Analyst Ratings for Milacron Holdings Corp. (MCRN)Updated: 2017-07-28
An average rating of Overweight has been given to Milacron Holdings Corp. (NYSE:MCRN) by analysts covering the stock. Last month, MCRN received an average rating of Overweight.
A buy rating was issued by 3 analysts, 1 gave an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 issued 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.
MCRN was given price targets by several analysts. The highest price target was 24, implying a possible profit of 30.43 percent. The most pessimistic analyst gave a price target of 18, implying a possible loss of -2.17 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -1.16 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.31 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 0.01 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.
In the trailing 52-weeks, MCRN hit 19.57 at the highest peak, while it's lowest trading point was 12.43. The current market price is above the trailing year's low by 48.03 percent, and 5.98 percent lower than its 52-week high. MCRN has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The MCRN value stock report compares MCRN to some of its peers using value stock charts. The stock has a market capitalization of $1.32 billion. MCRN's next earnings release will be on 0000-00-00, which is days away.