News headlines about MDC Partners (NASDAQ:MDCA) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MDC Partners earned a news sentiment score of 0.05 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 46.1452548880487 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
MDCA has been the subject of several research analyst reports. ValuEngine lowered shares of MDC Partners from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. Zacks Investment Research raised shares of MDC Partners from a “hold” rating to a “buy” rating and set a $9.25 target price for the company in a research note on Wednesday, April 18th. Royal Bank of Canada set a $6.00 target price on shares of MDC Partners and gave the stock a “hold” rating in a research note on Friday, May 18th. They noted that the move was a valuation call. Wells Fargo & Co raised shares of MDC Partners from a “market perform” rating to an “outperform” rating in a research note on Thursday, April 12th. Finally, BidaskClub raised shares of MDC Partners from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 23rd. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $10.56.
Shares of NASDAQ MDCA traded up $0.05 during midday trading on Wednesday, hitting $5.55. The company’s stock had a trading volume of 372,952 shares, compared to its average volume of 471,949. The company has a debt-to-equity ratio of -3.37, a quick ratio of 0.74 and a current ratio of 0.74. MDC Partners has a 1 year low of $3.80 and a 1 year high of $12.26. The firm has a market cap of $328.97 million, a price-to-earnings ratio of 9.10, a PEG ratio of 2.35 and a beta of 1.15.
MDC Partners (NASDAQ:MDCA) last posted its quarterly earnings data on Wednesday, May 9th. The business services provider reported ($0.56) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by ($0.44). MDC Partners had a net margin of 14.91% and a negative return on equity of 6.92%. The business had revenue of $327.00 million during the quarter, compared to analysts’ expectations of $352.73 million. During the same period in the previous year, the business posted ($0.21) EPS. The company’s revenue for the quarter was down 5.1% compared to the same quarter last year. equities analysts predict that MDC Partners will post 0.39 EPS for the current fiscal year.
About MDC Partners
MDC Partners Inc provides marketing, advertising, activation, communications, and strategic consulting solutions worldwide. It offers a range of customized services, including global advertising and marketing services; media buying, planning, and optimization; interactive and mobile marketing; direct marketing; database and customer relationship management; sales promotion; corporate communications; market research; data analytics and insights; corporate identity, design, and branding services; social media communications; product and service innovation; e-commerce management; and technology services.
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