Cogint, Inc. (NASDAQ:COGT) has received a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the stock, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.
Brokerages have set a one year consensus price target of $6.88 for the company and are predicting that the company will post ($0.16) EPS for the current quarter, according to Zacks. Zacks has also assigned Cogint an industry rank of 96 out of 265 based on the ratings given to related companies.
COGT has been the topic of several research reports. Zacks Investment Research downgraded Cogint from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. Chardan Capital restated a “buy” rating and issued a $7.00 target price (down previously from $12.50) on shares of Cogint in a research report on Thursday, November 9th.
A number of institutional investors have recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in Cogint by 31.5% during the second quarter. Bank of New York Mellon Corp now owns 99,206 shares of the technology company’s stock worth $500,000 after buying an additional 23,769 shares in the last quarter. Virtu Financial LLC purchased a new position in Cogint during the fourth quarter worth approximately $303,000. Finally, Deutsche Bank AG lifted its position in Cogint by 141.0% during the fourth quarter. Deutsche Bank AG now owns 45,423 shares of the technology company’s stock worth $199,000 after buying an additional 26,579 shares in the last quarter. Hedge funds and other institutional investors own 8.05% of the company’s stock.
Cogint (COGT) opened at $3.35 on Monday. The stock has a market capitalization of $206.41, a P/E ratio of -3.53 and a beta of 0.12. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29. Cogint has a 1 year low of $2.60 and a 1 year high of $6.95.
Cogint Company Profile
IDI, Inc, formerly Tiger Media, Inc, is a data and analytics company providing information and marketing solutions to businesses in a range of industries. The Company operates through two segments: Information Services and Performance Marketing. The Company serves the risk management and the consumer marketing industries through its consolidated subsidiaries, Interactive Data, LLC and Fluent, LLC, respectively.
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