Equities analysts expect Multi-Color Co. (NASDAQ:LABL) to report earnings of $0.78 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Multi-Color’s earnings. The highest EPS estimate is $0.79 and the lowest is $0.76. Multi-Color reported earnings of $0.71 per share during the same quarter last year, which indicates a positive year over year growth rate of 9.9%. The firm is scheduled to report its next quarterly earnings results on Tuesday, February 5th.

According to Zacks, analysts expect that Multi-Color will report full-year earnings of $4.29 per share for the current fiscal year, with EPS estimates ranging from $4.27 to $4.30. For the next year, analysts expect that the firm will post earnings of $4.51 per share, with EPS estimates ranging from $4.27 to $4.75. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that that provide coverage for Multi-Color.

Multi-Color (NASDAQ:LABL) last issued its earnings results on Tuesday, November 6th. The business services provider reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.04. The business had revenue of $435.00 million for the quarter, compared to analyst estimates of $453.46 million. Multi-Color had a net margin of 4.99% and a return on equity of 11.35%. The firm’s revenue was up 69.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.06 EPS.

LABL has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of Multi-Color from a “hold” rating to a “sell” rating in a research report on Saturday, November 10th. ValuEngine upgraded shares of Multi-Color from a “strong sell” rating to a “sell” rating in a research report on Friday, August 10th. BidaskClub upgraded shares of Multi-Color from a “strong sell” rating to a “sell” rating in a research report on Saturday, September 8th. KeyCorp lowered shares of Multi-Color from a “sector weight” rating to an “underweight” rating and set a $57.00 price target on the stock. in a research report on Wednesday, August 15th. Finally, BMO Capital Markets reduced their price target on shares of Multi-Color to $53.00 and set a “market perform” rating on the stock in a research report on Wednesday, November 7th. Four research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company’s stock. Multi-Color currently has an average rating of “Hold” and an average price target of $67.60.

In other Multi-Color news, insider Nigel A. Vinecombe sold 25,000 shares of the business’s stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $60.88, for a total value of $1,522,000.00. Following the transaction, the insider now directly owns 62,190 shares in the company, valued at $3,786,127.20. The transaction was disclosed in a document filed with the SEC, which is available through this link. 32.20% of the stock is owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Crossmark Global Holdings Inc. bought a new position in shares of Multi-Color in the second quarter worth about $206,000. Laurion Capital Management LP bought a new position in shares of Multi-Color in the second quarter worth about $207,000. Piedmont Investment Advisors LLC bought a new position in shares of Multi-Color in the second quarter worth about $210,000. Xact Kapitalforvaltning AB bought a new position in shares of Multi-Color in the first quarter worth about $216,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Multi-Color in the third quarter worth about $207,000. 71.82% of the stock is owned by institutional investors.

NASDAQ:LABL opened at $45.38 on Thursday. The stock has a market capitalization of $954.27 million, a price-to-earnings ratio of 12.07 and a beta of 0.84. Multi-Color has a 12 month low of $44.65 and a 12 month high of $89.70. The company has a current ratio of 1.84, a quick ratio of 1.42 and a debt-to-equity ratio of 2.11.

The company also recently declared a quarterly dividend, which will be paid on Saturday, December 1st. Shareholders of record on Thursday, November 15th will be given a $0.05 dividend. The ex-dividend date is Wednesday, November 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.44%. Multi-Color’s dividend payout ratio (DPR) is presently 5.32%.

About Multi-Color

Multi-Color Corporation provides various label solutions in the United States, Australia, Germany, and internationally. The company offers pressure sensitive labels; in-mold labels; heat transfer labels; cut and stack labels, such as peel-away promotional labels, thermochromics, holographics, and metalized films, as well as scratch-off coupons and static-clings; and roll fed labels.

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Earnings History and Estimates for Multi-Color (NASDAQ:LABL)

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