Cogint (NASDAQ:COGT) Getting Somewhat Favorable Media Coverage, Analysis Finds

Media stories about Cogint (NASDAQ:COGT) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cogint earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 44.6470093300831 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

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

A number of research analysts have recently issued reports on the company. Zacks Investment Research upgraded Cogint from a “hold” rating to a “buy” rating and set a $4.00 price target on the stock in a report on Friday, March 16th. Chardan Capital set a $7.00 price target on Cogint and gave the company a “buy” rating in a report on Tuesday, February 27th. ValuEngine downgraded Cogint from a “sell” rating to a “strong sell” rating in a research note on Thursday, March 1st. Finally, Barrington Research restated a “buy” rating and set a $4.00 target price on shares of Cogint in a research note on Monday, February 26th. One equities research analyst has rated the stock with a sell rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $5.75.

Shares of COGT opened at $2.50 on Friday. Cogint has a one year low of $2.20 and a one year high of $52.13. The company has a quick ratio of 1.74, a current ratio of 1.74 and a debt-to-equity ratio of 0.27. The stock has a market cap of $172.94, a price-to-earnings ratio of -3.47 and a beta of 0.12.

Cogint (NASDAQ:COGT) last issued its quarterly earnings data on Wednesday, March 14th. The technology company reported ($0.10) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.10. The business had revenue of $59.23 million during the quarter, compared to analysts’ expectations of $60.93 million. Cogint had a negative return on equity of 18.16% and a negative net margin of 24.16%. equities research analysts expect that Cogint will post -0.27 earnings per share for the current year.

In related news, CEO Ryan Schulke acquired 100,000 shares of the firm’s stock in a transaction dated Tuesday, February 13th. The stock was acquired at an average price of $2.93 per share, with a total value of $293,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, President Matthew Conlin acquired 13,100 shares of the firm’s stock in a transaction dated Wednesday, March 28th. The stock was bought at an average cost of $2.60 per share, with a total value of $34,060.00. Following the acquisition, the president now owns 4,437,980 shares in the company, valued at $11,538,748. The disclosure for this purchase can be found here. In the last three months, insiders bought 235,100 shares of company stock valued at $647,460. Insiders own 53.30% of the company’s stock.

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About Cogint

Cogint, Inc, a data and analytics company, provides cloud-based information and performance marketing solutions to enterprises in various industries in the United States. It operates in two segments, Information Services and Performance Marketing. The Information Services segment provides solutions to organizations in the risk management and consumer marketing industries.

Insider Buying and Selling by Quarter for Cogint (NASDAQ:COGT)

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