COMSCORE (SCOR) was Downgraded by Susquehanna to ” Neutral”. Earlier the firm had a rating of “Positive ” on the company shares. Susquehanna advised their investors in a research report released on Jun 29, 2016.
Many Wall Street Analysts have commented on COMSCORE. Shares were Downgraded by Telsey Advisory Group on Jun 28, 2016 to ” Market Perform” and Lowered the Price Target to $ 35 from a previous price target of $60 .
On the company’s financial health, COMSCORE reported $0.48 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $0.44. The company had revenue of $97.67 million for the quarter, compared to analysts expectations of $99.01 million. The company’s revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.
COMSCORE closed down -0.98 points or -3.23% at $29.4 with 7,51,880 shares getting traded on Monday. Post opening the session at $30.13, the shares hit an intraday low of $28.42 and an intraday high of $30.205 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Feb 10, 2016, Cameron Meierhoefer (Chief Operating Officer) sold 1,200 shares at $35.36 per share price. According to the SEC, on Jan 29, 2016, Christiana L Lin (General Counsel) sold 500 shares at $42.64 per share price. On Nov 3, 2015, Michael Andrew Brown (Chief Technology Officer) sold 400 shares at $42.98 per share price, according to the Form-4 filing with the securities and exchange commission.
comScore Inc. provides data metrics products and services to clients in the media advertising and marketing industries. The Companys technology measures consumer interactions with digital media including Web sites apps video programming and advertising. Its platforms provide products organized around three lines of business Audience Measurement Products & Services which measures the size behavior and characteristics of online audiences across multiple platforms including PCs tablets smartphones televisions game consoles and other connected devices; Advertising Products & Services which provides solutions for planning and evaluation of digital advertising performance and Enterprise solutions enables customers to use digital media analytics. Its customers include Internet-based companies investment banks creative media agencies consumer banks wireless carriers pharmaceutical manufacturers and consumer packaged goods companies.