comScore (NASDAQ:SCOR) Now Covered by StockNews.com

Research analysts at StockNews.com initiated coverage on shares of comScore (NASDAQ:SCOR) in a research report issued on Saturday. The brokerage set a “hold” rating on the stock.

comScore Stock Performance

SCOR stock opened at $6.00 on Friday. The company has a market capitalization of $29.35 million, a P/E ratio of -0.28 and a beta of 1.21. comScore has a 52-week low of $4.89 and a 52-week high of $16.53. The business has a 50-day simple moving average of $6.66 and a two-hundred day simple moving average of $6.71.

comScore (NASDAQ:SCOR) last released its quarterly earnings results on Tuesday, March 4th. The company reported ($0.27) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.63). The company had revenue of $94.94 million for the quarter, compared to analyst estimates of $91.66 million. comScore had a negative net margin of 25.77% and a negative return on equity of 243.87%. During the same quarter last year, the firm posted $1.03 EPS. As a group, sell-side analysts forecast that comScore will post -2.49 earnings per share for the current fiscal year.

Hedge Funds Weigh In On comScore

A number of hedge funds and other institutional investors have recently modified their holdings of SCOR. Heron Bay Capital Management purchased a new position in shares of comScore in the 4th quarter worth approximately $160,000. Clune & Associates LTD. purchased a new position in shares of comScore in the 4th quarter worth approximately $740,000. Renaissance Technologies LLC boosted its stake in shares of comScore by 10.0% in the 4th quarter. Renaissance Technologies LLC now owns 45,436 shares of the company’s stock worth $265,000 after buying an additional 4,115 shares during the last quarter. Finally, Squarepoint Ops LLC purchased a new position in shares of comScore in the 4th quarter worth approximately $99,000. Hedge funds and other institutional investors own 42.15% of the company’s stock.

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.