Milacron (MCRN) Set to Announce Quarterly Earnings on Tuesday

Milacron (NYSE:MCRN) will be issuing its quarterly earnings data before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.40 per share for the quarter.

Shares of Milacron (NYSE:MCRN) opened at $17.65 on Tuesday. Milacron has a 12 month low of $15.09 and a 12 month high of $19.57. The firm has a market cap of $1,221.03, a PE ratio of -588.14, a PEG ratio of 1.17 and a beta of 0.84. The company has a current ratio of 2.39, a quick ratio of 1.31 and a debt-to-equity ratio of -5.41.

MCRN has been the subject of several recent research reports. TheStreet upgraded shares of Milacron from a “c” rating to a “b” rating in a research note on Wednesday, December 13th. Zacks Investment Research upgraded shares of Milacron from a “hold” rating to a “buy” rating and set a $21.00 target price for the company in a research note on Friday, January 12th. KeyCorp reiterated a “buy” rating and set a $21.00 target price on shares of Milacron in a research note on Friday, October 20th. Finally, BidaskClub downgraded shares of Milacron from a “buy” rating to a “hold” rating in a research note on Tuesday, November 14th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $22.00.

In related news, CFO Bruce A. Chalmers sold 8,600 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $18.18, for a total value of $156,348.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ira G. Boots sold 33,689 shares of the firm’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $19.02, for a total transaction of $640,764.78. The disclosure for this sale can be found here. In the last 90 days, insiders sold 11,127,448 shares of company stock valued at $178,428,227. 3.40% of the stock is owned by insiders.

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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.

Earnings History for Milacron (NYSE:MCRN)

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