Core-Mark (CORE) – Research Analysts’ Recent Ratings Changes

Core-Mark (NASDAQ: CORE) has recently received a number of price target changes and ratings updates:

  • 3/9/2018 – Core-Mark was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Core-Mark Holding Company, Inc.is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. Core-Mark Holding Company, Inc.is one of the largest marketers of fresh and broad-line supply solutions to the convenience retail industry in North America. Core-Mark offers a full range of products, marketing programs, and technology solutions. Core-Mark services traditional convenience retailers, grocers, drug, liquor and specialty stores, and other stores that carry convenience products. “
  • 3/6/2018 – Core-Mark was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 3/2/2018 – Core-Mark was given a new $23.00 price target on by analysts at Stephens. They now have a “hold” rating on the stock.
  • 3/2/2018 – Core-Mark was given a new $23.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 3/1/2018 – Core-Mark was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 3/1/2018 – Core-Mark had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $23.00 price target on the stock.
  • 1/31/2018 – Core-Mark was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) opened at $22.35 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.06 and a debt-to-equity ratio of 0.92. The company has a market capitalization of $1,042.48, a P/E ratio of 31.04, a PEG ratio of 1.70 and a beta of 0.65. Core-Mark Holding Company, Inc. has a 52-week low of $19.53 and a 52-week high of $38.37.

How to Become a New Pot Stock Millionaire

Core-Mark (NASDAQ:CORE) last posted its earnings results on Thursday, March 1st. The business services provider reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. The firm had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.09 billion. Core-Mark had a return on equity of 8.84% and a net margin of 0.21%. The company’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.45 EPS. sell-side analysts predict that Core-Mark Holding Company, Inc. will post 1.21 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Monday, March 12th will be given a $0.10 dividend. The ex-dividend date is Friday, March 9th. This represents a $0.40 dividend on an annualized basis and a yield of 1.79%. Core-Mark’s dividend payout ratio is presently 55.56%.

Core-Mark Holding Company, Inc is a wholesale distributor to the convenience retail industry in North America. The Company provides sales, marketing, distribution and logistics services. As of December 31, 2016, the Company offered services to over 43,000 customer locations across the United States and Canada through 30 distribution centers.

Receive News & Ratings for Core-Mark Holding Company Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Core-Mark Holding Company Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply