Corelogic (NYSE:CLGX) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.45-2.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.52. The company issued revenue guidance of $1.7-1.74 billion, compared to the consensus revenue estimate of $1.69 billion.Corelogic also updated its FY 2019 guidance to $2.45-2.70 EPS.

Shares of NYSE:CLGX traded up $2.46 on Friday, hitting $45.47. The company had a trading volume of 932,469 shares, compared to its average volume of 544,944. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.22 and a current ratio of 1.17. Corelogic has a 52-week low of $31.87 and a 52-week high of $51.28. The business has a 50 day moving average of $43.33. The firm has a market capitalization of $3.47 billion, a P/E ratio of 19.27, a PEG ratio of 1.83 and a beta of 0.83.

Corelogic (NYSE:CLGX) last released its earnings results on Wednesday, July 24th. The business services provider reported $0.75 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.66 by $0.09. Corelogic had a return on equity of 17.14% and a net margin of 1.80%. The firm had revenue of $459.54 million for the quarter, compared to the consensus estimate of $444.22 million. During the same period in the prior year, the business posted $1.00 earnings per share. The firm’s revenue for the quarter was down 5.9% compared to the same quarter last year. On average, research analysts predict that Corelogic will post 2.13 EPS for the current fiscal year.

Several research firms recently weighed in on CLGX. SunTrust Banks increased their target price on Fidelity National Financial to $45.00 and gave the stock a buy rating in a research report on Friday, April 26th. Zacks Investment Research downgraded Phoenix New Media from a hold rating to a sell rating in a research report on Tuesday. Finally, ValuEngine upgraded Yandex from a hold rating to a buy rating in a research report on Saturday, April 13th. Eight research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $46.30.

In other news, Director David F. Walker sold 2,000 shares of the firm’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $40.50, for a total value of $81,000.00. Following the transaction, the director now directly owns 45,219 shares in the company, valued at approximately $1,831,369.50. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Frank Martell sold 7,500 shares of the firm’s stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $43.03, for a total value of $322,725.00. Following the completion of the transaction, the chief executive officer now owns 324,436 shares in the company, valued at $13,960,481.08. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,590 shares of company stock worth $1,232,693. Company insiders own 1.10% of the company’s stock.

Corelogic Company Profile

CoreLogic, Inc, together with its subsidiaries, provides property information, insight, analytics, and data-enabled solutions in North America, Western Europe, and the Asia Pacific. The company operates in two segments, Property Intelligence & Risk Management Solutions (PIRM) and Underwriting & Workflow Solutions (UWS).

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Earnings History and Estimates for Corelogic (NYSE:CLGX)

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