comScore (NASDAQ:SCOR) Coverage Initiated by Analysts at StockNews.com

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

comScore Stock Down 7.4 %

Shares of SCOR stock opened at $4.85 on Friday. The stock has a market cap of $23.83 million, a P/E ratio of -0.22 and a beta of 1.19. The company’s fifty day simple moving average is $5.74 and its two-hundred day simple moving average is $6.39. comScore has a 52 week low of $4.59 and a 52 week high of $15.69.

comScore (NASDAQ:SCOR) last announced 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 firm had revenue of $94.94 million for the quarter, compared to the consensus estimate of $91.66 million. comScore had a negative net margin of 25.77% and a negative return on equity of 243.87%. During the same period in the previous year, the company posted $1.03 earnings per share. On average, analysts anticipate that comScore will post -2.49 EPS for the current fiscal year.

Hedge Funds Weigh In On comScore

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Renaissance Technologies LLC lifted its holdings in shares of comScore by 10.0% in the 4th quarter. Renaissance Technologies LLC now owns 45,436 shares of the company’s stock valued at $265,000 after acquiring an additional 4,115 shares during the last quarter. Clune & Associates LTD. bought a new stake in shares of comScore in the 4th quarter valued at approximately $740,000. Heron Bay Capital Management purchased a new position in shares of comScore in the 4th quarter worth approximately $160,000. Finally, Squarepoint Ops LLC bought a new position in shares of comScore during the 4th quarter valued at approximately $99,000. 42.15% of the stock is owned by hedge funds and other institutional investors.

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.