Presidio (NASDAQ:PSDO) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 7th. Analysts expect Presidio to post earnings of $0.20 per share for the quarter.
Presidio (NASDAQ:PSDO) last announced its quarterly earnings data on Thursday, September 6th. The company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.17 by $0.17. Presidio had a net margin of 4.70% and a return on equity of 6.33%. The firm had revenue of $766.30 million for the quarter, compared to analyst estimates of $756.81 million. During the same quarter in the prior year, the business earned $0.25 earnings per share. The business’s quarterly revenue was up 5.1% compared to the same quarter last year. On average, analysts expect Presidio to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of NASDAQ PSDO opened at $13.08 on Wednesday. Presidio has a 1-year low of $11.97 and a 1-year high of $19.74. The stock has a market cap of $1.10 billion, a PE ratio of 9.41, a P/E/G ratio of 2.68 and a beta of 1.07. The company has a current ratio of 1.06, a quick ratio of 1.03 and a debt-to-equity ratio of 0.89.
Several brokerages have recently weighed in on PSDO. Goldman Sachs Group began coverage on shares of Presidio in a report on Monday, August 27th. They set a “neutral” rating and a $15.00 price objective on the stock. ValuEngine upgraded shares of Presidio from a “hold” rating to a “buy” rating in a report on Thursday, August 23rd. Zacks Investment Research lowered shares of Presidio from a “hold” rating to a “sell” rating in a report on Friday, September 7th. Finally, BidaskClub upgraded shares of Presidio from a “sell” rating to a “hold” rating in a report on Saturday, August 11th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $17.71.
In related news, major shareholder Apollo Management Holdings Gp, sold 3,000,000 shares of the company’s stock in a transaction dated Thursday, September 20th. The shares were sold at an average price of $15.24, for a total value of $45,720,000.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 2.00% of the company’s stock.
A hedge fund recently raised its stake in Presidio stock. Bank of New York Mellon Corp raised its position in Presidio Inc (NASDAQ:PSDO) by 22.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 157,155 shares of the company’s stock after buying an additional 28,805 shares during the period. Bank of New York Mellon Corp owned 0.17% of Presidio worth $2,059,000 as of its most recent filing with the SEC.
Presidio, Inc provides information technology (IT) solutions to the middle market in North America. The company offers digital infrastructure solutions that enable clients to deploy IT infrastructure, as well as focuses on networking, collaboration, enterprise mobility, Internet of Things, and data analytics.
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