Somewhat Favorable News Coverage Somewhat Unlikely to Affect Triple-S Management (GTS) Stock Price

Media stories about Triple-S Management (NYSE:GTS) have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Triple-S Management earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.5333367945832 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

GTS has been the topic of several recent research reports. Zacks Investment Research upgraded Triple-S Management from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a report on Tuesday, October 17th. ValuEngine upgraded Triple-S Management from a “hold” rating to a “buy” rating in a report on Monday, November 27th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $25.50.

Triple-S Management (GTS) traded up $0.30 during trading hours on Friday, reaching $24.76. The company had a trading volume of 65,900 shares, compared to its average volume of 102,750. Triple-S Management has a one year low of $15.05 and a one year high of $29.43. The stock has a market cap of $591.82, a price-to-earnings ratio of 14.15, a PEG ratio of 1.34 and a beta of 0.40. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.04.

Triple-S Management (NYSE:GTS) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.77 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.18 by $0.59. Triple-S Management had a return on equity of 3.05% and a net margin of 1.44%. The company had revenue of $731.00 million for the quarter, compared to analyst estimates of $728.66 million. During the same quarter in the prior year, the firm posted ($0.26) EPS. Triple-S Management’s quarterly revenue was down 1.0% compared to the same quarter last year. analysts anticipate that Triple-S Management will post 1.23 earnings per share for the current fiscal year.

In other Triple-S Management news, insider Iraida T. Ojeda-Castro sold 1,667 shares of the stock in a transaction on Monday, November 27th. The stock was sold at an average price of $27.51, for a total value of $45,859.17. Following the sale, the insider now owns 8,445 shares in the company, valued at $232,321.95. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 1.52% of the company’s stock.

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Triple-S Management Company Profile

Triple-S Management Corporation operates as a managed care company. The Company offers a range of managed care and related products in the commercial, Medicaid and Medicare markets. The Company’s segments include Managed Care, Life Insurance, and Property and Casualty Insurance. The Managed Care segment is engaged in the sale of managed care products to the Commercial, Medicare and Medicaid market sectors.

Insider Buying and Selling by Quarter for Triple-S Management (NYSE:GTS)

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