Servicemaster Global Holdings Inc (SERV) is Downgraded by Nomura to Reduce

Servicemaster Global Holdings Inc (SERV) was Downgraded by Nomura to ” Reduce”. Earlier the firm had a rating of “Neutral ” on the company shares. Nomura advised their investors in a research report released on Sep 19, 2016.

Many Wall Street Analysts have commented on Servicemaster Global Holdings Inc. Servicemaster Global Holdings Inc was Downgraded by Nomura to ” Reduce” on Sep 19, 2016.

On the company’s financial health, Servicemaster Global Holdings Inc reported $0.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 28, 2016. Analyst had a consensus of $0.65. The company had revenue of $747.00 million for the quarter, compared to analysts expectations of $768.05 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 EPS.

Servicemaster Global Holdings Inc opened for trading at $36.11 and hit $36.41 on the upside on Friday, eventually ending the session at $36.16, with a gain of 0.03% or 0.01 points. The heightened volatility saw the trading volume jump to 694,300 shares. Company has a market cap of $4,900 M.

In a different news, on Aug 12, 2016, James T Lucke (SVP, General Counsel & Sec.) sold 5,199 shares at $38.00 per share price. According to the SEC, on May 12, 2016, Susan Hunsberger (SVP, Human Resources) sold 20,000 shares at $36.06 per share price. On Mar 14, 2016, Mark J Barry (Chief Marketing & Strategy Ofc) sold 61,084 shares at $38.61 per share price, according to the Form-4 filing with the securities and exchange commission.

ServiceMaster Global Holdings Inc. is a holding company. The Company is a provider of residential and commercial services operating through a service network of more than 8000 company owned locations and franchise and license agreements. The Company’s services include termite and pest control home warranties disaster restoration janitorial residential cleaning furniture repair and home inspection. Its portfolio of brands includes Terminix American Home Shield ServiceMaster Restore ServiceMaster Clean Merry Maids Furniture Medic and AmeriSpec. The Company’s segments include Terminix American Home Shield and the Franchise Services Group. The Terminix segment is a provider of termite and pest control services. The American Home Shield segment is a provider of home warranty plans for household systems and appliances. The Franchise Services Group segment provides residential and commercial disaster restoration janitorial and cleaning services through franchises.

Servicemaster Global Holdings Inc

Leave a Reply

Servicemaster Global Holdings Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Servicemaster Global Holdings Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.