comScore (NASDAQ:SCOR) Downgraded by StockNews.com

StockNews.com cut shares of comScore (NASDAQ:SCOR) from a buy rating to a hold rating in a research report sent to investors on Monday morning.

Other equities analysts have also issued reports about the stock. Craig Hallum reiterated a “hold” rating and issued a $8.00 price target (down from $18.00) on shares of comScore in a research note on Thursday, August 29th. Needham & Company LLC dropped their price target on shares of comScore from $17.00 to $13.50 and set a “buy” rating on the stock in a research note on Wednesday, August 7th.

comScore Stock Performance

SCOR stock opened at $6.75 on Monday. The company’s 50 day moving average price is $6.99 and its 200 day moving average price is $11.51. comScore has a fifty-two week low of $6.12 and a fifty-two week high of $20.97. The firm has a market capitalization of $32.63 million, a price-to-earnings ratio of -0.37 and a beta of 1.09.

comScore (NASDAQ:SCOR) last released its earnings results on Tuesday, August 6th. The company reported ($1.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($1.01). The firm had revenue of $85.84 million for the quarter, compared to analysts’ expectations of $88.70 million. comScore had a negative return on equity of 47.80% and a negative net margin of 7.96%. During the same quarter in the previous year, the company posted ($2.20) earnings per share. Equities analysts forecast that comScore will post -2.85 EPS for the current fiscal year.

Institutional Investors Weigh In On comScore

An institutional investor recently raised its position in comScore stock. Vanguard Group Inc. grew its position in comScore, Inc. (NASDAQ:SCOR) by 1.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 174,826 shares of the company’s stock after acquiring an additional 2,121 shares during the quarter. Vanguard Group Inc. owned about 3.63% of comScore worth $2,692,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 42.15% of the company’s stock.

comScore Company Profile

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.