Public Policy (NASDAQ:PPHC) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

Public Policy (NASDAQ:PPHC) posted its quarterly earnings data on Monday. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.06), Zacks reports.

Public Policy Trading Down 2.8%

Public Policy stock traded down $0.30 during midday trading on Monday, hitting $10.44. The stock had a trading volume of 55,636 shares, compared to its average volume of 118,788. Public Policy has a 52-week low of $7.01 and a 52-week high of $15.15. The stock has a market capitalization of $315.81 million and a P/E ratio of 149.14. The stock has a fifty day moving average of $9.28. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.31.

Wall Street Analyst Weigh In

Several research analysts have weighed in on PPHC shares. Weiss Ratings upgraded shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research report on Wednesday, July 1st. Canaccord Genuity Group restated a “buy” rating and issued a $18.00 price objective on shares of Public Policy in a research note on Wednesday, July 8th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $17.00.

Public Policy Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.