Shares of Multi Packaging Solutions Intrntnl Ltd (NYSE:MPSX) have earned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $17.00.
MPSX has been the subject of a number of recent analyst reports. Zacks Investment Research raised Multi Packaging Solutions Intrntnl from a “sell” rating to a “hold” rating in a report on Wednesday, January 11th. Credit Suisse Group AG raised Multi Packaging Solutions Intrntnl from an “underperform” rating to a “neutral” rating and set a $18.00 price objective for the company in a report on Tuesday, January 31st.
Multi Packaging Solutions Intrntnl (NYSE:MPSX) remained flat at $17.93 during trading on Monday. The company’s stock had a trading volume of 159,031 shares. The stock has a 50-day moving average price of $17.89 and a 200-day moving average price of $15.58. Multi Packaging Solutions Intrntnl has a 1-year low of $11.00 and a 1-year high of $17.98. The stock has a market cap of $1.39 billion, a PE ratio of 151.95 and a beta of 1.83.
Multi Packaging Solutions Intrntnl (NYSE:MPSX) last issued its quarterly earnings data on Monday, February 13th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by $0.04. Multi Packaging Solutions Intrntnl had a return on equity of 7.64% and a net margin of 0.58%. The business earned $386.13 million during the quarter, compared to the consensus estimate of $396.65 million. During the same period last year, the company earned $0.26 earnings per share. The business’s quarterly revenue was down 10.1% compared to the same quarter last year. On average, equities analysts anticipate that Multi Packaging Solutions Intrntnl will post $0.66 EPS for the current year.
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A number of institutional investors have recently modified their holdings of MPSX. Bbva Compass Bancshares Inc. acquired a new position in shares of Multi Packaging Solutions Intrntnl during the third quarter worth about $208,000. Sei Investments Co. raised its position in shares of Multi Packaging Solutions Intrntnl by 4.6% in the third quarter. Sei Investments Co. now owns 18,398 shares of the company’s stock worth $265,000 after buying an additional 810 shares during the period. Guggenheim Capital LLC raised its position in shares of Multi Packaging Solutions Intrntnl by 6.1% in the fourth quarter. Guggenheim Capital LLC now owns 31,594 shares of the company’s stock worth $451,000 after buying an additional 1,813 shares during the period. Chicago Capital Management LLC acquired a new position in shares of Multi Packaging Solutions Intrntnl during the first quarter worth about $623,000. Finally, Wells Fargo & Company MN raised its position in shares of Multi Packaging Solutions Intrntnl by 16.9% in the third quarter. Wells Fargo & Company MN now owns 158,094 shares of the company’s stock worth $2,278,000 after buying an additional 22,800 shares during the period. 99.18% of the stock is owned by institutional investors and hedge funds.
About Multi Packaging Solutions Intrntnl
Multi Packaging Solutions International Limited is a provider of specialty packaging solutions for the consumer, healthcare and multi-media markets. The Company operates through three segments: North America, Europe and Asia. The Company’s print-based specialty packaging solutions include premium folding cartons, inserts, labels and rigid packaging across a range of substrates and finishes, which are complemented by value-added services, including design, new product development and supply chain solutions.
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