comScore (NASDAQ:SCOR) Rating Lowered to Hold at StockNews.com

StockNews.com cut shares of comScore (NASDAQ:SCOR) from a buy rating to a hold rating in a report released on Monday morning.

A number of other equities analysts have also recently commented on SCOR. Craig Hallum reaffirmed a “hold” rating and set a $8.00 price objective (down from $18.00) on shares of comScore in a research report on Thursday, August 29th. Needham & Company LLC reduced their target price on shares of comScore from $17.00 to $13.50 and set a “buy” rating for the company in a report on Wednesday, August 7th.

comScore Stock Performance

Shares of SCOR stock opened at $6.56 on Monday. comScore has a 52-week low of $6.12 and a 52-week high of $20.97. The stock has a market cap of $32.08 million, a price-to-earnings ratio of -0.70 and a beta of 1.09. The firm’s 50-day moving average is $6.96 and its 200-day moving average is $11.48.

comScore (NASDAQ:SCOR) last released its quarterly earnings data on Tuesday, August 6th. The company reported ($1.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($1.01). comScore had a negative net margin of 7.96% and a negative return on equity of 47.80%. The business had revenue of $85.84 million during the quarter, compared to the consensus estimate of $88.70 million. During the same quarter in the prior year, the company earned ($2.20) EPS. Sell-side analysts predict that comScore will post -2.85 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in comScore stock. Vanguard Group Inc. lifted its holdings in comScore, Inc. (NASDAQ:SCOR) by 1.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 174,826 shares of the company’s stock after acquiring an additional 2,121 shares during the period. Vanguard Group Inc. owned approximately 3.63% of comScore worth $2,692,000 as of its most recent filing with the SEC. 42.15% of the stock is owned by institutional investors and hedge funds.

comScore Company Profile

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. The company provides digital ad solutions, including Media Metrix Multi-Platform and Mobile Metrix, which measure websites and applications 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.