Milacron Holdings Corp. (MCRN) Earns Coverage Optimism Rating of 0.13

News articles about Milacron Holdings Corp. (NYSE:MCRN) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Milacron Holdings Corp. earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the industrial products company an impact score of 47.3785741543027 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

MCRN has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Milacron Holdings Corp. from a “hold” rating to a “buy” rating and set a $20.00 price target on the stock in a report on Saturday, July 1st. BidaskClub downgraded shares of Milacron Holdings Corp. from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 23rd. 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. Finally, TheStreet raised shares of Milacron Holdings Corp. from a “d+” rating to a “c” rating in a research note on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $21.33.

Shares of Milacron Holdings Corp. (NYSE MCRN) traded up 0.85% during midday trading on Friday, reaching $15.39. 443,353 shares of the company were exchanged. Milacron Holdings Corp. has a 12-month low of $12.43 and a 12-month high of $19.57. The company has a 50 day moving average price of $17.75 and a 200-day moving average price of $17.87. The stock’s market capitalization is $1.07 billion.

Milacron Holdings Corp. (NYSE:MCRN) last released its quarterly earnings results on Thursday, July 27th. The industrial products company reported $0.46 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.05. Milacron Holdings Corp. had a negative return on equity of 53.40% and a negative net margin of 0.57%. The company had revenue of $309.20 million for the quarter, compared to analyst estimates of $308.25 million. During the same quarter in the prior year, the firm posted $0.41 EPS. Milacron Holdings Corp.’s quarterly revenue was up .4% compared to the same quarter last year. On average, analysts forecast that Milacron Holdings Corp. will post $1.61 earnings per share for the current fiscal year.

In other Milacron Holdings Corp. news, insider Ronald M. Krisanda sold 21,260 shares of the firm’s stock in a transaction dated Friday, June 2nd. The stock was sold at an average price of $18.00, for a total value of $382,680.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Ccmp Capital, Lp sold 7,545,124 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $16.71, for a total value of $126,079,022.04. The disclosure for this sale can be found here. Insiders have sold a total of 7,730,218 shares of company stock worth $129,457,192 in the last three months. Corporate insiders own 3.40% of the company’s stock.

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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.

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

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