Media stories about Corelogic (NYSE:CLGX) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Corelogic earned a media sentiment score of 0.04 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 45.7398643346812 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s rankings:
A number of research firms have weighed in on CLGX. Barclays reiterated a “buy” rating and set a $58.00 price objective on shares of Corelogic in a research report on Friday, January 5th. Compass Point initiated coverage on shares of Corelogic in a research report on Wednesday, January 3rd. They set a “neutral” rating and a $49.00 price objective on the stock. Zacks Investment Research cut shares of Corelogic from a “hold” rating to a “sell” rating in a report on Tuesday, December 26th. SunTrust Banks cut shares of Corelogic from a “buy” rating to a “hold” rating and set a $46.00 price target on the stock. in a report on Tuesday, November 28th. Finally, BidaskClub lowered shares of Corelogic from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. Corelogic presently has an average rating of “Hold” and a consensus target price of $49.25.
Shares of Corelogic (NYSE CLGX) traded down $0.13 during trading hours on Thursday, hitting $46.19. The company had a trading volume of 275,100 shares, compared to its average volume of 485,900. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.69. The firm has a market cap of $3,800.00, a P/E ratio of 43.58, a price-to-earnings-growth ratio of 1.97 and a beta of 0.84. Corelogic has a 1 year low of $34.59 and a 1 year high of $49.30.
Corelogic (NYSE:CLGX) last issued its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $483.10 million during the quarter, compared to the consensus estimate of $490.09 million. Corelogic had a return on equity of 17.10% and a net margin of 4.86%. The company’s quarterly revenue was down 7.8% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS. sell-side analysts expect that Corelogic will post 2.04 EPS for the current year.
In other news, Director Mary Lee Widener sold 900 shares of the business’s stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $46.70, for a total transaction of $42,030.00. Following the completion of the transaction, the director now directly owns 8,434 shares of the company’s stock, valued at $393,867.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 1.20% of the company’s stock.
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Corelogic Company Profile
CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.
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