Analysts have been eager to weigh in on the Services sector with new ratings on Cardtronics (CATM), National Cinemedia (NCMI) and Heidrick & Struggles (HSII).
Cardtronics (CATM)
Barrington analyst Gary Prestopino maintained a Buy rating on Cardtronics today and set a price target of $40. The company’s shares closed yesterday at $25.99.
Prestopino noted:
“We have an OUTPERFORM investment rating on the stock with a $40 price target.”
According to TipRanks.com, Prestopino is a 1-star analyst with an average return of -2.1% and a 40.8% success rate. Prestopino covers the Services sector, focusing on stocks such as Kar Auction Services Inc, Payment Data Systems Inc, and US Auto Parts Network.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Cardtronics with a $40 average price target.
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National Cinemedia (NCMI)
In a report released today, James Goss from Barrington maintained a Hold rating on National Cinemedia. The company’s shares closed yesterday at $7.02.
According to TipRanks.com, Goss is a 5-star analyst with an average return of 10.5% and a 60.6% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for National Cinemedia with a $10 average price target.
Heidrick & Struggles (HSII)
In a report released today, Kevin Steinke from Barrington maintained a Buy rating on Heidrick & Struggles, with a price target of $45. The company’s shares closed yesterday at $33.40.
Steinke commented:
“We forecast Q4/18 revenue of $175.4 million, up 3.6% YOY. The consensus is $176.7 million. Company guidance is $170‐180 million (up 0.4% to 6.3% YOY). Guidance implies a slowdown from the 17% growth rate through the first nine months of 2018. We believe this is due partly to more difficult year‐over‐year comparisons for Executive Search (91% of estimated Q4/18 revenue) in terms of productivity, as measured by annualized revenue per consultant. In addition, of revenue) faces a difficult year‐over‐year revenue comparison in Q4/18. Lastly, we expect currency translation to be a more significant headwind to reported revenue growth in Q4 after being a ‐1% drag in Q3 and a positive contributor to growth in the first half of 2018.”
According to TipRanks.com, Steinke is a 1-star analyst with an average return of -0.9% and a 54.2% success rate. Steinke covers the Services sector, focusing on stocks such as Echo Global Logistics, SP Plus Corporation, and Icf International.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Heidrick & Struggles with a $45 average price target.
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