comScore (NASDAQ:SCOR) Earns Buy Rating from Needham & Company LLC

Needham & Company LLC restated their buy rating on shares of comScore (NASDAQ:SCOR) in a report issued on Tuesday, Benzinga reports. Needham & Company LLC currently has a $25.00 price objective on the stock.

Several other equities analysts have also issued reports on the stock. Craig Hallum decreased their price target on shares of comScore from $24.00 to $18.00 and set a buy rating for the company in a report on Wednesday, May 8th. StockNews.com cut comScore from a buy rating to a hold rating in a research note on Friday, March 8th.

comScore Price Performance

NASDAQ:SCOR opened at $13.48 on Tuesday. comScore has a 1-year low of $9.60 and a 1-year high of $20.97. The business’s 50-day moving average price is $14.74 and its two-hundred day moving average price is $15.81.

comScore (NASDAQ:SCOR) last announced its quarterly earnings results on Wednesday, March 6th. The company reported ($6.69) earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($7.49). The firm had revenue of $95.10 million during the quarter, compared to analyst estimates of $97.50 million. comScore had a negative net margin of 19.57% and a negative return on equity of 47.78%. Analysts predict that comScore will post 0.39 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in comScore by 1.2% in the 1st quarter. Vanguard Group Inc. now owns 174,826 shares of the company’s stock valued at $2,692,000 after acquiring an additional 2,121 shares in the last quarter. Victory Capital Management Inc. acquired a new stake in shares of comScore in the 4th quarter valued at about $85,000. Acadian Asset Management LLC lifted its holdings in shares of comScore by 7.1% in the third quarter. Acadian Asset Management LLC now owns 1,776,496 shares of the company’s stock valued at $1,089,000 after purchasing an additional 118,127 shares in the last quarter. Finally, Gabelli Funds LLC boosted its position in shares of comScore by 30.5% during the third quarter. Gabelli Funds LLC now owns 77,000 shares of the company’s stock worth $47,000 after buying an additional 18,000 shares during the period. Institutional investors and hedge funds own 42.15% of the company’s stock.

comScore Company Profile

comScore, Inc operates as an information and analytics company that measures audiences, consumer behavior, and advertising across media platforms in the United States, Europe, Latin America, Canada, and internationally. The company provides digital ad solutions, including Media Metrix Multi-Platform and Mobile Metrix, which measure websites and applications on computers, smartphones, and tablets; Video Metrix that delivers measurement of digital video consumption; Plan Metrix, which offers understanding of consumer lifestyle; Total Home Panel Suite, which capture OTT, connected TV, and IOT device usage and content consumption; CCR, which enhances validated campaign essentials verification of mobile and desktop video campaigns; XMedia Enhanced, which provides a deduplicated view of national programming content; Comscore marketing solutions; Lift Models, which measures the impact of advertising on a brand; Survey Analytics, which measure various consumer insights including brand health metrics; and Activation Solutions, including audience activation and content activation.