Media coverage about Triple-S Management Corporation (NYSE:GTS) has been trending somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Triple-S Management Corporation earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.4357876281429 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Triple-S Management Corporation (GTS) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Triple-S Management Corporation Reports Third Quarter 2017 Results (finance.yahoo.com)
- Triple-S Management posts 3Q profit (finance.yahoo.com)
- Triple-S Management Corporation Class B to Host Earnings Call (finance.yahoo.com)
- Edited Transcript of GTS earnings conference call or presentation 9-Nov-17 2:00pm GMT (finance.yahoo.com)
Shares of Triple-S Management Corporation (GTS) opened at $27.09 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.78 and a current ratio of 0.78. The stock has a market cap of $648.74, a PE ratio of 24.13, a price-to-earnings-growth ratio of 2.16 and a beta of 0.33. Triple-S Management Corporation has a one year low of $15.05 and a one year high of $27.61.
Triple-S Management Corporation (NYSE:GTS) last issued its quarterly earnings results on Thursday, November 9th. The company reported $0.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.59. Triple-S Management Corporation had a net margin of 1.44% and a return on equity of 3.05%. The company had revenue of $731.00 million for the quarter, compared to analyst estimates of $728.66 million. During the same period in the prior year, the firm earned ($0.26) earnings per share. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. sell-side analysts anticipate that Triple-S Management Corporation will post 1.23 EPS for the current fiscal year.
Triple-S Management Corporation declared that its Board of Directors has initiated a share buyback plan on Tuesday, August 8th that allows the company to repurchase $30.00 million in shares. This repurchase authorization allows the company to repurchase up to 6.4% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.
Several research analysts have recently commented on the company. Wells Fargo & Company upgraded Triple-S Management Corporation from an “underperform” rating to a “market perform” rating and lifted their price target for the stock from $16.00 to $20.00 in a report on Wednesday, August 9th. Zacks Investment Research upgraded Triple-S Management Corporation from a “hold” rating to a “strong-buy” rating and set a $26.00 price target on the stock in a report on Friday, August 11th. BidaskClub upgraded Triple-S Management Corporation from a “strong sell” rating to a “sell” rating in a report on Thursday, August 10th. TheStreet upgraded shares of Triple-S Management Corporation from a “c” rating to a “b-” rating in a report on Thursday, August 17th. Finally, ValuEngine upgraded shares of Triple-S Management Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Three analysts have rated the stock with a hold rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $25.50.
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Triple-S Management Corporation Company Profile
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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