Moneygram International (NASDAQ:MGI) Receives Daily News Sentiment Rating of 0.07

Press coverage about Moneygram International (NASDAQ:MGI) has been trending somewhat positive on Friday, according to Accern Sentiment. The research firm identifies positive and negative media coverage by monitoring 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. Moneygram International earned a coverage optimism score of 0.07 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 45.6548088861177 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

MGI has been the subject of several research reports. ValuEngine cut shares of Moneygram International from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Northland Securities reaffirmed a “hold” rating on shares of Moneygram International in a research note on Tuesday, September 5th. Finally, BidaskClub lowered shares of Moneygram International from a “hold” rating to a “sell” rating in a research note on Saturday, October 21st. Two research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Moneygram International presently has a consensus rating of “Hold” and a consensus price target of $16.21.

Shares of Moneygram International (NASDAQ MGI) traded down 0.13% during mid-day trading on Friday, reaching $15.77. 16,680 shares of the company’s stock traded hands. The company has a 50 day moving average of $15.97 and a 200 day moving average of $16.61. Moneygram International has a 12 month low of $5.91 and a 12 month high of $17.92. The company has a market cap of $854.95 million, a price-to-earnings ratio of 32.45 and a beta of 1.96.

Moneygram International (NASDAQ:MGI) last released its quarterly earnings data on Monday, August 7th. The financial services provider reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. The firm had revenue of $410.00 million during the quarter, compared to analyst estimates of $417.61 million. Moneygram International had a negative return on equity of 14.11% and a net margin of 2.03%. During the same quarter in the prior year, the company posted $0.15 earnings per share. Analysts expect that Moneygram International will post $1.07 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Moneygram International (NASDAQ:MGI) Receives Daily News Sentiment Rating of 0.07” was first posted by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.dispatchtribunal.com/2017/10/27/somewhat-favorable-media-coverage-somewhat-unlikely-to-affect-moneygram-international-mgi-stock-price.html.

Moneygram International Company Profile

MoneyGram International, Inc (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company’s Global Funds Transfer Segment provides money transfer services and bill payment services primarily to unbanked and underbanked consumers.

Insider Buying and Selling by Quarter for Moneygram International (NASDAQ:MGI)

Receive News & Ratings for Moneygram International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moneygram International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply