Public Policy (NASDAQ:PPHC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Public Policy (NASDAQ:PPHC) from a hold rating to a buy rating in a research note published on Saturday,Wall Street Zen reports.

PPHC has been the topic of several other research reports. Canaccord Genuity Group reiterated a “buy” rating and set a $18.00 price objective on shares of Public Policy in a research note on Wednesday, July 8th. Weiss Ratings upgraded Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research note on Wednesday, July 1st. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Public Policy currently has an average rating of “Hold” and an average price target of $17.00.

Public Policy Stock Down 1.1%

PPHC stock opened at $10.84 on Friday. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60. Public Policy has a 1-year low of $7.01 and a 1-year high of $15.15. The firm has a fifty day moving average price of $9.54 and a two-hundred day moving average price of $11.32. The firm has a market cap of $327.58 million and a price-to-earnings ratio of 98.55.

Public Policy (NASDAQ:PPHC) last issued its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. Public Policy had a negative net margin of 18.85% and a negative return on equity of 0.26%. The company had revenue of $52.14 million for the quarter. Research analysts predict that Public Policy will post 0.5 EPS for the current year.

Institutional Investors Weigh In On Public Policy

A hedge fund recently bought a new stake in Public Policy stock. Ancora Advisors LLC purchased a new stake in shares of Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned 0.83% of Public Policy as of its most recent filing with the Securities and Exchange Commission (SEC).

About Public Policy

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.