Multi-Color (LABL) Given Media Impact Score of 0.25
News stories about Multi-Color (NASDAQ:LABL) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Multi-Color earned a coverage optimism score of 0.25 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.5548347499214 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Multi-Color (NASDAQ LABL) opened at $77.90 on Monday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.96 and a quick ratio of 1.48. Multi-Color has a one year low of $63.05 and a one year high of $88.25. The company has a market cap of $1,592.35, a PE ratio of 22.98 and a beta of 0.73.
Multi-Color (NASDAQ:LABL) last released its quarterly earnings results on Tuesday, November 7th. The business services provider reported $1.06 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.11 by ($0.05). Multi-Color had a net margin of 6.10% and a return on equity of 15.52%. The business had revenue of $256.03 million during the quarter, compared to analyst estimates of $246.61 million. During the same quarter last year, the company posted $0.99 earnings per share. The company’s revenue was up 10.3% on a year-over-year basis. research analysts anticipate that Multi-Color will post 3.84 EPS for the current fiscal year.
In other Multi-Color news, Director Robert R. Buck sold 9,530 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $72.06, for a total transaction of $686,731.80. Following the sale, the director now directly owns 17,441 shares in the company, valued at $1,256,798.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Michael Julian Henry acquired 1,000 shares of Multi-Color stock in a transaction on Monday, November 13th. The shares were purchased at an average price of $71.03 per share, for a total transaction of $71,030.00. The disclosure for this purchase can be found here. Corporate insiders own 19.40% of the company’s stock.
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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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