Triple-S Management (NYSE:GTS) updated its FY19 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $2.40-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.14. The company issued revenue guidance of $3.29-3.33 billion, compared to the consensus revenue estimate of $3.19 billion.Triple-S Management also updated its FY 2019 guidance to $2.40-2.60 EPS.
A number of equities analysts have recently commented on the stock. ValuEngine downgraded shares of Triple-S Management from a buy rating to a hold rating in a research note on Friday, July 26th. Zacks Investment Research downgraded shares of Triple-S Management from a buy rating to a hold rating in a research note on Saturday.
Shares of GTS stock traded down $0.16 during mid-day trading on Friday, reaching $25.66. The company’s stock had a trading volume of 101,395 shares, compared to its average volume of 103,158. The firm’s 50 day moving average is $24.29. Triple-S Management has a 12-month low of $15.45 and a 12-month high of $27.86. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.60 and a quick ratio of 0.60. The stock has a market cap of $627.08 million, a price-to-earnings ratio of -17.46, a PEG ratio of 1.03 and a beta of 0.25.
About Triple-S Management
Triple-S Management Corporation, through its subsidiaries, provides a portfolio of managed care and related products in the commercial, Medicare Advantage, and Medicaid markets. It operates through three segments: Managed Care, Life Insurance, and Property and Casualty Insurance. The company offers various managed care products, including health maintenance organization plans; preferred provider organization plans; BlueCard program; Medicare Supplement products; Medicare Advantage products; Medicaid plans; and claims processing and other administrative services to employers, professional and trade associations, individuals, and government entities.
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