Analyst Ratings for Multi-Color Corp. (LABL)

Updated: 2017-07-27

Shares of Multi-Color Corp. (NASDAQ:LABL) have received a consensus rating of Hold from Wall Street analysts. Last month, LABL received an average rating of Hold.

6 analysts issued ratings on the stock, where 0 gave LABL a buy rating, 0 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 1 gave a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

LABL was given price targets by several analysts. The maximum price target given was 88, implying a possible profit of 10 percent. The most pessimistic price target was 67, which equates to a potential downside of -16.25 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5.67 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -13.35 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.37 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.44 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

LABL has an estimated earnings growth rate of 10.86 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of LABL is 2.06.

LABL has a 52-week high of 88.25 and a 52-week low of 62.51. The current market price is above the trailing year's low by 27.98 percent, and 9.35 percent lower than its 52-week high. LABL has a P/E ratio of 22.35. Investors typically compare the P/E ratio to a company's peers in the industry. The LABL value stock report compares LABL to some of its peers using value stock charts. The market cap of LABL is $1.35 billion. LABL is estimated to release their earnings results for the quarter on 0000-00-00, days from today.