Triple-S Management Corp. Upgraded by TheStreet to Buy (GTS)
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of Triple-S Management Corp. from $17.00 to $19.00 in a research note on Wednesday, May 14th. They now have a “neutral” rating on the stock. Separately, analysts at Zacks upgraded shares of Triple-S Management Corp. from an “underperform” rating to a “neutral” rating in a research note on Thursday, May 8th. They now have a $16.90 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Triple-S Management Corp. in a research note on Monday, April 28th. They now have a $21.00 price target on the stock.
Triple-S Management Corp. (NYSE:GTS) traded down 0.22% during mid-day trading on Thursday, hitting $18.17. 104,028 shares of the company’s stock traded hands. Triple-S Management Corp. has a 52 week low of $14.70 and a 52 week high of $22.71. The stock’s 50-day moving average is $17.61 and its 200-day moving average is $17.40. The company has a market cap of $495.5 million and a price-to-earnings ratio of 11.05.
Triple-S Management Corp. (NYSE:GTS) last issued its quarterly earnings data on Tuesday, May 6th. The company reported $0.25 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.11. The company had revenue of $584.80 million for the quarter, compared to the consensus estimate of $585.82 million. During the same quarter in the prior year, the company posted $0.55 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. Analysts expect that Triple-S Management Corp. will post $1.32 EPS for the current fiscal year.
Triple-S Management Corporation (NYSE:GTS) is a managed care company in Puerto Rico, serving approximately 1,684,000 members across all regions.
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