Somewhat Positive Press Coverage Somewhat Unlikely to Affect MDC Partners (MDCA) Stock Price

News stories about MDC Partners (NASDAQ:MDCA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MDC Partners earned a news impact score of 0.15 on Accern’s scale. Accern also assigned press coverage about the business services provider an impact score of 46.8288829026707 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

A number of equities analysts recently issued reports on the company. Royal Bank Of Canada restated a “sector perform” rating and set a $12.00 price objective (up previously from $10.00) on shares of MDC Partners in a report on Tuesday, August 8th. Jefferies Group restated a “buy” rating on shares of MDC Partners in a report on Thursday, September 21st. BMO Capital Markets restated a “buy” rating and set a $15.00 price objective on shares of MDC Partners in a report on Wednesday, September 13th. Finally, Wells Fargo & Company restated a “hold” rating and set a $12.00 price objective on shares of MDC Partners in a report on Tuesday, October 31st. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. MDC Partners has an average rating of “Hold” and an average price target of $12.00.

MDC Partners (MDCA) traded up $0.05 on Friday, reaching $11.65. The company had a trading volume of 201,509 shares, compared to its average volume of 422,398. MDC Partners has a one year low of $5.97 and a one year high of $12.26. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of -1.94. The stock has a market cap of $679.89, a PE ratio of 21.18, a P/E/G ratio of 4.62 and a beta of 1.45.

MDC Partners (NASDAQ:MDCA) last issued its earnings results on Monday, October 30th. The business services provider reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.12. MDC Partners had a negative return on equity of 7.92% and a net margin of 1.79%. The business had revenue of $375.80 million during the quarter, compared to analysts’ expectations of $372.08 million. During the same period in the prior year, the business earned ($0.62) EPS. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. sell-side analysts anticipate that MDC Partners will post 0.42 EPS for the current fiscal year.

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About MDC Partners

MDC Partners Inc is a provider of global marketing, advertising, activation, communications and strategic consulting solutions. The Company and its subsidiary agencies (Partner Firms) deliver a range of customized services. The Company’s segments include Reportable Segment, All Other and Corporate. The Reportable segment consists of the Company’s integrated advertising, media and public relations service companies.

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