Public Policy Holding Company, Inc. Plans Dividend of $0.12 (NASDAQ:PPHC)

Public Policy Holding Company, Inc. (NASDAQ:PPHC) announced a dividend on Friday, September 11th. Investors of record on Friday, September 25th will be paid a dividend of 0.117 per share on Friday, October 23rd. This represents a yield of 203.0%. The ex-dividend date is Friday, September 25th.

Public Policy Trading Up 0.6%

PPHC stock traded up $0.07 during mid-day trading on Friday, hitting $11.34. 80,379 shares of the company were exchanged, compared to its average volume of 118,346. The business has a fifty day simple moving average of $10.09 and a 200-day simple moving average of $11.25. The firm has a market capitalization of $342.66 million and a P/E ratio of 103.10. Public Policy has a 12-month low of $7.01 and a 12-month high of $15.15. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 0.29.

Public Policy (NASDAQ:PPHC) last announced its earnings results on Tuesday, June 30th. The company reported $0.34 earnings per share (EPS) for the quarter. The company had revenue of $52.14 million for the quarter. Public Policy had a negative return on equity of 0.26% and a negative net margin of 18.85%. On average, equities research analysts predict that Public Policy will post 0.5 earnings per share for the current fiscal year.

Analysts Set New Price Targets

PPHC has been the subject of several recent analyst reports. Canaccord Genuity Group restated a “buy” rating and issued a $18.00 price target on shares of Public Policy in a report on Wednesday, July 8th. Weiss Ratings raised Public Policy from a “sell (e-)” rating to a “sell (e)” rating in a research note on Wednesday, July 1st. Finally, Wall Street Zen raised Public Policy from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $17.00.

Public Policy Company Profile

Our mission is to become the preeminent provider of global strategic communications by uniting a diverse group of leading government relations, corporate communications and public affairs specialists around the world for the collective success of our clients, employees, and shareholders. Founded by veteran advisors with decades of experience in Washington, DC’s public policy and government relations landscape, we have grown and diversified our global communications advisory business through targeted acquisitions and organic growth.