Corelogic (CLGX) Releases FY18 Earnings Guidance
Corelogic (NYSE:CLGX) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $2.45-2.65 for the period, compared to the Thomson Reuters consensus estimate of $2.57. The company issued revenue guidance of $1.825-1875 billion, compared to the consensus revenue estimate of $1.85 billion.
Corelogic (CLGX) opened at $45.21 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.69. The firm has a market capitalization of $3,733.18, a PE ratio of 22.44, a PEG ratio of 1.95 and a beta of 0.88. Corelogic has a 1-year low of $36.31 and a 1-year high of $49.30.
CLGX has been the topic of a number of research reports. BidaskClub raised Corelogic from a hold rating to a buy rating in a report on Tuesday, October 17th. Barclays reissued a buy rating and issued a $58.00 price objective on shares of Corelogic in a report on Friday, January 5th. Zacks Investment Research raised Corelogic from a sell rating to a hold rating in a report on Tuesday, January 30th. Piper Jaffray Companies reissued a hold rating and issued a $50.00 price objective on shares of Corelogic in a report on Friday, October 27th. Finally, SunTrust Banks lowered Corelogic from a buy rating to a hold rating and set a $46.00 price objective on the stock. in a report on Tuesday, November 28th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. Corelogic presently has an average rating of Hold and a consensus target price of $48.88.
Corelogic Company Profile
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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