Tucows Inc. (NASDAQ:TCX) (TSE:TC) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports.

Brokerages have set a 1 year consensus price objective of $68.40 for the company and are expecting that the company will post $0.32 EPS for the current quarter, according to Zacks. Zacks has also assigned Tucows an industry rank of 39 out of 254 based on the ratings given to related companies.

TCX has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Tucows from a “buy” rating to a “hold” rating and set a $63.00 target price on the stock. in a research note on Thursday, May 21st. BidaskClub raised shares of Tucows from a “sell” rating to a “hold” rating in a report on Tuesday, March 10th. Finally, ValuEngine cut shares of Tucows from a “buy” rating to a “hold” rating in a report on Thursday, May 14th.

In other Tucows news, CEO Elliot Noss sold 3,000 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $52.03, for a total transaction of $156,090.00. Following the completion of the sale, the chief executive officer now directly owns 549,161 shares in the company, valued at $28,572,846.83. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Bret Fausett purchased 27,777 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were acquired at an average price of $45.00 per share, with a total value of $1,249,965.00. Following the completion of the transaction, the vice president now owns 27,777 shares of the company’s stock, valued at $1,249,965. The disclosure for this purchase can be found here. 13.50% of the stock is owned by corporate insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of TCX. Great West Life Assurance Co. Can purchased a new stake in shares of Tucows during the fourth quarter worth about $38,000. Advisor Group Holdings Inc. purchased a new stake in shares of Tucows during the first quarter worth about $42,000. SG Americas Securities LLC purchased a new stake in shares of Tucows during the first quarter worth about $113,000. Citigroup Inc. boosted its holdings in shares of Tucows by 47.0% during the fourth quarter. Citigroup Inc. now owns 1,924 shares of the information services provider’s stock worth $119,000 after purchasing an additional 615 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its holdings in shares of Tucows by 110.5% during the first quarter. BNP Paribas Arbitrage SA now owns 2,917 shares of the information services provider’s stock worth $141,000 after purchasing an additional 1,531 shares during the period. Institutional investors and hedge funds own 56.85% of the company’s stock.

Shares of TCX stock traded up $0.91 during trading hours on Wednesday, reaching $61.30. The company’s stock had a trading volume of 4,346 shares, compared to its average volume of 41,837. The firm’s 50 day simple moving average is $53.68 and its 200-day simple moving average is $56.08. The company has a market capitalization of $619.16 million, a price-to-earnings ratio of 42.25 and a beta of 1.04. Tucows has a fifty-two week low of $42.50 and a fifty-two week high of $67.32. The company has a quick ratio of 0.82, a current ratio of 0.84 and a debt-to-equity ratio of 1.29.

Tucows (NASDAQ:TCX) (TSE:TC) last announced its earnings results on Thursday, May 7th. The information services provider reported $0.26 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by ($0.01). Tucows had a return on equity of 16.98% and a net margin of 4.51%. The company had revenue of $83.99 million for the quarter, compared to analyst estimates of $79.20 million. Sell-side analysts predict that Tucows will post 1.3 earnings per share for the current year.

About Tucows

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in Canada, the United States, and Germany. It operates in two segments, Network Access Services and Domain Services. The Network Access Services segment engages in the provision of mobile services under the Ting Mobile name, including the sale of retail telephony services, mobile phone hardware, and related accessories.

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