Core-Mark (NASDAQ:CORE) will be releasing its earnings data before the market opens on Wednesday, August 7th. Analysts expect Core-Mark to post earnings of $0.44 per share for the quarter. Core-Mark has set its FY19 guidance at $1.50-1.60 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
Core-Mark (NASDAQ:CORE) last announced its earnings results on Wednesday, May 8th. The business services provider reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.06. The company had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.84 billion. Core-Mark had a return on equity of 12.03% and a net margin of 0.29%. The company’s revenue was down 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.07 earnings per share. On average, analysts expect Core-Mark to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Core-Mark stock opened at $37.72 on Wednesday. The firm’s 50-day simple moving average is $38.55. The company has a quick ratio of 0.86, a current ratio of 1.61 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $1.75 billion, a P/E ratio of 27.14, a PEG ratio of 3.01 and a beta of 0.76. Core-Mark has a 1-year low of $22.53 and a 1-year high of $40.95.
In related news, Director Harvey L. Tepner sold 2,351 shares of Core-Mark stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $40.00, for a total value of $94,040.00. Following the completion of the transaction, the director now directly owns 44,370 shares in the company, valued at $1,774,800. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.10% of the stock is currently owned by company insiders.
A number of equities analysts recently commented on the company. BidaskClub upgraded Xilinx from a “hold” rating to a “buy” rating in a research note on Wednesday, July 24th. ValuEngine downgraded Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a research note on Wednesday, July 17th. Finally, Zacks Investment Research downgraded Hess Midstream Partners from a “hold” rating to a “sell” rating in a research note on Tuesday, May 14th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. Core-Mark presently has an average rating of “Hold” and a consensus target price of $37.83.
Core-Mark Company Profile
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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