Morneau Shepell Inc (MSI) Director Acquires C$78,270.00 in Stock
Morneau Shepell Inc (TSE:MSI) Director Luc Bachand acquired 3,000 shares of the company’s stock in a transaction on Thursday, November 29th. The stock was acquired at an average price of C$26.09 per share, with a total value of C$78,270.00.
MSI stock opened at C$25.79 on Thursday. The company has a debt-to-equity ratio of 79.40, a quick ratio of 1.40 and a current ratio of 1.71. Morneau Shepell Inc has a 12 month low of C$21.79 and a 12 month high of C$29.17.
Morneau Shepell (TSE:MSI) last released its earnings results on Tuesday, November 6th. The company reported C($0.01) EPS for the quarter, missing the consensus estimate of C$0.07 by C($0.08). The business had revenue of C$182.81 million for the quarter, compared to analysts’ expectations of C$188.30 million. Research analysts predict that Morneau Shepell Inc will post 0.660000015034169 earnings per share for the current fiscal year.
Several brokerages have weighed in on MSI. TD Securities lifted their price objective on shares of Morneau Shepell from C$29.00 to C$30.00 in a research note on Thursday, November 8th. CIBC lifted their price objective on shares of Morneau Shepell from C$29.00 to C$32.00 in a research note on Thursday, November 8th. Finally, Laurentian reissued a “hold” rating and issued a C$28.50 target price on shares of Morneau Shepell in a report on Monday, November 26th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Morneau Shepell currently has an average rating of “Hold” and a consensus target price of C$28.25.
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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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