Presidio (PSDO) Given News Impact Rating of -0.02

News articles about Presidio (NASDAQ:PSDO) have trended somewhat negative this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Presidio earned a daily sentiment score of -0.02 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.329079633863 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Presidio (NASDAQ PSDO) opened at $15.43 on Thursday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.03 and a quick ratio of 1.00. Presidio has a 12 month low of $12.75 and a 12 month high of $16.90.

Presidio (NASDAQ:PSDO) last released its quarterly earnings data on Thursday, September 21st. The company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.16 by ($0.05). The business had revenue of $753.90 million during the quarter, compared to the consensus estimate of $741.59 million. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. sell-side analysts predict that Presidio will post 0.64 earnings per share for the current year.

A number of brokerages have recently issued reports on PSDO. Barclays lifted their price target on Presidio from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 7th. Zacks Investment Research raised Presidio from a “sell” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Wednesday, November 22nd. Evercore ISI reaffirmed a “buy” rating and issued a $19.00 price target on shares of Presidio in a research note on Friday, September 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $17.00 price target (down from $18.00) on shares of Presidio in a research note on Wednesday, September 20th. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Presidio presently has a consensus rating of “Buy” and an average target price of $17.75.

In other Presidio news, major shareholder Apollo Management Holdings Gp, sold 9,200,000 shares of the business’s stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $13.61, for a total transaction of $125,212,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.70% of the company’s stock.

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Presidio Company Profile

Presidio, Inc is a United States-based company, which is an information technology (IT) solutions provider. The Company’s services include strategy and consulting, solutions design and deployment, managed services, asset maintenance and support, financing services, global services and carrier connectivity.

Insider Buying and Selling by Quarter for Presidio (NASDAQ:PSDO)

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