Analysts have set a twelve-month consensus price objective of $35.65 for the company and are expecting that the company will post $0.39 EPS for the current quarter, according to Zacks. Zacks has also given Tucows an industry rank of 75 out of 265 based on the ratings given to its competitors.
Shares of Tucows Inc. (NASDAQ:TCX) (TSE:TC) have been given a consensus broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the company, Zacks Investment Research reports. Two research analysts have rated the stock with a hold recommendation.
Separately, Zacks Investment Research raised shares of Tucows from a “sell” rating to a “hold” rating in a research report on Wednesday, April 12th. In related news, Director Allen Karp sold 2,650 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $42.52, for a total transaction of $112,678.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Michael Goldstein sold 9,876 shares of the business’s stock in a transaction dated Friday, May 12th. The shares were sold at an average price of $58.76, for a total transaction of $580,313.76. Following the sale, the vice president now directly owns 4,163 shares of the company’s stock, valued at approximately $244,617.88. The disclosure for this sale can be found here. Insiders sold a total of 145,395 shares of company stock valued at $7,095,562 in the last three months. Insiders own 17.20% of the company’s stock.
Tucows (NASDAQ:TCX) traded down 0.87% during trading on Wednesday, reaching $57.00. The company had a trading volume of 38,445 shares. The stock has a 50 day moving average price of $56.28 and a 200-day moving average price of $43.90. Tucows has a 52-week low of $22.82 and a 52-week high of $63.20. The company has a market capitalization of $597.87 million, a PE ratio of 38.00 and a beta of 1.42. Tucows (NASDAQ:TCX) last issued its quarterly earnings data on Tuesday, May 9th. The information services provider reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by $0.13. The firm had revenue of $69.60 million during the quarter, compared to analyst estimates of $84.05 million. Tucows had a return on equity of 51.56% and a net margin of 8.41%. The business’s quarterly revenue was up 55.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.42 EPS. On average, equities research analysts anticipate that Tucows will post $2.20 earnings per share for the current fiscal year.
About Tucows Tucows Inc is engaged in providing Internet services. The Company’s segments include Network Access Services and Domain Services. The Network Access Services segment includes mobile, fixed high-speed Internet access services, Internet hosting and network consulting services. The Domain Services segment wholesale and retail domain name registration services, value added services and portfolio services.
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