Pharmerica Corporation (PMC) Receiving Somewhat Favorable News Coverage, Report Finds
Press coverage about Pharmerica Corporation (NYSE:PMC) has trended somewhat positive recently, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Pharmerica Corporation earned a news sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 66 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the near future.
Shares of Pharmerica Corporation (NYSE PMC) traded down 0.79% during midday trading on Wednesday, hitting $25.00. 116,176 shares of the stock were exchanged. The stock has a market cap of $777.35 million, a P/E ratio of 37.31 and a beta of 0.97. The stock’s 50-day moving average price is $25.09 and its 200 day moving average price is $24.65. Pharmerica Corporation has a one year low of $19.20 and a one year high of $28.72.
Pharmerica Corporation (NYSE:PMC) last released its earnings results on Wednesday, May 10th. The company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.02. The firm had revenue of $566.80 million for the quarter, compared to analysts’ expectations of $536.85 million. Pharmerica Corporation had a return on equity of 11.03% and a net margin of 0.98%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.45 EPS. On average, analysts anticipate that Pharmerica Corporation will post $1.92 earnings per share for the current year.
Several research analysts have issued reports on PMC shares. Zacks Investment Research downgraded shares of Pharmerica Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, February 28th. ValuEngine cut shares of Pharmerica Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd.
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Pharmerica Corporation Company Profile
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