Milacron (NYSE:MCRN) Given Coverage Optimism Rating of 0.10

News articles about Milacron (NYSE:MCRN) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. 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 news impact score of 0.10 on Accern’s scale. Accern also gave news coverage about the industrial products company an impact score of 46.2839879994693 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

MCRN has been the subject of several analyst reports. KeyCorp reiterated a “buy” rating and issued a $21.00 price objective on shares of Milacron in a research note on Friday, October 20th. BidaskClub upgraded shares of Milacron from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Robert W. Baird restated a “buy” rating and set a $23.00 price target on shares of Milacron in a research note on Wednesday, October 4th. TheStreet upgraded shares of Milacron from a “d+” rating to a “c” rating in a research note on Wednesday, August 9th. Finally, Zacks Investment Research upgraded shares of Milacron from a “sell” rating to a “hold” rating in a research note on Monday, October 30th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $21.67.

Milacron (NYSE:MCRN) opened at $18.11 on Wednesday. The company has a quick ratio of 1.31, a current ratio of 2.39 and a debt-to-equity ratio of -5.41. Milacron has a fifty-two week low of $15.09 and a fifty-two week high of $19.57. The company has a market cap of $1,259.21, a price-to-earnings ratio of 10.73, a price-to-earnings-growth ratio of 1.32 and a beta of 0.94.

Milacron (NYSE:MCRN) last posted its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.44 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.02. Milacron had a negative net margin of 0.09% and a negative return on equity of 56.93%. The company had revenue of $314.70 million during the quarter, compared to the consensus estimate of $301.13 million. During the same period in the previous year, the firm posted $0.36 EPS. The firm’s revenue was up 7.7% compared to the same quarter last year. equities research analysts anticipate that Milacron will post 1.62 earnings per share for the current year.

In other Milacron news, Director Waters S. Iv Davis sold 13,500 shares of the business’s stock in a transaction dated Tuesday, September 12th. The shares were sold at an average price of $15.99, for a total value of $215,865.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, major shareholder Ccmp Capital, Lp sold 10,974,093 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $16.00, for a total transaction of $175,585,488.00. The disclosure for this sale can be found here. Insiders have sold a total of 11,194,457 shares of company stock valued at $179,467,489 over the last ninety days. 3.40% of the stock is currently owned by insiders.

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Milacron Company Profile

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.

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

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