comScore (NASDAQ:SCOR) Stock Rating Upgraded by StockNews.com

BidaskClub lowered shares of comScore from a "sell" rating to a "strong sell" rating in a research report on Thursday, December 20th. ComScore upgraded to buy, BidaskClub lowers to strong sell.

In a report sent to investors and clients on Wednesday, the rating was changed from a "hold" to a "buy".

Trading on Wednesday saw a $0.04 decline, bringing the price to $0.85. Stock traded at 236,716 shares compared to the average of 275.921. comScore's one-year low is $0.73, and its one-year high is $2.40. The company's debt-to equity ratio is 0.12, its current ratio is 0.59, and its quick ratio 0.59. The company has a $79.03 million market cap, a P/E ratio of -9.7 and a Beta of 1.16. The company's 50-day moving price is $0.94, and its 200-day moving price is $1.12.

The company released its last quarterly earnings report on Tuesday, 9th May. The company's ($0.13) earnings per share for the quarter fell short of analysts' expectations ($0.09), by only ($0.04). The company reported revenue of $91.56 millions for the quarter compared with the consensus estimate $94.49million. comScore's negative return on equity was 15.89%, and its negative net margin was 17.64%. Research analysts expect comScore to post a -0.13 EPS in the current year.

Insider transactions at comScore

The company purchased 124,358 of its shares in a deal that took place on Thursday, 18th May. Stock was bought at an average of $0.88 per piece, for a total of $109,435.04. After the acquisition was completed, the director owns 3,447.619 shares, worth $3,033,904.72. Insiders own 6.90%.

Institutional investors weigh in on comScore

Recently, several hedge funds changed their holdings in the company. Cerberus Capital Management L.P. purchased a new comScore position valued at approximately $723,000 in the third quarter. Westerly Capital Management LLC raised its stake in comScore shares by 2.0% in the third-quarter. Westerly Capital Management LLC owns now 3,390,000 of the company stock valued at $5.594,000, after purchasing an additional 65,000 during the period. Acadian Asset Management LLC increased its position on comScore during the first quarter by 52.1%. Acadian Asset Management LLC owns 1,503136 shares worth $1,847,000, after purchasing an additional 514966 shares. Connor Clark & Lunn Investment Management Ltd. purchased a stake in comScore worth about $25,000 during the first quarter. Jacob Asset Management of New York LLC grew their holdings in comScore during the first quarter by 19.3%. Jacob Asset Management of New York LLC owns 1,296,100 of the company’s stock, worth $1.594,000. This is after purchasing an additional 210,000 during the last quarter. Institutional investors and hedge fund own 55.71 % of the stock.

About comScore

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comScore, Inc is an information and analytics firm that measures audiences, consumer behaviors, and advertising across all media platforms, including those in the United States, Europe, Latin America, Canada, as well as internationally. It provides ratings and planning services including Media Metrix and Mobile Metrix which measure websites and apps across computers, smartphones and tablets. Other products include Plan Metrix which gives an understanding of consumer behavior; Total Home Panel Suite which measures OTT, connected television, and IOT devices usage and content consumption.

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