Milacron Holdings Corp (NYSE:MCRN) Director Ira G. Boots sold 33,689 shares of the company’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $19.02, for a total transaction of $640,764.78. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Ira G. Boots also recently made the following trade(s):
- On Wednesday, December 13th, Ira G. Boots sold 24,300 shares of Milacron stock. The shares were sold at an average price of $18.26, for a total transaction of $443,718.00.
- On Tuesday, December 5th, Ira G. Boots sold 43,077 shares of Milacron stock. The shares were sold at an average price of $18.25, for a total transaction of $786,155.25.
Milacron Holdings Corp (NYSE:MCRN) opened at $18.69 on Friday. The company has a quick ratio of 1.31, a current ratio of 2.39 and a debt-to-equity ratio of -5.41. The firm has a market cap of $1,297.39, a PE ratio of 11.06, a price-to-earnings-growth ratio of 1.26 and a beta of 0.94. Milacron Holdings Corp has a fifty-two week low of $15.09 and a fifty-two week high of $19.57.
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 consensus estimate of $0.42 by $0.02. The company had revenue of $314.70 million for the quarter, compared to analyst estimates of $301.13 million. Milacron had a negative net margin of 0.09% and a negative return on equity of 56.93%. Milacron’s revenue was up 7.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.36 EPS. equities research analysts predict that Milacron Holdings Corp will post 1.62 earnings per share for the current fiscal year.
A number of large investors have recently bought and sold shares of MCRN. BNP Paribas Arbitrage SA boosted its holdings in Milacron by 765.3% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,754 shares of the industrial products company’s stock valued at $101,000 after purchasing an additional 5,089 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Milacron in the 3rd quarter worth approximately $101,000. Victory Capital Management Inc. lifted its holdings in shares of Milacron by 17.6% in the 2nd quarter. Victory Capital Management Inc. now owns 6,678 shares of the industrial products company’s stock worth $117,000 after acquiring an additional 1,000 shares during the last quarter. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of Milacron by 6.0% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,676 shares of the industrial products company’s stock worth $117,000 after acquiring an additional 379 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Milacron in the 3rd quarter worth approximately $132,000. Institutional investors own 99.73% of the company’s stock.
Several analysts recently issued reports on the stock. Zacks Investment Research raised shares of Milacron from a “hold” rating to a “buy” rating and set a $21.00 price objective for the company in a research note on Friday. KeyCorp reiterated a “buy” rating and issued a $21.00 target price on shares of Milacron in a report on Friday, October 20th. BidaskClub upgraded shares of Milacron from a “hold” rating to a “buy” rating in a report on Friday, October 13th. TheStreet upgraded shares of Milacron from a “c” rating to a “b” rating in a report on Wednesday, December 13th. Finally, Robert W. Baird reiterated a “buy” rating and issued a $23.00 target price on shares of Milacron in a report on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Milacron presently has an average rating of “Buy” and an average price target of $21.50.
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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.
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