Computershare (OTCMKTS:CMSQF – Get Free Report) will likely be announcing its results after the market closes on Wednesday, August 12th. Analysts expect the company to post earnings of $0.7760 per share and revenue of $1.6326 billion for the quarter.
Computershare Price Performance
Shares of CMSQF stock remained flat at $28.69 during trading hours on Wednesday. 699 shares of the stock traded hands, compared to its average volume of 7,761. The company’s 50-day moving average price is $26.66 and its two-hundred day moving average price is $23.56. Computershare has a 12 month low of $17.87 and a 12 month high of $31.34.
Analysts Set New Price Targets
Separately, Citigroup downgraded Computershare from a “buy” rating to a “neutral” rating in a research note on Monday, July 13th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Computershare presently has a consensus rating of “Moderate Buy” and a consensus target price of $39.50.
Computershare Company Profile
Computershare is a global financial services company specializing in share registry, transfer agency, and stakeholder communications services. It provides technology-driven solutions for issuing and managing equity, debt, and other financial instruments on behalf of public and private companies. The company’s offerings include investor services, employee equity plan administration, proxy solicitation, meeting services, and corporate governance support.
In addition to its core share registry business, Computershare operates a corporate trust division that administers debt securities, loan agency, and payment services for issuers, trustees, and bondholders.
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