Presidio Company Profile (NASDAQ:PSDO)

Presidio trades on the NASDAQ under the ticker symbol "PSDO."

Presidio, Inc. (NASDAQ:PSDO) posted its earnings results on Thursday, September, 21st. The company reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.16 by $0.05. The business had revenue of $753.90 million for the quarter, compared to analyst estimates of $741.59 million. The company's revenue was up 3.4% on a year-over-year basis. View Presidio's Earnings History.

8 equities research analysts have issued 12 month target prices for Presidio's stock. Their forecasts range from $16.00 to $19.00. On average, they anticipate Presidio's share price to reach $17.71 in the next year. View Analyst Ratings for Presidio.

Here are some recent quotes from research analysts about Presidio stock:

• 1. According to Zacks Investment Research, "Presidio, Inc. provides information technology services. The Company offers enterprise-class solutions, including advanced networking, data analytics and center modernization, hybrid and multi-cloud, cyber risk management, and enterprise mobility as well as a broad suite of professional services, including strategy, consulting, design and implementation. It serves healthcare, education, media and entertainment, retail, manufacturing and distribution and energy and utilities sectors. Presidio, Inc. is based in New York. " (10/3/2017)
• 2. Evercore ISI analysts commented, "We believe that the company’s long-term strategy remains intact but the noise around these first couple quarters post- IPO are likely to hurt sentiment. The stock is currently trading down in the aftermarket to ~$13 or ~7.8x CY18 Adj. EBITDA. We believe this represents a floor on the stock given our estimate that Apollo paid in the range of 7-8x forward EBITDA for the company in early 2015. We continue to believe that the stock should trade at 10.1x EV/Adj. EBITDA (closer to CDW’s valuation of 10.9x EV/EBITDA)." (9/22/2017)

Some companies that are related to Presidio include Sophos Ltd (SOPH), Inovalon Holdings (INOV), Verifone Systems (PAY), Acxiom Corporation (ACXM), Syntel (SYNT), TeleTech Holdings (TTEC), Baozun (BZUN), Insight Enterprises (NSIT), AVEVA Group plc (AVV), Imperva (IMPV), Globant S.A. (GLOB), CSG Systems International (CSGS), ePlus inc. (PLUS), Web.com Group (WEB), Sykes Enterprises, Incorporated (SYKE), Barracuda Networks (CUDA), Computacenter plc (CCC) and ManTech International Corporation (MANT).

Presidio's management team includes the folowing people:

• Giovanni G. Visentin, Chairman of the Board
• Robert Cagnazzi, Chief Executive Officer, Director
• Paul D. Fletcher, Chief Financial Officer, Executive Vice President, Assistant Secretary
• David Hart, Chief Operating Officer, Executive Vice President
• Elliot Brecher, Senior Vice President, General Counsel, Secretary
• Vinu Thomas, Chief Technology Officer
• Benjamin A. Pawson, Chief Accounting Officer, Controller
• Christopher L. Edson, Director
• Salim Hirji, Director
• Matthew H. Nord, Director

(PSDO) raised $250 million in an IPO on Friday, March 10th 2017. The company issued 16,700,000 shares at $14.00-$16.00 per share. J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, RBC Capital Markets, Credit Suisse, Goldman, Sachs, Wells Fargo Securities, Evercore ISI, Guggenheim Securities, Apollo Global Securities and LionTree were co-managers.

Presidio's lock-up period expired on Wednesday, September 6th. Presidio had issued 16,666,666 shares in its IPO on March 10th. The total size of the offering was $233,333,324 based on an initial share price of $14.00. Shares of the company owned by company insiders and major shareholders are now eligible to be traded as a result of the end of the lock-up period.

Shares of Presidio can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Presidio stock can currently be purchased for approximately $15.07.