Headlines about Milacron Holdings Corp. (NYSE:MCRN) have been trending somewhat positive this week, Accern reports. The research group scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Milacron Holdings Corp. earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 43.8608223680025 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media headlines that may have impacted Accern’s analysis:
Milacron Holdings Corp. (NYSE:MCRN) traded down 7.37% on Thursday, hitting $17.09. The stock had a trading volume of 989,833 shares. The company has a 50-day moving average of $17.36 and a 200 day moving average of $17.36. The company’s market cap is $1.18 billion. Milacron Holdings Corp. has a 12 month low of $12.43 and a 12 month high of $19.32.
Milacron Holdings Corp. (NYSE:MCRN) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.42 by $0.02. Milacron Holdings Corp. had a negative return on equity of 53.40% and a negative net margin of 0.57%. The business had revenue of $314.70 million during the quarter, compared to the consensus estimate of $301.13 million. During the same quarter in the previous year, the business earned $0.36 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. On average, analysts predict that Milacron Holdings Corp. will post $1.61 EPS for the current fiscal year.
Several research analysts have weighed in on the company. KeyCorp restated a “buy” rating and issued a $21.00 price target on shares of Milacron Holdings Corp. in a research note on Friday, October 20th. BidaskClub upgraded Milacron Holdings Corp. from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Zacks Investment Research downgraded Milacron Holdings Corp. from a “hold” rating to a “sell” rating in a research note on Wednesday, October 11th. Robert W. Baird restated a “buy” rating and issued a $23.00 price target on shares of Milacron Holdings Corp. in a research note on Wednesday, October 4th. Finally, TheStreet upgraded Milacron Holdings Corp. from a “d+” rating to a “c” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $21.67.
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In other Milacron Holdings Corp. news, CEO Thomas J. Goeke purchased 65,000 shares of the business’s stock in a transaction that occurred on Monday, August 21st. The shares were acquired at an average price of $15.41 per share, for a total transaction of $1,001,650.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Ronald M. Krisanda sold 8,820 shares of the business’s stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $18.54, for a total value of $163,522.80. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 7,765,488 shares of company stock worth $129,961,023. 3.40% of the stock is currently owned by insiders.
About Milacron Holdings Corp.
Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies.
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