News articles about Core-Mark Holding (NASDAQ:CORE) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Core-Mark Holding earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave headlines about the business services provider an impact score of 47.3899068082192 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment’s analysis:

Several analysts recently weighed in on CORE shares. Raymond James Financial, Inc. upgraded Core-Mark Holding from an “outperform” rating to a “strong-buy” rating and set a $39.00 price target on the stock in a research note on Tuesday, April 18th. Zacks Investment Research upgraded Core-Mark Holding from a “sell” rating to a “hold” rating in a research note on Tuesday, May 2nd. Jefferies Group LLC set a $35.00 price target on Core-Mark Holding and gave the stock a “hold” rating in a research note on Monday, May 8th. Loop Capital started coverage on Core-Mark Holding in a research note on Monday, May 15th. They issued a “buy” rating and a $40.00 price target on the stock. Finally, BidaskClub downgraded Core-Mark Holding from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $40.00.

Shares of Core-Mark Holding (CORE) opened at 27.98 on Friday. The stock has a market capitalization of $1.30 billion, a P/E ratio of 31.44 and a beta of 0.87. Core-Mark Holding has a 52 week low of $27.27 and a 52 week high of $45.70. The firm’s 50-day moving average price is $34.45 and its 200 day moving average price is $33.77.

Core-Mark Holding (NASDAQ:CORE) last released its quarterly earnings results on Tuesday, August 8th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by $0.11. Core-Mark Holding had a return on equity of 9.70% and a net margin of 0.27%. The firm had revenue of $3.80 billion during the quarter, compared to analysts’ expectations of $3.96 billion. During the same period in the prior year, the firm posted $0.39 earnings per share. Core-Mark Holding’s revenue for the quarter was up 3.1% compared to the same quarter last year. Analysts expect that Core-Mark Holding will post $1.27 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Tuesday, August 29th will be issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.29%. The ex-dividend date is Friday, August 25th. Core-Mark Holding’s dividend payout ratio is currently 40.00%.

In other Core-Mark Holding news, VP William Stein sold 7,500 shares of Core-Mark Holding stock in a transaction on Friday, June 9th. The shares were sold at an average price of $35.91, for a total value of $269,325.00. Following the transaction, the vice president now directly owns 73,402 shares of the company’s stock, valued at $2,635,865.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Thomas B. Perkins sold 12,000 shares of Core-Mark Holding stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $34.20, for a total transaction of $410,400.00. Following the completion of the transaction, the insider now directly owns 190,666 shares in the company, valued at $6,520,777.20. The disclosure for this sale can be found here. Insiders sold 40,970 shares of company stock worth $1,435,622 over the last ninety days. Corporate insiders own 2.40% of the company’s stock.

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About Core-Mark Holding

Core-Mark Holding Company, Inc is a wholesale distributor to the convenience retail industry in North America. The Company provides sales, marketing, distribution and logistics services. As of December 31, 2016, the Company offered services to over 43,000 customer locations across the United States and Canada through 30 distribution centers.

Insider Buying and Selling by Quarter for Core-Mark Holding (NASDAQ:CORE)

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