Somewhat Favorable News Coverage Somewhat Unlikely to Impact ServiceMaster (SERV) Share Price

Press coverage about ServiceMaster (NYSE:SERV) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. ServiceMaster earned a news impact score of 0.17 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 46.3538581531246 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of SERV traded up $0.11 during trading hours on Thursday, reaching $51.61. 655,720 shares of the stock traded hands, compared to its average volume of 675,200. The company has a debt-to-equity ratio of 2.26, a quick ratio of 1.02 and a current ratio of 1.06. ServiceMaster has a 52-week low of $36.34 and a 52-week high of $55.36. The stock has a market cap of $6,906.75, a price-to-earnings ratio of 24.46 and a beta of 0.95.

ServiceMaster (NYSE:SERV) last announced its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.35 EPS for the quarter, topping the consensus estimate of $0.34 by $0.01. The business had revenue of $666.00 million for the quarter, compared to analysts’ expectations of $665.27 million. ServiceMaster had a net margin of 17.51% and a return on equity of 33.21%. The business’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.44 EPS. equities research analysts predict that ServiceMaster will post 2.57 earnings per share for the current year.

A number of brokerages have recently issued reports on SERV. William Blair began coverage on shares of ServiceMaster in a research report on Monday, January 29th. They set an “outperform” rating for the company. Zacks Investment Research downgraded shares of ServiceMaster from a “buy” rating to a “hold” rating in a research report on Thursday, February 1st. Nomura raised shares of ServiceMaster from a “reduce” rating to a “buy” rating and boosted their price objective for the company from $39.00 to $69.00 in a research report on Thursday, February 15th. Instinet raised shares of ServiceMaster from a “reduce” rating to a “buy” rating in a research report on Thursday, February 15th. Finally, Morgan Stanley lowered their target price on shares of ServiceMaster from $65.00 to $62.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $53.08.

In other ServiceMaster news, insider Marvin Davis sold 4,743 shares of the business’s stock in a transaction on Friday, March 2nd. The shares were sold at an average price of $49.57, for a total value of $235,110.51. Following the sale, the insider now owns 7,959 shares in the company, valued at approximately $394,527.63. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP James T. Lucke sold 16,737 shares of the business’s stock in a transaction on Monday, March 12th. The stock was sold at an average price of $51.70, for a total transaction of $865,302.90. Following the completion of the sale, the senior vice president now owns 5,691 shares in the company, valued at approximately $294,224.70. The disclosure for this sale can be found here. 1.20% of the stock is owned by insiders.

TRADEMARK VIOLATION NOTICE: “Somewhat Favorable News Coverage Somewhat Unlikely to Impact ServiceMaster (SERV) Share Price” was published by BBNS and is owned by of BBNS. If you are viewing this story on another website, it was illegally copied and republished in violation of US & international copyright and trademark laws. The original version of this story can be read at https://baseballnewssource.com/2018/04/05/somewhat-favorable-news-coverage-somewhat-unlikely-to-impact-servicemaster-global-serv-stock-price/2027013.html.

About ServiceMaster

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

Insider Buying and Selling by Quarter for ServiceMaster (NYSE:SERV)

Receive News & Ratings for ServiceMaster Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ServiceMaster and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Tampa Bay Starting Relievers In Place of Starters
Tampa Bay Starting Relievers In Place of Starters
Teen Juan Soto Hits Home Run in First At-Bat
Teen Juan Soto Hits Home Run in First At-Bat
Ji-Man Choi Receives Another Chance in Milwaukee
Ji-Man Choi Receives Another Chance in Milwaukee
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Marlins vs Dodgers sets a 10-year record in MGM sportsbooks
Strikeouts Once Again Plaguing Cubs
Strikeouts Once Again Plaguing Cubs
Atlanta Braves: A Mix of Young and Old
Atlanta Braves: A Mix of Young and Old


Leave a Reply

 
© 2006-2018 BBNS.