Public Policy (NASDAQ:PPHC) Rating Lowered to Hold at Wall Street Zen

Key Points

• Wall Street Zen downgraded Public Policy from Buy to Hold. Across analysts, the stock’s consensus rating is Hold, with an average price target of $17.
• Public Policy reported quarterly EPS of $0.33, beating the $0.11 consensus estimate, on revenue of $55.21 million.
• Shares opened at $10.39, below the $17 consensus target; the company reported a negative net margin of 14.56%.

Public Policy (NASDAQ:PPHC - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a note issued to investors on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Public Policy from a "sell (e)" rating to a "sell (d-)" rating in a report on Tuesday, October 13th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $17.00.

Public Policy Stock Performance

Shares of NASDAQ:PPHC opened at $10.39 on Friday. The stock has a market capitalization of $317.73 million and a P/E ratio of 66.88. Public Policy has a 1-year low of $7.01 and a 1-year high of $15.15. The company has a current ratio of 1.17, a quick ratio of 1.60 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of $10.91 and a two-hundred day moving average price of $11.24.

Public Policy (NASDAQ:PPHC - Get Free Report) last issued its earnings results on Monday, November 9th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.22. The company had revenue of $55.21 million for the quarter. Public Policy had a negative net margin of 14.56% and a positive return on equity of 10.37%. Equities analysts predict that Public Policy will post 0.50 earnings per share for the current year.

Institutional Investors Weigh In On Public Policy

Several large investors have recently made changes to their positions in PPHC. Royce & Associates LP boosted its position in shares of Public Policy by 15.5% during the third quarter. Royce & Associates LP now owns 1,178,670 shares of the company's stock worth $12,034,000 after buying an additional 158,540 shares during the period. Graham Capital Wealth Management LLC lifted its stake in Public Policy by 4.7% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 295,485 shares of the company's stock valued at $3,017,000 after acquiring an additional 13,249 shares in the last quarter. Ancora Advisors LLC acquired a new position in Public Policy during the 2nd quarter worth approximately $1,869,000. State Street Corp grew its stake in shares of Public Policy by 255.2% during the 3rd quarter. State Street Corp now owns 179,712 shares of the company's stock worth $1,855,000 after acquiring an additional 129,112 shares in the last quarter. Finally, Boston Partners grew its stake in shares of Public Policy by 19.2% during the 3rd quarter. Boston Partners now owns 116,315 shares of the company's stock worth $1,092,000 after acquiring an additional 18,721 shares in the last quarter.

About Public Policy

Public Policy Holding Company NASDAQ: PPHC is a public affairs and strategic communications firm. Through its network of consultancies, it advises organizations on government relations, public policy, communications, and advocacy. Its services include policy and legislative analysis, lobbying, stakeholder engagement, digital advocacy, and strategic communications. The company serves corporate, nonprofit, and trade association clients seeking to understand or influence public policy and communicate with key audiences.

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