News articles about Presidio (NASDAQ:PSDO) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Presidio earned a news sentiment score of 0.01 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.0224222275017 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of equities analysts have recently weighed in on PSDO shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $17.00 price target (down from $18.00) on shares of Presidio in a research note on Wednesday, September 20th. Barclays PLC lowered their price target on shares of Presidio from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Friday, September 22nd. Evercore ISI reaffirmed a “buy” rating and set a $19.00 price target on shares of Presidio in a research note on Friday, September 22nd. Finally, Zacks Investment Research cut shares of Presidio from a “hold” rating to a “sell” rating in a research note on Tuesday, October 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $17.71.
Shares of Presidio (PSDO) traded up 0.34% during midday trading on Friday, reaching $14.69. 83,676 shares of the company were exchanged. Presidio has a 52-week low of $12.75 and a 52-week high of $16.38. The firm has a market capitalization of $1.34 billion and a PE ratio of 293.80.
Presidio (NASDAQ:PSDO) last issued its quarterly earnings results on Thursday, September 21st. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.05). The business had revenue of $753.90 million for the quarter, compared to analysts’ expectations of $741.59 million. The company’s revenue was up 3.4% compared to the same quarter last year. On average, equities analysts forecast that Presidio will post $1.26 earnings per share for the current fiscal year.
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.
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