CoreLogic, Inc. (NYSE:CLGX) – Oppenheimer decreased their Q1 2018 EPS estimates for shares of CoreLogic in a research note issued to investors on Tuesday. Oppenheimer analyst G. Greene now forecasts that the business services provider will earn $0.34 per share for the quarter, down from their previous estimate of $0.39. Oppenheimer also issued estimates for CoreLogic’s Q2 2018 earnings at $0.59 EPS and FY2018 earnings at $2.05 EPS.

Other research analysts have also issued research reports about the stock. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $50.00 target price on shares of CoreLogic in a research note on Friday, October 27th. SunTrust Banks lowered shares of CoreLogic from a “buy” rating to a “hold” rating and set a $46.00 target price on the stock. in a research note on Tuesday. BidaskClub lowered shares of CoreLogic from a “buy” rating to a “hold” rating in a research note on Friday, October 27th. Barclays raised their target price on shares of CoreLogic from $50.00 to $52.00 and gave the company an “overweight” rating in a research note on Friday, October 27th. Finally, Zacks Investment Research lowered shares of CoreLogic from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Three equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company’s stock. CoreLogic presently has a consensus rating of “Hold” and a consensus target price of $46.50.

Shares of CoreLogic (NYSE:CLGX) traded up $0.01 during midday trading on Friday, hitting $43.62. 727,042 shares of the stock traded hands, compared to its average volume of 501,169. The company has a market cap of $3,590.00, a price-to-earnings ratio of 21.38, a PEG ratio of 1.92 and a beta of 0.87. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 1.69. CoreLogic has a one year low of $34.59 and a one year high of $49.30.

CoreLogic (NYSE:CLGX) last posted its quarterly earnings data on Wednesday, October 25th. The business services provider reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm had revenue of $483.10 million during the quarter, compared to analysts’ expectations of $490.09 million. CoreLogic had a net margin of 6.43% and a return on equity of 12.02%. The company’s quarterly revenue was down 7.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.73 EPS.

Institutional investors and hedge funds have recently made changes to their positions in the business. Invictus RG increased its holdings in CoreLogic by 98.4% during the third quarter. Invictus RG now owns 2,633 shares of the business services provider’s stock worth $122,000 after buying an additional 1,306 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in CoreLogic by 9.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,351 shares of the business services provider’s stock worth $145,000 after buying an additional 283 shares during the last quarter. Covington Capital Management acquired a new position in CoreLogic during the second quarter worth $202,000. Greenwood Capital Associates LLC acquired a new position in CoreLogic during the second quarter worth $210,000. Finally, ETF Managers Group LLC acquired a new position in CoreLogic during the second quarter worth $211,000. 88.87% of the stock is currently owned by hedge funds and other institutional investors.

In other CoreLogic news, CEO Frank Martell sold 35,392 shares of CoreLogic stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of $47.11, for a total value of $1,667,317.12. Following the transaction, the chief executive officer now owns 251,344 shares of the company’s stock, valued at $11,840,815.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Mary Lee Widener sold 900 shares of CoreLogic stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $46.70, for a total transaction of $42,030.00. Following the completion of the transaction, the director now directly owns 8,434 shares in the company, valued at approximately $393,867.80. The disclosure for this sale can be found here. 1.20% of the stock is owned by company insiders.

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About CoreLogic

CoreLogic, Inc is a provider of property information, analytics and data-enabled services. The Company provides detailed coverage of property, mortgages and other encumbrances, property risk and replacement cost, consumer credit, tenancy, location, hazard risk and related performance information. Its segments include Property Intelligence (PI), Risk Management and Work Flow (RMW), and Corporate.

Earnings History and Estimates for CoreLogic (NYSE:CLGX)

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