Somewhat Positive News Coverage Somewhat Unlikely to Impact ServiceMaster (SERV) Stock Price

Media coverage about ServiceMaster (NYSE:SERV) has been trending somewhat positive on Monday, according to Accern Sentiment. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. ServiceMaster earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 46.1985249776755 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have impacted Accern’s rankings:

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Several equities analysts have weighed in on the stock. Zacks Investment Research upgraded shares of ServiceMaster from a “hold” rating to a “buy” rating and set a $57.00 target price for the company in a report on Saturday, March 3rd. ValuEngine upgraded shares of ServiceMaster from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Morgan Stanley dropped their target price on shares of ServiceMaster from $65.00 to $62.00 and set an “overweight” rating for the company in a report on Wednesday, February 28th. Nomura dropped their target price on shares of ServiceMaster from $69.00 to $67.00 and set a “buy” rating for the company in a report on Wednesday, February 28th. Finally, Instinet upgraded shares of ServiceMaster from a “reduce” rating to a “buy” rating in a report on Thursday, February 15th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and twelve have issued a buy rating to the stock. ServiceMaster presently has a consensus rating of “Buy” and a consensus price target of $53.08.

Shares of ServiceMaster (NYSE:SERV) traded up $0.99 during midday trading on Monday, hitting $51.05. 475,947 shares of the stock were exchanged, compared to its average volume of 663,578. The stock has a market capitalization of $6,771.49, a P/E ratio of 13.54 and a beta of 0.95. ServiceMaster has a 1-year low of $36.34 and a 1-year high of $55.36. The company has a current ratio of 1.06, a quick ratio of 1.02 and a debt-to-equity ratio of 2.26.

ServiceMaster (NYSE:SERV) last issued its quarterly earnings results on Tuesday, February 27th. The business services provider reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $666.00 million during the quarter, compared to the consensus estimate of $665.27 million. ServiceMaster had a net margin of 17.51% and a return on equity of 33.21%. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.44 earnings per share. analysts expect that ServiceMaster will post 2.57 EPS for the current fiscal year.

In related news, Director Naren K. Gursahaney bought 2,000 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The shares were acquired at an average cost of $50.20 per share, with a total value of $100,400.00. Following the completion of the transaction, the director now owns 2,976 shares of the company’s stock, valued at $149,395.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP James T. Lucke sold 16,737 shares of the firm’s stock in a transaction that occurred on Monday, March 12th. The stock was sold at an average price of $51.70, for a total transaction of $865,302.90. Following the completion of the sale, the senior vice president now directly owns 5,691 shares in the company, valued at $294,224.70. The disclosure for this sale can be found here. Insiders own 1.20% of the company’s stock.

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ServiceMaster Company Profile

ServiceMaster Global Holdings, Inc is a provider of essential residential and commercial services. The Company operates through three segments: Terminix, American Home Shield and the Franchise Services Group. Its portfolio of brands includes Terminix, American Home Shield, ServiceMaster Restore, ServiceMaster Clean, Merry Maids, Furniture Medic and AmeriSpec.

Insider Buying and Selling by Quarter for ServiceMaster (NYSE:SERV)

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