Milacron (MCRN) Receiving Somewhat Positive Press Coverage, Report Shows

News coverage about Milacron (NYSE:MCRN) has trended somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Milacron earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned media stories about the industrial products company an impact score of 44.9281912379087 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Shares of Milacron (MCRN) opened at $17.94 on Tuesday. Milacron has a 1-year low of $15.09 and a 1-year high of $19.57. The company has a debt-to-equity ratio of -5.41, a current ratio of 2.39 and a quick ratio of 1.31. The firm has a market cap of $1,244.64, a P/E ratio of 10.61, a P/E/G ratio of 1.31 and a beta of 0.94.

Milacron (NYSE:MCRN) last posted its earnings results on Thursday, October 26th. The industrial products company reported $0.44 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate 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 firm had revenue of $314.70 million during the quarter, compared to the consensus estimate of $301.13 million. During the same quarter last year, the firm earned $0.36 EPS. The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. equities analysts expect that Milacron will post 1.62 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. BidaskClub lowered shares of Milacron from a “sell” rating to a “strong sell” rating in a research report on Monday, August 14th. Zacks Investment Research lowered shares of Milacron from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Robert W. Baird reaffirmed a “buy” rating and set a $23.00 price target on shares of Milacron in a research report on Wednesday, October 4th. Finally, KeyCorp reiterated a “buy” rating and issued a $21.00 target price on shares of Milacron in a report on Friday, October 20th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $21.67.

In other Milacron news, CFO Bruce A. Chalmers sold 8,600 shares of the business’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $18.18, for a total value of $156,348.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Ronald M. Krisanda sold 10,000 shares of the business’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $18.11, for a total transaction of $181,100.00. The disclosure for this sale can be found here. Insiders sold a total of 11,184,634 shares of company stock valued at $179,436,207 in the last quarter. 3.40% of the stock is owned by insiders.

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About Milacron

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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