Core-Mark Holding Co. Rating Reiterated by Raymond James (CORE)
Core-Mark Holding Co. (NASDAQ:CORE)‘s stock had its “outperform” rating reiterated by Raymond James in a research note issued on Friday. They currently have a $51.00 price target on the stock, up from their previous price target of $42.50. Raymond James’ price target would suggest a potential upside of 2.80% from the stock’s previous close.
Core-Mark Holding Co. (NASDAQ:CORE) opened at 49.61 on Friday. Core-Mark Holding Co. has a 52-week low of $31.35 and a 52-week high of $49.87. The stock’s 50-day moving average is $46.22 and its 200-day moving average is $40.82. The company has a market cap of $1.145 billion and a price-to-earnings ratio of 26.39.
Core-Mark Holding Co. (NASDAQ:CORE) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.12. The company had revenue of $2.62 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the company posted $1.20 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. Analysts expect that Core-Mark Holding Co. will post $2.23 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Friday, August 22nd will be given a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a yield of 0.89%. The ex-dividend date is Wednesday, August 20th.
Core-Mark Holding Company, Inc (NASDAQ:CORE) is a marketer of fresh and supply solutions to the convenience retail industry in North America providing sales and marketing, distribution and logistics services to customer locations across the United States and Canada.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.