News coverage about Civitas Solutions (NYSE:CIVI) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Civitas Solutions earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.1490058023044 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Civitas Solutions, Inc. breached its 50 day moving average in a Bullish Manner : CIVI-US : September 11, 2017 (finance.yahoo.com)
- Civitas Solutions, Inc. (CIVI) Expected to Post Earnings of $0.22 Per Share (americanbankingnews.com)
- Civitas Solutions, Inc. (CIVI) CFO Denis M. Holler Sells 6,433 Shares (americanbankingnews.com)
- Denis M. Holler Sells 3,897 Shares of Civitas Solutions, Inc. (CIVI) Stock (americanbankingnews.com)
Shares of Civitas Solutions (NYSE:CIVI) opened at 18.40 on Tuesday. Civitas Solutions has a 12 month low of $15.40 and a 12 month high of $20.98. The company’s 50 day moving average price is $18.11 and its 200 day moving average price is $17.66. The stock has a market capitalization of $687.46 million, a PE ratio of 35.38 and a beta of 0.43.
Civitas Solutions (NYSE:CIVI) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.01. Civitas Solutions had a return on equity of 17.01% and a net margin of 1.35%. The firm had revenue of $377.80 million during the quarter, compared to the consensus estimate of $376.51 million. During the same period last year, the business posted $0.13 EPS. Civitas Solutions’s quarterly revenue was up 5.4% on a year-over-year basis. Equities analysts anticipate that Civitas Solutions will post $0.68 earnings per share for the current fiscal year.
Several brokerages recently commented on CIVI. Zacks Investment Research cut Civitas Solutions from a “hold” rating to a “sell” rating in a research report on Friday, August 11th. BidaskClub upgraded Civitas Solutions from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $23.50.
In other Civitas Solutions news, insider Renzo Linda De sold 10,000 shares of the firm’s stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $18.83, for a total transaction of $188,300.00. Following the completion of the transaction, the insider now owns 181,334 shares of the company’s stock, valued at $3,414,519.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Denis M. Holler sold 5,300 shares of the firm’s stock in a transaction on Wednesday, July 19th. The stock was sold at an average price of $19.10, for a total value of $101,230.00. Following the transaction, the chief financial officer now directly owns 318,144 shares of the company’s stock, valued at approximately $6,076,550.40. The disclosure for this sale can be found here. Insiders sold a total of 45,196 shares of company stock valued at $857,284 over the last ninety days. 5.30% of the stock is currently owned by company insiders.
About Civitas Solutions
Civitas Solutions, Inc is a provider of home- and community-based health and human services to individuals with intellectual, developmental, physical or behavioral disabilities and other special needs. The Company operates through two segments: Human Services and Post-Acute Specialty Rehabilitation Services (SRS).
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