Milacron (MCRN) Earning Somewhat Favorable Media Coverage, Study Shows

Media headlines about Milacron (NYSE:MCRN) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Milacron earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave news headlines about the industrial products company an impact score of 46.2917893632983 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

Milacron opened at $19.83 on Wednesday, MarketBeat reports. Milacron has a twelve month low of $19.52 and a twelve month high of $19.84. The company has a debt-to-equity ratio of -7.62, a quick ratio of 1.41 and a current ratio of 2.36. The company has a market capitalization of $1.38 billion, a PE ratio of 11.73, a P/E/G ratio of 1.92 and a beta of 0.64.

Milacron (NYSE:MCRN) last posted its earnings results on Thursday, April 26th. The industrial products company reported $0.40 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.01. Milacron had a negative return on equity of 77.35% and a net margin of 2.51%. The company had revenue of $310.40 million for the quarter, compared to analyst estimates of $298.15 million. During the same quarter last year, the company earned $0.32 earnings per share. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. equities research analysts anticipate that Milacron will post 1.84 EPS for the current fiscal year.

A number of brokerages have commented on MCRN. ValuEngine cut Milacron from a “buy” rating to a “hold” rating in a research note on Friday, April 27th. Zacks Investment Research raised Milacron from a “hold” rating to a “buy” rating and set a $22.00 price objective for the company in a research note on Monday, January 22nd. TheStreet lowered Milacron from a “b” rating to a “c” rating in a report on Friday, January 26th. Finally, KeyCorp restated a “buy” rating and issued a $24.00 target price on shares of Milacron in a report on Friday, February 23rd. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $24.00.

In other news, CEO Thomas J. Goeke sold 7,800 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $21.09, for a total value of $164,502.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jim M. Kratochvil sold 28,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $21.65, for a total value of $606,200.00. The disclosure for this sale can be found here. Insiders sold 37,854 shares of company stock worth $814,082 in the last 90 days. Corporate insiders own 2.70% of the company’s stock.

Milacron Company Profile

Milacron Holdings Corp. manufactures, distributes, and services engineered and customized systems within the plastic technology and processing industry in the United States and internationally. The company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies (Fluids).

Insider Buying and Selling by Quarter for Milacron (NYSE:MCRN)

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