Media coverage about Milacron Holdings Corp. (NYSE:MCRN) has been trending somewhat negative on Monday, according to Alpha One Sentiment Analysis. The research firm, a service of Accern, scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Milacron Holdings Corp. earned a media sentiment score of -0.01 on Alpha One’s scale. Alpha One also assigned media coverage about the industrial products company an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an impact on the company’s share price in the near term.
Here are some of the headlines that may have effected AlphaOne’s rankings:
- Milacron’s CIMCOOL® Fluid Technology Introduces a Line of MILPRO® Process Oils (finance.yahoo.com)
- Milacron Holdings Corp. (MCRN) Expected to Announce Quarterly Sales of $305.99 Million (americanbankingnews.com)
- James Gentilcore Sells 15,000 Shares of Milacron Holdings Corp. (MCRN) Stock (americanbankingnews.com)
- Milacron Holdings Corp. (MCRN) Expected to Post Earnings of $0.41 Per Share (americanbankingnews.com)
A number of brokerages have recently commented on MCRN. Zacks Investment Research lowered shares of Milacron Holdings Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, March 14th. BidaskClub upgraded shares of Milacron Holdings Corp. from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 10th. Finally, Robert W. Baird set a $23.00 target price on shares of Milacron Holdings Corp. and gave the company a “buy” rating in a research note on Wednesday, May 17th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $21.33.
Milacron Holdings Corp. (MCRN) traded up 1.42% during midday trading on Monday, hitting $19.33. 1,145,677 shares of the stock traded hands. The company has a 50-day moving average price of $17.85 and a 200 day moving average price of $18.09. Milacron Holdings Corp. has a one year low of $12.43 and a one year high of $19.45. The stock’s market cap is $1.34 billion.
Milacron Holdings Corp. (NYSE:MCRN) last announced its quarterly earnings results on Thursday, April 27th. The industrial products company reported $0.32 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.32. The business had revenue of $285.40 million during the quarter, compared to the consensus estimate of $270.31 million. Milacron Holdings Corp. had a negative net margin of 0.33% and a negative return on equity of 52.73%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.27 EPS. Equities research analysts anticipate that Milacron Holdings Corp. will post $1.60 earnings per share for the current year.
In other Milacron Holdings Corp. news, Director Ira G. Boots sold 4,044 shares of the firm’s stock in a transaction dated Wednesday, April 5th. The shares were sold at an average price of $18.25, for a total transaction of $73,803.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James Gentilcore sold 15,000 shares of the firm’s stock in a transaction dated Wednesday, June 14th. The shares were sold at an average price of $19.14, for a total transaction of $287,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 23,349,774 shares of company stock valued at $385,857,503 over the last 90 days. 3.40% of the stock is currently owned by insiders.
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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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