Triple-S Management Corp. (NYSE:GTS) Receives Consensus Rating of “Hold” from Brokerages

Shares of Triple-S Management Corp. (NYSE:GTS) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.

Analysts have set a one year consensus price objective of $25.69 for the company and are expecting that the company will post $0.42 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Triple-S Management an industry rank of 27 out of 256 based on the ratings given to its competitors.

A number of analysts have recently weighed in on the stock. ValuEngine lowered shares of Triple-S Management from a “buy” rating to a “hold” rating in a research note on Friday, July 26th. Zacks Investment Research raised shares of Triple-S Management from a “hold” rating to a “buy” rating and set a $28.00 price target for the company in a research note on Wednesday, July 10th.

Large investors have recently modified their holdings of the company. Investors Research Corp acquired a new stake in shares of Triple-S Management during the first quarter valued at approximately $73,000. BNP Paribas Arbitrage SA raised its holdings in shares of Triple-S Management by 418.7% during the first quarter. BNP Paribas Arbitrage SA now owns 4,554 shares of the company’s stock valued at $104,000 after acquiring an additional 3,676 shares during the period. SG Americas Securities LLC acquired a new stake in shares of Triple-S Management during the first quarter valued at approximately $163,000. Metropolitan Life Insurance Co. NY raised its holdings in shares of Triple-S Management by 322.3% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,505 shares of the company’s stock valued at $131,000 after acquiring an additional 5,728 shares during the period. Finally, Citigroup Inc. raised its holdings in shares of Triple-S Management by 15.2% during the fourth quarter. Citigroup Inc. now owns 9,359 shares of the company’s stock valued at $163,000 after acquiring an additional 1,232 shares during the period. 81.72% of the stock is owned by institutional investors.

NYSE:GTS opened at $22.97 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.60 and a quick ratio of 0.60. The firm has a market cap of $582.40 million, a price-to-earnings ratio of 37.07, a price-to-earnings-growth ratio of 1.12 and a beta of 0.25. The company’s fifty day simple moving average is $24.26. Triple-S Management has a twelve month low of $15.45 and a twelve month high of $27.86.

Triple-S Management (NYSE:GTS) last released its earnings results on Thursday, May 9th. The company reported $0.77 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.26 by $0.51. Triple-S Management had a negative net margin of 1.06% and a positive return on equity of 1.88%. The company had revenue of $787.59 million during the quarter, compared to the consensus estimate of $769.21 million. During the same quarter in the previous year, the firm earned $0.60 EPS. The company’s revenue was up 2.3% on a year-over-year basis. Equities research analysts forecast that Triple-S Management will post 2.14 EPS for the current year.

Triple-S Management Company Profile

Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. It operates through three segments: Managed Care, Life Insurance, and Property and Casualty Insurance. The company offers various managed care products, including health maintenance organization plans; preferred provider organization plans; BlueCard program; Medicare Supplement products; Medicare Advantage products; Medicaid plans; and claims processing and other administrative services to employers, professional and trade associations, individuals, and government entities.

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