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

StockNews.com lowered shares of comScore (NASDAQ:SCOR) from a buy rating to a hold rating in a research note released on Wednesday.

Several other research analysts have also commented on the company. Craig Hallum dropped their price target on comScore from $24.00 to $18.00 and set a buy rating for the company in a research report on Wednesday, May 8th. Needham & Company LLC dropped their target price on comScore from $25.00 to $17.00 and set a buy rating for the company in a report on Friday, June 7th.

comScore Price Performance

Shares of SCOR opened at $14.21 on Wednesday. The stock has a market capitalization of $68.63 million, a price-to-earnings ratio of -0.77 and a beta of 1.19. comScore has a 1 year low of $9.60 and a 1 year high of $20.97. The business’s 50 day simple moving average is $13.66 and its 200-day simple moving average is $15.67.

comScore (NASDAQ:SCOR) last announced its quarterly earnings results on Tuesday, May 7th. The company reported ($1.08) earnings per share for the quarter, missing the consensus estimate of ($0.57) by ($0.51). comScore had a negative return on equity of 47.78% and a negative net margin of 19.57%. The business had revenue of $86.80 million during the quarter, compared to the consensus estimate of $89.10 million. On average, sell-side analysts expect that comScore will post 0.39 earnings per share for the current year.

Institutional Investors Weigh In On comScore

An institutional investor recently bought a new position in comScore stock. Victory Capital Management Inc. purchased a new position in comScore, Inc. (NASDAQ:SCOR) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,080 shares of the company’s stock, valued at approximately $85,000. Victory Capital Management Inc. owned approximately 0.11% of comScore at the end of the most recent quarter. Institutional investors and hedge funds own 42.15% of the company’s stock.

About comScore

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.