Public Policy (NASDAQ:PPHC) Raised to “Buy” at Wall Street Zen

Public Policy (NASDAQ:PPHC) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Saturday.

Several other equities analysts have also issued reports on the company. Weiss Ratings raised Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research report on Wednesday, July 1st. Canaccord Genuity Group reissued a “buy” rating and set a $18.00 price objective on shares of Public Policy in a research report on Wednesday, July 8th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.00.

Public Policy Price Performance

PPHC stock opened at $10.96 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.60. The firm has a 50 day moving average price of $9.49 and a 200-day moving average price of $11.33. Public Policy has a 52-week low of $7.01 and a 52-week high of $15.15. The firm has a market capitalization of $331.21 million and a price-to-earnings ratio of 99.64.

Public Policy (NASDAQ:PPHC) last posted its quarterly earnings data on Tuesday, June 30th. The company reported $0.34 earnings per share for the quarter. The company had revenue of $52.14 million during the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%. Equities research analysts forecast that Public Policy will post 0.5 EPS for the current fiscal year.

Institutional Trading of Public Policy

A hedge fund recently bought a new stake in Public Policy stock. Ancora Advisors LLC purchased a new position in Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned 0.83% of Public Policy as of its most recent SEC filing.

Public Policy Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.