Multi-Color (LABL) – Research Analysts’ Weekly Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Multi-Color (NASDAQ: LABL) in the last few weeks:

  • 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.

Multi-Color Co. (NASDAQ:LABL) opened at $78.00 on Monday. The company has a market cap of $1,594.37, a price-to-earnings ratio of 23.01 and a beta of 0.73. The company has a quick ratio of 1.48, a current ratio of 1.96 and a debt-to-equity ratio of 1.13. Multi-Color Co. has a 1-year low of $63.05 and a 1-year high of $89.70.

Multi-Color (NASDAQ:LABL) last released its quarterly earnings data on Tuesday, November 7th. The business services provider reported $1.06 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.05). The business had revenue of $256.03 million during the quarter, compared to analyst estimates of $246.61 million. Multi-Color had a return on equity of 15.52% and a net margin of 6.10%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.99 EPS. equities analysts forecast that Multi-Color Co. will post 3.84 EPS for the current year.

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