Equities analysts forecast that Milacron Holdings Corp (NYSE:MCRN) will post earnings of $0.40 per share for the current quarter, according to Zacks Investment Research. Four analysts have issued estimates for Milacron’s earnings. The highest EPS estimate is $0.42 and the lowest is $0.38. Milacron reported earnings of $0.47 per share during the same quarter last year, which would suggest a negative year over year growth rate of 14.9%. The firm is expected to issue its next earnings report on Thursday, February 22nd.

On average, analysts expect that Milacron will report full-year earnings of $1.62 per share for the current financial year, with EPS estimates ranging from $1.61 to $1.65. For the next fiscal year, analysts forecast that the business will report earnings of $1.75 per share, with EPS estimates ranging from $1.62 to $1.82. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Milacron.

Milacron (NYSE:MCRN) last announced its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.44 EPS for the quarter, topping the consensus estimate of $0.42 by $0.02. The company had revenue of $314.70 million during the quarter, compared to the consensus estimate of $301.13 million. Milacron had a negative net margin of 0.09% and a negative return on equity of 56.93%. The company’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS.

MCRN has been the topic of a number of recent research reports. BidaskClub upgraded Milacron from a “strong sell” rating to a “sell” rating in a report on Thursday, September 28th. Zacks Investment Research upgraded Milacron from a “sell” rating to a “hold” rating in a report on Monday, October 30th. KeyCorp reiterated a “buy” rating and issued a $21.00 target price on shares of Milacron in a report on Friday, October 20th. Robert W. Baird reiterated a “buy” rating and issued a $23.00 target price on shares of Milacron in a report on Wednesday, October 4th. Finally, TheStreet upgraded Milacron from a “c” rating to a “b” rating in a report on Wednesday. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $21.67.

In related news, major shareholder Ccmp Capital, Lp sold 10,974,093 shares of the stock in a transaction on Tuesday, November 21st. The stock was sold at an average price of $16.00, for a total value of $175,585,488.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Ronald M. Krisanda sold 10,000 shares of the stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $18.11, for a total value of $181,100.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 11,218,934 shares of company stock worth $180,062,325. 3.40% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of MCRN. BNP Paribas Arbitrage SA lifted its stake in Milacron by 765.3% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,754 shares of the industrial products company’s stock valued at $101,000 after acquiring an additional 5,089 shares in the last quarter. SG Americas Securities LLC bought a new position in Milacron during the 3rd quarter valued at $101,000. Bronfman E.L. Rothschild L.P. lifted its stake in Milacron by 6.0% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,676 shares of the industrial products company’s stock valued at $117,000 after acquiring an additional 379 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Milacron by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 6,678 shares of the industrial products company’s stock valued at $117,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Milacron during the 3rd quarter valued at $132,000. Institutional investors and hedge funds own 99.73% of the company’s stock.

Shares of Milacron (NYSE MCRN) traded up $0.20 during mid-day trading on Tuesday, hitting $18.11. 688,400 shares of the stock traded hands, compared to its average volume of 513,561. The firm has a market cap of $1,263.38, a P/E ratio of 10.77, a price-to-earnings-growth ratio of 1.33 and a beta of 0.94. Milacron has a one year low of $15.09 and a one year high of $19.57. The company has a current ratio of 2.39, a quick ratio of 1.31 and a debt-to-equity ratio of -5.41.

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About Milacron

Milacron Holdings Corp. is engaged in the manufacture, distribution, and service of engineered and customized systems used in the plastic technology and processing industry. The Company operates through three segments: Advanced Plastic Processing Technologies (APPT), Melt Delivery and Control Systems (MDCS), and Fluid Technologies.

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