Public Policy (NASDAQ:PPHC) Stock Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• PPHC moved above its 50-day average: Shares traded as high as $11.32 and last stood at $10.98, versus a 50-day moving average of $10.89.
• Analyst views are mixed: MarketBeat reports a consensus “Hold” rating and a $17 average price target; ratings include two Buys, one Hold, and one Sell.
• Dividend and profitability figures warrant attention: The article reports a 209.09% payout ratio and negative net margin, alongside a stated 212% dividend yield.

Public Policy Holding Company, Inc. (NASDAQ:PPHC - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $10.89 and traded as high as $11.32. Public Policy shares last traded at $10.98, with a volume of 59,671 shares trading hands.

Analysts Set New Price Targets

Several research firms have issued reports on PPHC. Canaccord Genuity Group restated a "buy" rating and issued a $18.00 price objective on shares of Public Policy in a research note on Wednesday, July 8th. Wall Street Zen upgraded Public Policy from a "hold" rating to a "buy" rating in a research report on Saturday, August 29th. Finally, Weiss Ratings raised Public Policy from a "sell (e)" rating to a "sell (d-)" rating in a report on Tuesday, October 13th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Public Policy presently has a consensus rating of "Hold" and a consensus target price of $17.00.

Public Policy Stock Performance

The company has a market cap of $333.79 million and a PE ratio of 99.82. The stock has a 50 day simple moving average of $10.89 and a two-hundred day simple moving average of $11.24. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.60 and a quick ratio of 1.60.

Public Policy (NASDAQ:PPHC - Get Free Report) last announced its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share (EPS) for the quarter. The business had revenue of $52.14 million for the quarter. Public Policy had a negative net margin of 18.85% and a negative return on equity of 0.26%. Equities analysts predict that Public Policy Holding Company, Inc. will post 0.50 EPS for the current year.

Public Policy Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, October 23rd. Investors of record on Friday, September 25th were paid a dividend of $0.1170 per share. The ex-dividend date was Friday, September 25th. This represents a yield of 212.0%. Public Policy's dividend payout ratio is currently 209.09%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Ancora Advisors LLC purchased a new stake in shares of Public Policy in the second quarter valued at about $1,869,000. State Street Corp acquired a new stake in shares of Public Policy during the second quarter worth about $375,000. Graham Capital Wealth Management LLC grew its holdings in shares of Public Policy by 4.7% during the third quarter. Graham Capital Wealth Management LLC now owns 295,485 shares of the company's stock worth $3,017,000 after buying an additional 13,249 shares during the last quarter. Finally, Copeland Capital Management LLC purchased a new position in shares of Public Policy during the third quarter worth about $83,000.

About Public Policy

Public Policy Holding Company, Inc NASDAQ: PPHC is a government relations and public affairs company that provides strategic advisory services to organizations seeking to understand and influence public policy. Through its portfolio of specialized firms, the company works with corporations, trade associations, nonprofit organizations and other institutions on legislative, regulatory and reputational matters.

Its services include federal and state-level lobbying, public affairs strategy, strategic communications, grassroots and coalition campaigns, issue advocacy, public opinion research and stakeholder engagement.

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