Eagle Bulk Shipping Inc. (NASDAQ:EGLE) And comScore Inc. (NASDAQ:SCOR)

The shares of Eagle Bulk Shipping Inc. (NASDAQ:EGLE) has been pegged with a rating of Hold by DNB Markets in its latest research note that was published on March 09, 2020. The Services company has also assigned a $4.10 price target. DNB Markets wasn’t the only research firm that published a report of Eagle Bulk Shipping Inc., with other equities research analysts also giving their opinion on the stock. Jefferies advised investors in its research note published on September 03, 2019, to Buy the EGLE stock while also putting a $6 price target. The stock had earned Buy rating from B. Riley FBR Markets when it published its report on October 04, 2018. That day the B. Riley FBR set price target on the stock to $8.50. The stock was given Buy rating by Maxim Group in its report released on July 25, 2018, the day when the price target on the stock was placed at 7.50. Morgan Stanley was of a view that EGLE is Equal-Weight in its latest report on June 18, 2018. Evercore ISI thinks that EGLE is worth Outperform rating. This was contained in the firm’s report on May 29, 2018 in which the stock’s price target was also moved to 7.50.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $5.29. The price of the stock the last time has raised by 0.00% from its 52-Week high price while it is -73.13% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 28.20.

The shares of the company dipped by -17.62% during the trading session on Wednesday, reaching a low of $1.52 while ending the day at $1.59. During the trading session, a total of 972573.0 shares were traded which represents a -99.87% decline from the average session volume which is 486600.0 shares. EGLE had ended its last session trading at $1.93. Eagle Bulk Shipping Inc. debt-to-equity ratio currently stands at 0.85, while its quick ratio hovers at 1.20 EGLE 52-week low price stands at $1.59 while its 52-week high price is $5.92.

The company in its last quarterly report recorded -$0.14 earnings per share which is below the predicted by most analysts. The Eagle Bulk Shipping Inc. generated 59.05 million in revenue during the last quarter. In the second quarter last year, the firm recorded -$0.06 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 78.57%. Eagle Bulk Shipping Inc. has the potential to record 0.22 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Aegis Capital published a research note on February 28, 2020 where it informed investors and clients that comScore Inc. (NASDAQ:SCOR) is now rated as Buy. Their price target on the stock stands at $8. Needham also rated SCOR as Reiterated on May 10, 2019, with its price target of $15 suggesting that SCOR could surge by 56.98% from its current share price. Even though the stock has been trading at $2.96/share, analysts expect it to down by -22.97% to reach $5.30/share. It started the day trading at $2.89 and traded between $2.15 and $2.28 throughout the trading session.

A look at its technical shows that SCOR’s 50-day SMA is 3.96 while its 200-day SMA stands at 3.82. The stock has a high of $22.24 for the year while the low is $1.43. The stock, however, witnessed a rise in its short on 02/28/20. Compared to previous close which recorded 4.74 M shorted shares, the short percentage went higher by 8.59%, as 5.15M EGLE shares were shorted. At the moment, only 8.27% of comScore Inc. shares were sold short. The company’s average trading volume currently stands at 642.52K shares, which means that the short-interest ratio is just 7.38 days. Over the past seven days, the company moved, with its shift of -14.93%. Looking further, the stock has dropped -51.33% over the past 90 days while it gained 8.57% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The PRIMECAP Management Co. sold more SCOR shares, decreasing its portfolio by -4.80% during the last quarter. This move now sees The PRIMECAP Management Co. selling -397,172 shares in the last quarter, thus it now holds 7,870,285 shares of SCOR, with a total valuation of $27,545,998. Tenzing Global Management LLC meanwhile bought more SCOR shares in the recently filed quarter, changing its stake to $11,725,000 worth of shares.

Similarly, BlackRock Fund Advisors increased its comScore Inc. shares by 1.64% during the recently filed quarter. After buying 3,110,698 shares in the last quarter, the firm now controls 50,166 shares of comScore Inc. which are valued at $10,887,443. In the same vein, Starboard Value LP increased its comScore Inc. shares by during the most recent reported quarter. The firm bought 2,957,579 shares during the quarter which increased its stakes to 2,982,386 shares and is now valued at $10,438,351. Following these latest developments, around 1.60% of comScore Inc. stocks are owned by institutional investors and hedge funds.

error: Content is protected !!