Tucows Inc 2017 Q2 Institutional Investor Sentiment Better Than Expected

December 7, 2017 – By Louis Casey

Sentiment for Tucows Inc (NASDAQ:TCX)

Tucows Inc (NASDAQ:TCX) institutional sentiment increased to 2.32 in 2017 Q2. Its up 0.89, from 1.43 in 2017Q1. The ratio is positive, as 51 active investment managers increased or opened new holdings, while 22 sold and trimmed stakes in Tucows Inc. The active investment managers in our partner’s database now possess: 4.25 million shares, up from 2.79 million shares in 2017Q1. Also, the number of active investment managers holding Tucows Inc in their top 10 holdings decreased from 3 to 2 for a decrease of 1. Sold All: 15 Reduced: 7 Increased: 17 New Position: 34.

Tucows Inc. provides network access, domain name registration, email, mobile telephony, and other Internet services in the United States, Canada, and Germany. The company has market cap of $656.86 million. It operates in two divisions, Network Access Services and Domain Services. It has a 43.76 P/E ratio. The Network Access Services segment offers mobile and fixed high-speed Internet access services under the Ting brand, and Internet hosting and network consulting services.

The stock decreased 0.88% or $0.55 during the last trading session, reaching $62.1. About 9,160 shares traded. Tucows Inc. (NASDAQ:TCX) has risen 148.18% since December 7, 2016 and is uptrending. It has outperformed by 131.48% the S&P500.

Analysts await Tucows Inc. (NASDAQ:TCX) to report earnings on February, 6. They expect $0.54 earnings per share, up 107.69 % or $0.28 from last year’s $0.26 per share. TCX’s profit will be $5.71 million for 28.75 P/E if the $0.54 EPS becomes a reality. After $0.32 actual earnings per share reported by Tucows Inc. for the previous quarter, Wall Street now forecasts 68.75 % EPS growth.

Osmium Partners Llc holds 12.83% of its portfolio in Tucows Inc. for 368,292 shares. Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv owns 503,961 shares or 5.46% of their US portfolio. Moreover, K.J. Harrison & Partners Inc has 1.18% invested in the company for 56,127 shares. The Quebec – Canada-based Van Berkom & Associates Inc. has invested 0.61% in the stock. Cls Investments Llc, a Nebraska-based fund reported 165,000 shares.#img1#

More news for Tucows Inc. (NASDAQ:TCX) were recently published by: Marketwatch.com, which released: “Tucows Inc.” on April 22, 2011. Fool.ca‘s article titled: “Will a US Move to Scuttle Net Neutrality Affect Tucows Inc.?” and published on November 28, 2017 is yet another important article.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

Be the first to comment

Leave a Reply

Your email address will not be published.