Analysts expect Core-Mark Holding Company, Inc. (NASDAQ:CORE) to post $0.59 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Core-Mark’s earnings, with estimates ranging from $0.54 to $0.63. Core-Mark reported earnings per share of $0.63 during the same quarter last year, which would indicate a negative year-over-year growth rate of 6.3%. The company is scheduled to announce its next quarterly earnings results on Tuesday, November 5th.

On average, analysts expect that Core-Mark will report full year earnings of $1.61 per share for the current fiscal year, with EPS estimates ranging from $1.57 to $1.63. For the next fiscal year, analysts anticipate that the firm will report earnings of $1.81 per share, with EPS estimates ranging from $1.77 to $1.83. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for Core-Mark.

Core-Mark (NASDAQ:CORE) last issued its quarterly earnings data on Wednesday, August 7th. The business services provider reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.06. Core-Mark had a net margin of 0.33% and a return on equity of 13.11%. The business had revenue of $4.30 billion during the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter in the previous year, the company earned $0.35 EPS. The business’s revenue was up 1.8% on a year-over-year basis.

Several equities analysts have commented on CORE shares. BidaskClub raised shares of Core-Mark from a “strong sell” rating to a “sell” rating in a report on Friday. ValuEngine lowered shares of Core-Mark from a “hold” rating to a “sell” rating in a report on Monday, August 12th. Finally, Zacks Investment Research lowered shares of Core-Mark from a “buy” rating to a “hold” rating in a report on Monday, August 5th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $38.40.

CORE stock traded down $1.00 during mid-day trading on Friday, hitting $33.06. The stock had a trading volume of 163,079 shares, compared to its average volume of 204,866. The company has a current ratio of 1.78, a quick ratio of 1.00 and a debt-to-equity ratio of 0.93. Core-Mark has a 52 week low of $22.53 and a 52 week high of $40.95. The firm has a market capitalization of $1.56 billion, a P/E ratio of 23.78, a P/E/G ratio of 2.67 and a beta of 0.82. The firm has a fifty day simple moving average of $33.90 and a 200 day simple moving average of $36.58.

The company also recently announced a quarterly dividend, which was paid on Friday, September 13th. Shareholders of record on Thursday, August 22nd were issued a $0.11 dividend. This represents a $0.44 annualized dividend and a yield of 1.33%. The ex-dividend date was Wednesday, August 21st. Core-Mark’s dividend payout ratio is currently 31.65%.

Hedge funds have recently added to or reduced their stakes in the business. Group One Trading L.P. bought a new position in Core-Mark in the 1st quarter valued at about $56,000. Point72 Asset Management L.P. bought a new stake in shares of Core-Mark during the 2nd quarter valued at approximately $91,000. Carroll Financial Associates Inc. bought a new stake in shares of Core-Mark during the 2nd quarter valued at approximately $166,000. Zions Bancorporation N.A. bought a new stake in shares of Core-Mark during the 1st quarter valued at approximately $192,000. Finally, Qtron Investments LLC bought a new stake in shares of Core-Mark during the 2nd quarter valued at approximately $203,000. 94.54% of the stock is currently owned by hedge funds and other institutional investors.

About Core-Mark

Core-Mark Holding Company, Inc markets fresh and broad-line supply solutions to the convenience retail industry. The company sells and distributes food products, including fast food, candies, snacks, and groceries, as well as beverages and fresh products, such as sandwiches, juices, salads, produce, dairy, and bread; and non-food products comprising cigars, tobacco, alternative nicotine products, health and beauty care products, and general merchandise and equipment.

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