comScore (NASDAQ:SCOR) Raised to “Buy” at StockNews.com

Posted by on May 19th, 2023

comScore (NASDAQ:SCOR – Get Rating) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a report released on Friday.

Separately, Needham & Company LLC reaffirmed a “buy” rating and issued a $2.50 target price on shares of comScore in a research note on Wednesday, March 1st.

comScore Price Performance

SCOR stock opened at $0.92 on Friday. The firm has a 50 day moving average of $1.05 and a 200-day moving average of $1.20. comScore has a 12-month low of $0.73 and a 12-month high of $2.40. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.12. The company has a market cap of $85.59 million, a price-to-earnings ratio of -1.05 and a beta of 1.17.

comScore (NASDAQ:SCOR – Get Rating) last issued its quarterly earnings data on Tuesday, February 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.03. comScore had a negative return on equity of 15.89% and a negative net margin of 17.64%. The firm had revenue of $98.24 million during the quarter, compared to the consensus estimate of $94.94 million. As a group, equities analysts expect that comScore will post -0.24 EPS for the current fiscal year.

Hedge Funds Weigh In On comScore

A number of institutional investors have recently made changes to their positions in the business. Cerberus Capital Management L.P. bought a new stake in shares of comScore in the 3rd quarter valued at approximately $723,000. Cowen Prime Advisors LLC boosted its holdings in shares of comScore by 7.5% in the 3rd quarter. Cowen Prime Advisors LLC now owns 3,061,500 shares of the company’s stock worth $5,051,000 after acquiring an additional 213,000 shares in the last quarter. Westerly Capital Management LLC boosted its holdings in shares of comScore by 2.0% in the 3rd quarter. Westerly Capital Management LLC now owns 3,390,000 shares of the company’s stock worth $5,594,000 after acquiring an additional 65,000 shares in the last quarter. Gabelli Funds LLC boosted its holdings in shares of comScore by 206.7% in the 3rd quarter. Gabelli Funds LLC now owns 92,000 shares of the company’s stock worth $152,000 after acquiring an additional 62,000 shares in the last quarter. Finally, Samjo Capital LLC boosted its holdings in shares of comScore by 12.0% in the 3rd quarter. Samjo Capital LLC now owns 2,800,000 shares of the company’s stock worth $4,865,000 after acquiring an additional 300,000 shares in the last quarter. 55.71% of the stock is currently owned by institutional investors.

About comScore

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comScore, Inc is a global information and analytics company, which engages in the measurement of audiences, consumer behavior, and advertising across media platforms. The company was founded by Magid M. Abraham and Gian Mark Fulgoni in August 1999 and is headquartered in Reston, VA.

Further Reading

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