Public Policy (NASDAQ:PPHC) Announces Earnings Results

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

Public Policy Stock Down 2.8%

PPHC stock traded down $0.30 during mid-day trading on Monday, hitting $10.44. The company had a trading volume of 55,636 shares, compared to its average volume of 118,788. The firm’s 50-day moving average price is $9.28. Public Policy has a 12-month low of $7.01 and a 12-month high of $15.15. The company has a market capitalization of $315.81 million and a P/E ratio of 149.14. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 0.31.

Analyst Ratings Changes

Several research firms recently issued reports on PPHC. Weiss Ratings upgraded 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 target on shares of Public Policy in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target 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.