Wall Street brokerages expect Milacron Holdings Corp (NYSE:MCRN) to post earnings per share of $0.40 for the current quarter, Zacks Investment Research reports. Four analysts have made estimates for Milacron’s earnings, with the lowest EPS estimate coming in at $0.38 and the highest estimate coming in at $0.42. Milacron posted earnings per share of $0.47 in the same quarter last year, which would suggest a negative year over year growth rate of 14.9%. The company is scheduled to report its next quarterly earnings report on Thursday, February 22nd.

According to Zacks, analysts expect that Milacron will report full year earnings of $1.62 per share for the current financial year, with EPS estimates ranging from $1.61 to $1.65. For the next year, analysts anticipate that the firm will report earnings of $1.74 per share, with EPS estimates ranging from $1.62 to $1.80. Zacks’ EPS calculations are an average based on a survey of research firms that that provide coverage for Milacron.

Milacron (NYSE:MCRN) last announced its earnings results on Thursday, October 26th. The industrial products company reported $0.44 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.02. Milacron had a negative net margin of 0.09% and a negative return on equity of 56.93%. The company had revenue of $314.70 million for the quarter, compared to analysts’ expectations of $301.13 million. During the same period last year, the firm earned $0.36 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis.

Several research analysts have recently commented on the stock. KeyCorp reaffirmed a “buy” rating and set a $21.00 target price on shares of Milacron in a report on Friday, October 20th. BidaskClub upgraded shares of Milacron from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. Zacks Investment Research lowered shares of Milacron from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, Robert W. Baird reiterated a “buy” rating and set a $23.00 price target on shares of Milacron in a research report on Wednesday, October 4th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $21.67.

In other Milacron news, COO Ronald M. Krisanda sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $18.11, for a total value of $181,100.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Bruce A. Chalmers sold 8,600 shares of the firm’s stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $18.18, for a total transaction of $156,348.00. The disclosure for this sale can be found here. Insiders have sold a total of 11,184,634 shares of company stock worth $179,436,207 in the last quarter. 3.40% of the stock is currently owned by company insiders.

Institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. boosted its position in Milacron by 555.5% in the second quarter. JPMorgan Chase & Co. now owns 33,432 shares of the industrial products company’s stock valued at $588,000 after buying an additional 28,332 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in Milacron in the second quarter valued at approximately $1,159,000. FMR LLC acquired a new stake in Milacron in the second quarter valued at approximately $10,556,000. Renaissance Technologies LLC acquired a new stake in Milacron in the first quarter valued at approximately $1,628,000. Finally, AXA boosted its position in Milacron by 20.2% in the second quarter. AXA now owns 63,800 shares of the industrial products company’s stock valued at $1,122,000 after buying an additional 10,700 shares in the last quarter. Hedge funds and other institutional investors own 99.73% of the company’s stock.

Milacron (MCRN) opened at $17.94 on Tuesday. Milacron has a fifty-two week low of $15.09 and a fifty-two week high of $19.57. The company has a market cap of $1,244.64, a P/E ratio of 10.61, a PEG ratio of 1.31 and a beta of 0.94. The company has a current ratio of 2.39, a quick ratio of 1.31 and a debt-to-equity ratio of -5.41.

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About Milacron

Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies.

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