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

StockNews.com initiated coverage on shares of comScore (NASDAQ:SCOR) in a report published on Sunday. The firm issued a hold rating on the stock.

comScore Stock Performance

Shares of NASDAQ:SCOR opened at $7.24 on Friday. The firm has a market cap of $35.57 million, a PE ratio of -0.33 and a beta of 1.21. The firm’s fifty day moving average is $6.69 and its 200-day moving average is $6.69. comScore has a 52 week low of $4.89 and a 52 week high of $16.41.

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

Hedge Funds Weigh In On comScore

A number of hedge funds have recently modified their holdings of the business. Clune & Associates LTD. acquired a new position in comScore in the fourth quarter valued at $740,000. Renaissance Technologies LLC lifted its holdings in comScore by 10.0% in the fourth quarter. Renaissance Technologies LLC now owns 45,436 shares of the company’s stock valued at $265,000 after buying an additional 4,115 shares during the period. Heron Bay Capital Management acquired a new position in comScore in the fourth quarter valued at $160,000. Finally, Squarepoint Ops LLC acquired a new position in comScore in the fourth quarter valued at $99,000. 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.