Media stories about Milacron (NYSE:MCRN) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Milacron earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 44.6545896336246 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities research analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Milacron from a “buy” rating to a “hold” rating in a report on Tuesday. KeyCorp reiterated a “buy” rating and set a $24.00 price target on shares of Milacron in a report on Friday, February 23rd. ValuEngine upgraded shares of Milacron from a “buy” rating to a “strong-buy” rating in a report on Tuesday, February 20th. Finally, TheStreet downgraded shares of Milacron from a “b” rating to a “c” rating in a report on Friday, January 26th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $24.00.
Shares of Milacron stock opened at $21.04 on Thursday. The company has a market cap of $1,463.00, a PE ratio of 12.40, a PEG ratio of 2.08 and a beta of 0.56. Milacron has a twelve month low of $15.09 and a twelve month high of $22.62. The company has a current ratio of 2.30, a quick ratio of 1.43 and a debt-to-equity ratio of -5.90.
Milacron (NYSE:MCRN) last released its earnings results on Tuesday, February 20th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.08. Milacron had a net margin of 0.09% and a negative return on equity of 62.36%. The firm had revenue of $324.90 million during the quarter, compared to the consensus estimate of $302.91 million. During the same period in the previous year, the firm earned $0.47 earnings per share. Milacron’s revenue was up 12.4% compared to the same quarter last year. research analysts predict that Milacron will post 1.87 EPS for the current year.
In related news, CFO Bruce A. Chalmers sold 2,054 shares of the business’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $21.12, for a total value of $43,380.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Thomas J. Goeke sold 7,800 shares of the business’s stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of $21.09, for a total transaction of $164,502.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 105,232 shares of company stock valued at $2,088,200. 3.40% of the stock is owned by insiders.
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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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