Triple-S Management Corp. (NYSE:GTS) has been given an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation.
Analysts have set a 1-year consensus price target of $25.00 for the company and are expecting that the company will post $0.27 EPS for the current quarter, according to Zacks. Zacks has also assigned Triple-S Management an industry rank of 26 out of 265 based on the ratings given to related companies.
Several research firms have issued reports on GTS. ValuEngine raised Triple-S Management from a “hold” rating to a “buy” rating in a report on Monday, November 27th. Zacks Investment Research raised Triple-S Management from a “hold” rating to a “strong-buy” rating and set a $31.00 price target on the stock in a report on Friday, November 10th.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its position in Triple-S Management by 19.3% during the 2nd quarter. Goldman Sachs Group Inc. now owns 126,318 shares of the company’s stock worth $2,136,000 after purchasing an additional 20,400 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in shares of Triple-S Management by 7.4% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 69,669 shares of the company’s stock valued at $1,178,000 after acquiring an additional 4,802 shares in the last quarter. Chicago Equity Partners LLC purchased a new position in shares of Triple-S Management during the 3rd quarter valued at $1,393,000. Prudential Financial Inc. purchased a new position in shares of Triple-S Management during the 3rd quarter valued at $987,000. Finally, TIAA CREF Investment Management LLC grew its holdings in shares of Triple-S Management by 5.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 175,373 shares of the company’s stock valued at $2,966,000 after acquiring an additional 8,933 shares in the last quarter. Hedge funds and other institutional investors own 84.79% of the company’s stock.
Triple-S Management (GTS) opened at $24.46 on Thursday. The stock has a market capitalization of $586.08, a price-to-earnings ratio of 13.98, a price-to-earnings-growth ratio of 1.34 and a beta of 0.40. Triple-S Management has a twelve month low of $15.05 and a twelve month high of $29.43. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.78 and a quick ratio of 0.78.
Triple-S Management (NYSE:GTS) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.59. The company had revenue of $731.00 million for the quarter, compared to analysts’ expectations of $728.66 million. Triple-S Management had a return on equity of 3.05% and a net margin of 1.44%. The firm’s revenue was down 1.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.26) earnings per share. equities research analysts forecast that Triple-S Management will post 1.23 EPS for the current fiscal year.
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About Triple-S Management
Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company’s segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors.
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