Public Policy (NASDAQ:PPHC) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Public Policy (NASDAQ:PPHC) from a hold rating to a buy rating in a research report released on Saturday.

PPHC has been the topic of several other reports. Canaccord Genuity Group reiterated a “buy” rating and set a $18.00 target price on shares of Public Policy in a report on Wednesday, July 8th. Weiss Ratings upgraded shares of Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a report on Wednesday, July 1st. Two investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Public Policy has a consensus rating of “Hold” and a consensus target price of $17.00.

Public Policy Price Performance

Shares of PPHC stock opened at $10.96 on Friday. Public Policy has a twelve month low of $7.01 and a twelve month high of $15.15. The stock has a market capitalization of $331.21 million and a price-to-earnings ratio of 99.64. The stock has a fifty day simple moving average of $9.49 and a two-hundred day simple moving average of $11.34. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.29.

Public Policy (NASDAQ:PPHC) last announced its quarterly earnings results on Tuesday, June 30th. The company reported $0.34 EPS for the quarter. The firm had revenue of $52.14 million for the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%. On average, analysts predict that Public Policy will post 0.5 EPS for the current fiscal year.

Institutional Trading of Public Policy

An institutional investor recently bought a new position in Public Policy stock. Ancora Advisors LLC acquired a new position in Public Policy Holding Company, Inc. (NASDAQ:PPHC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 252,228 shares of the company’s stock, valued at approximately $1,869,000. Ancora Advisors LLC owned approximately 0.83% of Public Policy at the end of the most recent reporting period.

About Public Policy

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.