News articles about Presidio (NASDAQ:PSDO) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern rates the sentiment of 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. Presidio earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.7332086099299 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts have issued reports on the stock. JPMorgan Chase lowered shares of Presidio from an “overweight” rating to a “neutral” rating and set a $18.00 price target on the stock. in a research note on Friday, February 9th. Wells Fargo set a $21.00 price target on shares of Presidio and gave the company a “buy” rating in a research note on Friday, December 29th. BidaskClub downgraded shares of Presidio from a “buy” rating to a “hold” rating in a research report on Tuesday, January 16th. Barclays downgraded shares of Presidio from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $17.00 to $20.00 in a research report on Wednesday, January 17th. Finally, Evercore ISI set a $19.00 price objective on shares of Presidio and gave the company a “buy” rating in a research report on Friday, February 9th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $18.50.
Shares of PSDO opened at $16.23 on Thursday. Presidio has a one year low of $12.75 and a one year high of $19.74. The stock has a market capitalization of $1,492.28 and a PE ratio of 324.60. The company has a quick ratio of 1.01, a current ratio of 1.04 and a debt-to-equity ratio of 0.94.
Presidio (NASDAQ:PSDO) last announced its quarterly earnings data on Thursday, February 8th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). Presidio had a net margin of 4.11% and a return on equity of 9.62%. The firm had revenue of $661.60 million during the quarter, compared to the consensus estimate of $742.74 million. research analysts forecast that Presidio will post 0.54 earnings per share for the current fiscal year.
Presidio, Inc is a United States-based company, which is an information technology (IT) solutions provider. The Company’s services include strategy and consulting, solutions design and deployment, managed services, asset maintenance and support, financing services, global services and carrier connectivity.
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