MDC Partners Inc. (MDCA) Scheduled to Post Earnings on Monday
MDC Partners Inc. (NASDAQ:MDCA) is set to post its quarterly earnings results after the market closes on Monday, August 7th. Analysts expect MDC Partners to post earnings of $0.16 per share for the quarter.
Shares of MDC Partners Inc. (NASDAQ MDCA) opened at 9.65 on Friday. MDC Partners Inc. has a one year low of $2.75 and a one year high of $14.36. The company’s market cap is $549.48 million. The stock’s 50 day moving average is $9.59 and its 200-day moving average is $8.62.
MDCA has been the subject of several recent analyst reports. BidaskClub cut shares of MDC Partners from a “strong-buy” rating to a “buy” rating in a research note on Thursday. Royal Bank Of Canada reaffirmed a “hold” rating on shares of MDC Partners in a research note on Thursday, July 6th. Jefferies Group LLC boosted their price objective on shares of MDC Partners to $12.00 and gave the company a “buy” rating in a research note on Monday, June 5th. Wells Fargo & Company reaffirmed a “hold” rating on shares of MDC Partners in a research note on Friday, April 28th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $15.00 price objective on shares of MDC Partners in a research note on Monday, April 17th. Five investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $11.86.
About MDC Partners
MDC Partners Inc is a provider of global marketing, advertising, activation, communications and strategic consulting solutions. The Company and its subsidiary agencies (Partner Firms) deliver a range of customized services. The Company’s segments include Reportable Segment, All Other and Corporate. The Reportable segment consists of the Company’s integrated advertising, media and public relations service companies.
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