Headlines about Triple-S Management Corporation (NYSE:GTS) have been trending somewhat positive this week, according to Accern. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Triple-S Management Corporation earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.5790102879811 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern’s analysis:
- Triple-S Management Corporation (GTS) versus Molina Healthcare (MOH) Head-To-Head Survey (americanbankingnews.com)
- Triple-S Management Corp. – Value Analysis (NYSE:GTS) : November 2, 2017 (finance.yahoo.com)
- Triple-S Management Corporation (GTS) Set to Announce Earnings on Thursday (americanbankingnews.com)
- Critical Contrast: Triple-S Management Corporation (GTS) and The Competition (americanbankingnews.com)
- Triple-S Management Corp. breached its 50 day moving average in a Bullish Manner : GTS-US : November 1, 2017 (finance.yahoo.com)
GTS has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of Triple-S Management Corporation from a “hold” rating to a “buy” rating and set a $26.00 target price for the company in a report on Tuesday, October 17th. Wells Fargo & Company upgraded shares of Triple-S Management Corporation from an “underperform” rating to a “market perform” rating and boosted their target price for the company from $16.00 to $20.00 in a report on Wednesday, August 9th. TheStreet upgraded shares of Triple-S Management Corporation from a “c” rating to a “b-” rating in a report on Thursday, August 17th. BidaskClub upgraded shares of Triple-S Management Corporation from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Finally, ValuEngine upgraded shares of Triple-S Management Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Four investment analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average target price of $23.50.
Triple-S Management Corporation (GTS) traded up $0.18 on Friday, reaching $24.20. 83,034 shares of the company’s stock traded hands, compared to its average volume of 121,788. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 0.04. Triple-S Management Corporation has a 12 month low of $15.05 and a 12 month high of $25.41. The stock has a market capitalization of $591.54, a P/E ratio of 345.71, a P/E/G ratio of 2.81 and a beta of 0.33.
Triple-S Management Corporation (NYSE:GTS) last released its quarterly earnings data on Tuesday, August 8th. The company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.18) by $0.57. Triple-S Management Corporation had a net margin of 0.63% and a return on equity of 0.19%. The company had revenue of $745.90 million during the quarter, compared to the consensus estimate of $723.25 million. During the same period in the previous year, the firm earned $0.11 earnings per share. Triple-S Management Corporation’s revenue for the quarter was down .9% on a year-over-year basis. equities research analysts anticipate that Triple-S Management Corporation will post 0.86 EPS for the current year.
Triple-S Management Corporation announced that its board has initiated a stock repurchase program on Tuesday, August 8th that allows the company to buyback $30.00 million in shares. This buyback authorization allows the company to purchase up to 6.4% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its shares are undervalued.
In other Triple-S Management Corporation news, insider Arturo Carrion sold 1,100 shares of the business’s stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $23.80, for a total transaction of $26,180.00. Following the completion of the sale, the insider now directly owns 48,663 shares in the company, valued at $1,158,179.40. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 1.52% of the stock is owned by insiders.
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About Triple-S Management Corporation
Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company’s segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors.
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