CoreLogic (NYSE:CLGX) Getting Somewhat Positive Press Coverage, Analysis Shows
Media headlines about CoreLogic (NYSE:CLGX) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CoreLogic earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.3759187923993 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- CoreLogic, Inc. (CLGX) Director Paul F. Folino Sells 1,750 Shares (americanbankingnews.com)
- IHS Markit Score downgrades Corelogic Inc to 65 out of 100, ranking positively in two out of three available IHS Markit categories. (finance.yahoo.com)
- CoreLogic Completes Acquisition of Mercury Network, LLC (finance.yahoo.com)
- [$$] Serent Sells Mercury Network to CoreLogic (finance.yahoo.com)
- CORELOGIC : INTRODUCES SELF-SERVICE ACCESS TO CONDOSAFE (4-traders.com)
CoreLogic (NYSE CLGX) opened at 44.72 on Friday. The stock has a market capitalization of $3.77 billion, a P/E ratio of 41.07 and a beta of 0.97. The firm’s 50-day moving average is $44.15 and its 200-day moving average is $41.37. CoreLogic has a 12 month low of $34.59 and a 12 month high of $45.99.
CoreLogic (NYSE:CLGX) last announced its quarterly earnings results on Tuesday, July 25th. The business services provider reported $0.72 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.06. CoreLogic had a return on equity of 17.07% and a net margin of 4.99%. The company had revenue of $473.98 million during the quarter, compared to the consensus estimate of $478.72 million. During the same period in the previous year, the company posted $0.65 earnings per share. CoreLogic’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, equities analysts expect that CoreLogic will post $2.33 earnings per share for the current fiscal year.
A number of research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of CoreLogic from a “buy” rating to a “hold” rating in a research report on Thursday, August 3rd. Keefe, Bruyette & Woods reissued a “hold” rating and set a $46.00 price objective on shares of CoreLogic in a research report on Thursday, July 27th. Oppenheimer Holdings, Inc. boosted their price objective on shares of CoreLogic from $45.00 to $50.00 and gave the company an “outperform” rating in a research report on Thursday, July 27th. BidaskClub downgraded shares of CoreLogic from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, Robert W. Baird boosted their price objective on shares of CoreLogic from $42.00 to $44.00 and gave the company a “neutral” rating in a research report on Tuesday, June 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $45.00.
In other CoreLogic news, Director Paul F. Folino sold 1,750 shares of the business’s stock in a transaction that occurred on Wednesday, August 9th. The stock was sold at an average price of $45.24, for a total value of $79,170.00. Following the completion of the transaction, the director now directly owns 9,462 shares of the company’s stock, valued at $428,060.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J David Chatham sold 3,760 shares of the business’s stock in a transaction that occurred on Friday, May 19th. The shares were sold at an average price of $42.00, for a total value of $157,920.00. Following the completion of the transaction, the director now directly owns 4,770 shares of the company’s stock, valued at $200,340. The disclosure for this sale can be found here. Insiders sold 12,410 shares of company stock valued at $540,854 over the last three months. 1.20% of the stock is currently owned by corporate insiders.
CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.
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