Aegis Initiates Coverage on COMSCORE (SCOR)

Aegis initiated coverage on shares of COMSCORE (OTCMKTS:SCOR) in a report released on Thursday, The Fly reports. The brokerage set a “buy” rating and a $29.00 price target on the business services provider’s stock. Aegis’ target price indicates a potential upside of 68.12% from the stock’s previous close.

Shares of SCOR stock opened at $17.25 on Thursday. COMSCORE has a fifty-two week low of $16.85 and a fifty-two week high of $31.00. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.23.

COMSCORE (OTCMKTS:SCOR) last announced its earnings results on Thursday, August 9th. The business services provider reported ($0.32) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.10). COMSCORE had a negative net margin of 71.48% and a negative return on equity of 42.21%. The company had revenue of $101.39 million for the quarter, compared to analysts’ expectations of $102.15 million. On average, equities research analysts expect that COMSCORE will post -1.94 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. FNY Investment Advisers LLC purchased a new stake in shares of COMSCORE during the second quarter valued at $103,000. Starboard Value LP purchased a new stake in COMSCORE in the 2nd quarter worth about $218,000. Marshall Wace LLP purchased a new stake in COMSCORE in the 2nd quarter worth about $240,000. Huber Financial Advisors LLC purchased a new stake in COMSCORE in the 2nd quarter worth about $314,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in COMSCORE in the 2nd quarter worth about $327,000. 25.55% of the stock is owned by institutional investors and hedge funds.

COMSCORE Company Profile

comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms worldwide. The company offers digital audience products and services, including Media Metrix and Mobile Metrix, Video Metrix, Plan Metrix, and comScore marketing solutions, which provide person-centric insights across various devices and can capture various types of content.

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