News stories about Morneau Shepell (TSE:MSI) have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Morneau Shepell earned a daily sentiment score of 1.71 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 5 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock’s share price in the next several days.
Here are some of the media headlines that may have impacted Morneau Shepell’s score:
- Morneau Shepell Inc (MSI) to Post Q4 2018 Earnings of $0.07 Per Share, National Bank Financial Forecasts (americanbankingnews.com)
- TD Securities Boosts Morneau Shepell (MSI) Price Target to C$30.00 (americanbankingnews.com)
- Morneau Shepell (MSI) PT Raised to C$32.00 (americanbankingnews.com)
- Edited Transcript of MSI.TO earnings conference call or presentation 7-Nov-18 3:00pm GMT (finance.yahoo.com)
- Positive News Coverage Extremely Likely to Affect Morneau Shepell (MSI) Stock Price (americanbankingnews.com)
TSE MSI traded down C$0.14 on Friday, reaching C$28.72. The company’s stock had a trading volume of 226,500 shares, compared to its average volume of 115,261. Morneau Shepell has a 52 week low of C$21.14 and a 52 week high of C$29.17. The company has a debt-to-equity ratio of 79.66, a current ratio of 2.05 and a quick ratio of 1.64.
Morneau Shepell (TSE:MSI) last posted its earnings results on Thursday, August 9th. The company reported C$0.24 earnings per share for the quarter, missing the Zacks’ consensus estimate of C$0.27 by C($0.03). The company had revenue of C$171.19 million for the quarter, compared to analyst estimates of C$173.50 million. On average, equities research analysts forecast that Morneau Shepell will post 0.75 EPS for the current year.
The firm also recently announced a monthly dividend, which will be paid on Thursday, November 15th. Investors of record on Wednesday, October 31st will be paid a $0.065 dividend. The ex-dividend date is Tuesday, October 30th. This represents a $0.78 dividend on an annualized basis and a yield of 2.72%. Morneau Shepell’s payout ratio is currently 103.86%.
Several research analysts have recently issued reports on MSI shares. CIBC boosted their price objective on shares of Morneau Shepell from C$27.25 to C$29.00 in a report on Monday, July 30th. National Bank Financial reissued an “outperform” rating and issued a C$31.00 target price on shares of Morneau Shepell in a research note on Monday, July 30th. Finally, TD Securities upped their target price on shares of Morneau Shepell from C$27.00 to C$29.00 and gave the company a “hold” rating in a research note on Monday, July 30th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Morneau Shepell presently has a consensus rating of “Buy” and an average price target of C$27.67.
About Morneau Shepell
Morneau Shepell Inc operates as a human resources consulting and technology company in Canada, the United States, and internationally. The company provides health and productivity, administrative, and retirement solutions to assist employers in managing the financial security, health, and productivity of their employees.
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