Guild Holdings Company (NYSE:GHLD) Given Consensus Recommendation of “Hold” by Analysts

Guild Holdings Company (NYSE:GHLD) has been assigned a consensus recommendation of “Hold” from the nine ratings firms that are covering the stock, MarketBeat.com reports. Seven equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $18.8750.

A number of equities analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Guild in a research note on Monday, December 1st. Zacks Research downgraded shares of Guild from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 5th.

Guild Price Performance

GHLD opened at $20.01 on Friday. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.06 and a quick ratio of 0.06. Guild has a 12 month low of $11.21 and a 12 month high of $23.57. The stock has a market capitalization of $1.25 billion, a P/E ratio of 9.96, a P/E/G ratio of 1.06 and a beta of 0.93. The business has a 50 day simple moving average of $19.98 and a 200-day simple moving average of $19.92.

Guild (NYSE:GHLD) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. Guild had a return on equity of 10.09% and a net margin of 10.88%.The firm had revenue of $307.44 million for the quarter, compared to analyst estimates of $311.28 million. On average, equities analysts anticipate that Guild will post 1.33 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Guild

A number of institutional investors and hedge funds have recently modified their holdings of the company. Alberta Investment Management Corp raised its holdings in Guild by 488.6% during the third quarter. Alberta Investment Management Corp now owns 303,843 shares of the company’s stock worth $6,059,000 after purchasing an additional 252,226 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in Guild in the third quarter valued at $4,635,000. Millennium Management LLC increased its position in shares of Guild by 943.7% in the third quarter. Millennium Management LLC now owns 146,277 shares of the company’s stock valued at $2,917,000 after buying an additional 132,262 shares in the last quarter. Credit Industriel ET Commercial acquired a new position in shares of Guild during the 2nd quarter worth $1,582,000. Finally, Two Sigma Investments LP acquired a new position in shares of Guild during the 3rd quarter worth $1,247,000. Institutional investors and hedge funds own 17.52% of the company’s stock.

About Guild

Guild (NYSE: GHLD) is a U.S.-based education technology company that partners with employers to offer education as an employee benefit. Through its digital platform, Guild connects working adults and their families with accredited universities, online programs and career and financial coaches. The company’s solution aims to improve workforce retention and productivity by making higher education and professional credentials more accessible and affordable.

At the core of Guild’s offering is a comprehensive program management suite that automates tuition assistance, student onboarding and personalized support.