MDC Partners (MDCA) Earning Somewhat Favorable Press Coverage, Accern Reports
News headlines about MDC Partners (NASDAQ:MDCA) have been trending somewhat positive on Sunday, according to Accern. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. MDC Partners earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 45.6924233365714 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern’s analysis:
- MDC Partners (MDCA) & Its Peers Head to Head Contrast (americanbankingnews.com)
- MDC Partners Inc (MDCA) Given “Buy” Rating at Jefferies Group LLC (americanbankingnews.com)
- MDC Partners, Inc. breached its 50 day moving average in a Bullish Manner : MDCA-US : September 21, 2017 (finance.yahoo.com)
- Reviewing MDC Partners (MDCA) & Its Competitors (americanbankingnews.com)
- MDC Partners Inc. (MDCA) Expected to Announce Earnings of $0.11 Per Share (americanbankingnews.com)
MDC Partners (NASDAQ MDCA) traded up 2.46% on Friday, hitting $10.40. 197,115 shares of the company’s stock traded hands. MDC Partners has a 12 month low of $2.75 and a 12 month high of $11.80. The stock’s market cap is $607.64 million. The stock has a 50 day moving average price of $9.96 and a 200-day moving average price of $9.23.
MDC Partners (NASDAQ:MDCA) last posted its earnings results on Monday, August 7th. The business services provider reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.02). The firm had revenue of $390.53 million for the quarter, compared to the consensus estimate of $368.74 million. MDC Partners had a negative net margin of 1.70% and a negative return on equity of 5.72%. The firm’s revenue was up 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.02 earnings per share. Equities analysts predict that MDC Partners will post $0.31 earnings per share for the current fiscal year.
Several research firms have commented on MDCA. Royal Bank Of Canada set a $10.00 price target on shares of MDC Partners and gave the stock a “hold” rating in a research note on Friday, June 2nd. Jefferies Group LLC lifted their price target on shares of MDC Partners to $12.00 and gave the stock a “buy” rating in a research note on Monday, June 5th. Zacks Investment Research raised shares of MDC Partners from a “strong sell” rating to a “hold” rating in a research note on Thursday, June 29th. BidaskClub raised shares of MDC Partners from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 19th. Finally, BMO Capital Markets reissued a “buy” rating and set a $15.00 price target on shares of MDC Partners in a research note on Wednesday, September 13th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $12.14.
MDC Partners Company Profile
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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