Media stories about Triple-S Management (NYSE:GTS) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Triple-S Management earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.5333367945832 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Triple-S Management (NYSE:GTS) traded down $0.42 during trading hours on Friday, hitting $24.29. The stock had a trading volume of 70,200 shares, compared to its average volume of 93,975. The stock has a market capitalization of $590.59, a P/E ratio of 13.88, a P/E/G ratio of 1.31 and a beta of 0.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78. Triple-S Management has a twelve month low of $15.05 and a twelve month high of $29.43.
Triple-S Management (NYSE:GTS) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.77 EPS for the quarter, beating the Zacks’ consensus estimate of $0.18 by $0.59. The business had revenue of $731.00 million during the quarter, compared to the consensus estimate of $728.66 million. Triple-S Management had a return on equity of 3.05% and a net margin of 1.44%. The business’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.26) earnings per share. research analysts forecast that Triple-S Management will post 1.23 earnings per share for the current year.
Several equities analysts have weighed in on the company. Zacks Investment Research downgraded Triple-S Management from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 11th. ValuEngine raised Triple-S Management from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Triple-S Management currently has an average rating of “Hold” and an average target price of $25.50.
In related news, insider Iraida T. Ojeda-Castro sold 1,667 shares of Triple-S Management stock in a transaction on Monday, November 27th. The stock was sold at an average price of $27.51, for a total value of $45,859.17. Following the transaction, the insider now owns 8,445 shares in the company, valued at $232,321.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.52% of the stock is currently owned by company insiders.
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About Triple-S Management
Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company’s segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors.
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