A number of firms have modified their ratings and price targets on shares of Multi-Color (NASDAQ: LABL) recently:

  • 2/7/2018 – Multi-Color had its price target lowered by analysts at Robert W. Baird from $80.00 to $75.00. They now have a “neutral” rating on the stock.
  • 2/7/2018 – Multi-Color had its price target lowered by analysts at BMO Capital Markets from $88.00 to $75.00. They now have a “market perform” rating on the stock.
  • 1/26/2018 – Multi-Color was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/20/2018 – Multi-Color was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Multi-Color is one of the largest producers of printed labels for branded consumer products in the United States. Labels printed by the Company appear principally on mass-marketed products for which label appearance is a significant element of product marketing and merchandising. Multi-Color produces labels for a variety of consumer products including liquid detergents, fabric softeners, food products, liquid cleaners, anti-freeze and chewing gum. “
  • 1/19/2018 – Multi-Color was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $90.00 price target on the stock. According to Zacks, “Multi-Color is one of the largest producers of printed labels for branded consumer products in the United States. Labels printed by the Company appear principally on mass-marketed products for which label appearance is a significant element of product marketing and merchandising. Multi-Color produces labels for a variety of consumer products including liquid detergents, fabric softeners, food products, liquid cleaners, anti-freeze and chewing gum. “
  • 1/19/2018 – Multi-Color was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/9/2018 – Multi-Color was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Multi-Color is one of the largest producers of printed labels for branded consumer products in the United States. Labels printed by the Company appear principally on mass-marketed products for which label appearance is a significant element of product marketing and merchandising. Multi-Color produces labels for a variety of consumer products including liquid detergents, fabric softeners, food products, liquid cleaners, anti-freeze and chewing gum. “
  • 1/8/2018 – Multi-Color was upgraded by analysts at Hilliard Lyons from a “neutral” rating to a “buy” rating.
  • 1/3/2018 – Multi-Color was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Multi-Color is one of the largest producers of printed labels for branded consumer products in the United States. Labels printed by the Company appear principally on mass-marketed products for which label appearance is a significant element of product marketing and merchandising. Multi-Color produces labels for a variety of consumer products including liquid detergents, fabric softeners, food products, liquid cleaners, anti-freeze and chewing gum. “
  • 12/26/2017 – Multi-Color was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Multi-Color is one of the largest producers of printed labels for branded consumer products in the United States. Labels printed by the Company appear principally on mass-marketed products for which label appearance is a significant element of product marketing and merchandising. Multi-Color produces labels for a variety of consumer products including liquid detergents, fabric softeners, food products, liquid cleaners, anti-freeze and chewing gum. “
  • 12/22/2017 – Multi-Color was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 12/15/2017 – Multi-Color was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.

Shares of Multi-Color Co. (NASDAQ:LABL) opened at $68.55 on Friday. Multi-Color Co. has a 1-year low of $63.05 and a 1-year high of $89.70. The company has a current ratio of 1.94, a quick ratio of 1.48 and a debt-to-equity ratio of 1.13. The company has a market cap of $1,400.00, a price-to-earnings ratio of 18.33 and a beta of 0.76.

Multi-Color (NASDAQ:LABL) last posted its quarterly earnings results on Tuesday, February 6th. The business services provider reported $0.71 EPS for the quarter, missing the Zacks’ consensus estimate of $0.72 by ($0.01). Multi-Color had a net margin of 6.08% and a return on equity of 13.02%. The firm had revenue of $352.70 million for the quarter, compared to the consensus estimate of $346.37 million. During the same quarter in the prior year, the company earned $0.70 earnings per share. The company’s quarterly revenue was up 67.4% compared to the same quarter last year. equities analysts anticipate that Multi-Color Co. will post 3.84 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Thursday, February 15th will be issued a dividend of $0.05 per share. The ex-dividend date is Wednesday, February 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.29%. Multi-Color’s dividend payout ratio is currently 5.35%.

In other Multi-Color news, Director Robert R. Buck sold 9,530 shares of the business’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $72.06, for a total transaction of $686,731.80. Following the transaction, the director now directly owns 17,441 shares of the company’s stock, valued at approximately $1,256,798.46. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Michael Julian Henry acquired 1,000 shares of Multi-Color stock in a transaction on Monday, November 13th. The shares were bought at an average cost of $71.03 per share, for a total transaction of $71,030.00. The disclosure for this purchase can be found here. Corporate insiders own 19.40% of the company’s stock.

Multi-Color Corporation (Multi-Color) is engaged in label solutions business, supporting brands, including producers of home and personal care, wine and spirit, food and beverage, healthcare and specialty consumer products. The Company serves international brand owners in North, Central and South America, Europe, Australia, New Zealand, South Africa and China and Southeast Asia with a range of label technologies in Pressure Sensitive, Glue-Applied (Cut and Stack), In-Mold, Shrink Sleeve and Heat Transfer.

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