ServiceMaster Global Holdings (SERV) Receiving Somewhat Favorable Press Coverage, Report Finds
News headlines about ServiceMaster Global Holdings (NYSE:SERV) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ServiceMaster Global Holdings earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 46.5456202582057 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s analysis:
- ServiceMaster Global Holdings, (NYSE:SERV) Trading Down – Insiders Selling, Short Interest Growing (highlightpress.com)
- Memphis exec named board chair of local Girl Scouts (finance.yahoo.com)
- ServiceMaster Global Holdings, Inc. (SERV) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com)
- ServiceMaster Global Holdings, Inc. (NYSE:SERV) SVP James T. Lucke Sells 9,230 Shares (americanbankingnews.com)
- Timothy M. Haynes Sells 45,623 Shares of ServiceMaster Global Holdings, Inc. (SERV) Stock (americanbankingnews.com)
Several brokerages recently commented on SERV. Credit Suisse Group restated an “outperform” rating and set a $52.00 target price (up previously from $47.00) on shares of ServiceMaster Global Holdings in a report on Tuesday, August 1st. BidaskClub cut shares of ServiceMaster Global Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 27th. Instinet increased their target price on shares of ServiceMaster Global Holdings from $30.00 to $32.00 and gave the stock a “reduce” rating in a report on Thursday, May 25th. Royal Bank Of Canada restated a “buy” rating and set a $44.00 target price on shares of ServiceMaster Global Holdings in a report on Tuesday, June 27th. Finally, Morgan Stanley restated an “overweight” rating and set a $48.00 target price on shares of ServiceMaster Global Holdings in a report on Friday, June 23rd. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $43.57.
Shares of ServiceMaster Global Holdings (NYSE:SERV) opened at 44.60 on Friday. ServiceMaster Global Holdings has a 52 week low of $32.41 and a 52 week high of $45.13. The firm has a 50-day moving average of $39.89 and a 200-day moving average of $39.22. The firm has a market cap of $5.95 billion, a PE ratio of 27.20 and a beta of 1.05.
ServiceMaster Global Holdings (NYSE:SERV) last announced its quarterly earnings results on Monday, July 31st. The business services provider reported $0.69 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.69. The business had revenue of $807 million during the quarter, compared to analyst estimates of $806.64 million. ServiceMaster Global Holdings had a net margin of 7.92% and a return on equity of 40.74%. ServiceMaster Global Holdings’s quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.67 EPS. On average, analysts expect that ServiceMaster Global Holdings will post $2.04 EPS for the current year.
In other news, CEO Robert J. Gillette sold 1,142,961 shares of the company’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $42.58, for a total value of $48,667,279.38. Following the completion of the sale, the chief executive officer now owns 642,022 shares in the company, valued at approximately $27,337,296.76. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP James T. Lucke sold 9,230 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $43.77, for a total transaction of $403,997.10. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,197,814 shares of company stock valued at $51,100,588. Company insiders own 1.20% of the company’s stock.
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ServiceMaster Global Holdings Company Profile
ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.
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