Shares of Cogint, Inc. (NASDAQ:COGT) have been given a consensus broker rating score of 1.00 (Strong Buy) from the three brokers that provide coverage for the stock, Zacks Investment Research reports. Three analysts have rated the stock with a strong buy rating.
Brokers have set a one year consensus target price of $6.88 for the company and are expecting that the company will post ($0.16) earnings per share for the current quarter, according to Zacks. Zacks has also given Cogint an industry rank of 93 out of 265 based on the ratings given to its competitors.
Several research firms have recently weighed in on COGT. Zacks Investment Research upgraded shares of Cogint from a “sell” rating to a “hold” rating in a research note on Thursday. Chardan Capital reaffirmed a “buy” rating and set a $7.00 price objective (down previously from $12.50) on shares of Cogint in a research note on Thursday, November 9th.
An institutional investor recently bought a new position in Cogint stock. Virtu Financial LLC bought a new stake in shares of Cogint, Inc. (NASDAQ:COGT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 68,897 shares of the technology company’s stock, valued at approximately $303,000. Virtu Financial LLC owned about 0.11% of Cogint at the end of the most recent reporting period. 8.05% of the stock is currently owned by institutional investors.
Cogint (COGT) opened at $3.45 on Monday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.60 and a current ratio of 1.60. Cogint has a 12 month low of $3.15 and a 12 month 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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