights including brand health metrics; and Activation Solutions, including audience activation and content activation.
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Original: MarketBeat News Feed: comScore (NASDAQ:SCOR) Downgraded to “Hold” at StockNews.com