Analysts have been eager to weigh in on the Services sector with new ratings on Kar Auction Services Inc (NYSE: KAR), The Hackett Group (NASDAQ: HCKT) and American Public Education (NASDAQ: APEI).
Kar Auction Services Inc (NYSE: KAR)
Barrington analyst Gary Prestopino maintained a Buy rating on Kar Auction Services Inc (NYSE: KAR) today. The company’s shares closed on Friday at $53.72.
Prestopino said:
“We believe the quarter should at least be within a range of $0.73-0.75 based on the strength of the underlying wholesale auction business exiting Q4/17 as well as continued improvement AFC due to lower loss ratios.”
According to TipRanks.com, Prestopino is a 2-star analyst with an average return of 1.0% and a 43.9% success rate. Prestopino covers the Services sector, focusing on stocks such as Student Transportation, Liquidity Services, and Ritchie Bros.
Kar Auction Services Inc has an analyst consensus of Strong Buy, with a price target consensus of $62.
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The Hackett Group (NASDAQ: HCKT)
Barrington analyst Vincent Colicchio maintained a Buy rating on The Hackett Group (NASDAQ: HCKT) today and set a price target of $22. The company’s shares closed on Friday at $16.46.
Colicchio commented:
“We expect Hackett to report Q1/18 non-GAAP EPS of $0.26, which is in line with the Factset consensus of $0.26. Our EPS forecast represents a year-over-year increase of 16% and a sequential decline of 1%.”
According to TipRanks.com, Colicchio is a 3-star analyst with an average return of 6.0% and a 54.1% success rate. Colicchio covers the Technology sector, focusing on stocks such as Sykes Enterprises Inc, Exlservice Holdings, and Convergys Corp.
The Hackett Group has an analyst consensus of Strong Buy, with a price target consensus of $21.33.
American Public Education (NASDAQ: APEI)
Barrington analyst Alexander Paris maintained a Hold rating on American Public Education (NASDAQ: APEI) today. The company’s shares closed on Friday at $39.20.
Paris noted:
“We are encouraged by the relative improvement in both returning students and new students at APUS over the last several quarters, and by the turnaround in new student enrollment at Hondros. After rallying more than 50% YTD, the stock is trading at 8.2x the consensus estimate of 2018 EBITDA, a discount to the industry average of 10.2x. Our current investment rating is MARKET PERFORM.”
According to TipRanks.com, Paris is a 4-star analyst with an average return of 10.9% and a 53.6% success rate. Paris covers the Services sector, focusing on stocks such as Adtalem Global Education Inc, Capella Education Company, and Franklin Covey Company.
American Public Education has an analyst consensus of Hold, with a price target consensus of $39.
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