Core-mark Holding Company Inc (NASDAQ:CORE): Institutional Investor Sentiment Down to 1.12

May 16, 2018 - By Melody Miller

Core-Mark Holding Company, Inc. (NASDAQ:CORE) Logo

Sentiment for Core-mark Holding Company Inc (NASDAQ:CORE)

Core-mark Holding Company Inc (NASDAQ:CORE) institutional sentiment decreased to 1.12 in Q4 2017. Its down -0.04, from 1.16 in 2017Q3. The ratio turned negative, as 66 investment professionals increased or started new equity positions, while 59 sold and decreased stakes in Core-mark Holding Company Inc. The investment professionals in our partner’s database reported: 41.59 million shares, down from 43.28 million shares in 2017Q3. Also, the number of investment professionals holding Core-mark Holding Company Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 10 Reduced: 49 Increased: 44 New Position: 22.

Core-Mark Holding Company, Inc. markets fresh and broad-line supply solutions to the convenience retail industry. The company has market cap of $853.85 million. The firm sells and distributes various food/non-food products, including cigarettes, fast food, candies, snacks, groceries, fresh products, dairy products, breads, beverages, other tobacco products, general merchandise and equipment, and health and beauty care products. It has a 25.69 P/E ratio. The Company’s clients include traditional convenience stores, such as national and super-regional convenience store operators, as well as independently owned convenience stores; and alternative outlets, which include grocery stores, drug stores, liquor stores, cigarette and tobacco shops, hotel gift shops, military exchanges, college and corporate campuses, casinos, hardware stores, airport concessions, and other specialty and small format stores that carry convenience products.

The stock decreased 2.22% or $0.42 during the last trading session, reaching $18.5. About 499,399 shares traded or 43.96% up from the average. Core-Mark Holding Company, Inc. (NASDAQ:CORE) has declined 32.34% since May 16, 2017 and is downtrending. It has underperformed by 43.89% the S&P500.

Analysts await Core-Mark Holding Company, Inc. (NASDAQ:CORE) to report earnings on August, 14. They expect $0.27 EPS, up 28.57 % or $0.06 from last year’s $0.21 per share. CORE’s profit will be $12.46M for 17.13 P/E if the $0.27 EPS becomes a reality. After $0.07 actual EPS reported by Core-Mark Holding Company, Inc. for the previous quarter, Wall Street now forecasts 285.71 % EPS growth.

Falcon Point Capital Llc holds 1.68% of its portfolio in Core-Mark Holding Company, Inc. for 315,780 shares. Copeland Capital Management Llc owns 520,031 shares or 1.04% of their US portfolio. Moreover, 12Th Street Asset Management Company Llc has 0.53% invested in the company for 67,138 shares. The Illinois-based Advisory Research Inc has invested 0.44% in the stock. Oak Ridge Investments Llc, a Illinois-based fund reported 196,947 shares.

Since January 1, 0001, it had 0 insider buys, and 1 sale for $145,598 activity.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) Ratings Coverage

Ratings analysis reveals 40% of Core-Mark Holding Co’s analysts are positive. Out of 5 Wall Street analysts rating Core-Mark Holding Co, 2 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $21 while the high is $33.0. The stock’s average target of $22.33 is 20.70% above today’s ($18.5) share price. CORE was included in 9 notes of analysts from January 4, 2018. The firm has “Hold” rating given on Friday, January 5 by BMO Capital Markets. Jefferies maintained the stock with “Hold” rating in Thursday, March 1 report. Jefferies maintained the shares of CORE in report on Monday, January 29 with “Hold” rating. The stock of Core-Mark Holding Company, Inc. (NASDAQ:CORE) has “Hold” rating given on Friday, January 5 by Stephens. The stock has “Hold” rating by Stephens on Friday, March 2. The stock of Core-Mark Holding Company, Inc. (NASDAQ:CORE) earned “Market Perform” rating by BMO Capital Markets on Friday, March 2. The rating was maintained by BMO Capital Markets on Wednesday, May 9 with “Market Perform”. The stock of Core-Mark Holding Company, Inc. (NASDAQ:CORE) earned “Buy” rating by Raymond James on Friday, January 5.

More important recent Core-Mark Holding Company, Inc. (NASDAQ:CORE) news were published by: Benzinga.com which released: “53 Biggest Movers From Yesterday” on May 09, 2018, also Globenewswire.com published article titled: “Core-Mark Announces First Quarter 2018 Financial Results”, Globenewswire.com published: “Core-Mark Announces First Quarter 2018 Investor Call” on May 01, 2018. More interesting news about Core-Mark Holding Company, Inc. (NASDAQ:CORE) was released by: Nasdaq.com and their article: “Core-Mark to Webcast Presentation from 2018 BMO Farm to Market Conference” with publication date: May 14, 2018.

Core-Mark Holding Company, Inc. (NASDAQ:CORE) Institutional Positions Chart

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