Milacron Holdings Corp (MCRN) Rating Lowered to Hold at Zacks Investment Research

According to Zacks, “Milacron’s top-line and bottom-line both dipped on a year-over-year basis. Earnings beat the Zacks Consensus Estimate while revenues missed the same. Management expects revenue growth will come from underlying market growth in key segments, geographic expansion of …

According to Zacks, “Milacron’s top-line and bottom-line both dipped on a year-over-year basis. Earnings beat the Zacks Consensus Estimate while revenues missed the same. Management expects revenue growth will come from underlying market growth in key segments, geographic expansion of certain product lines, consistent penetration of hot runners, and incremental share gain from new products. Milacron’s cost-reduction initiatives will help boost margins. Consequently, the stock has outperformed the Zacks categorized sub industry in the past one year. However, a strengthening U.S dollar and pricing pressure in the APPT segment remain concerns.”

Milacron Holdings Corp (NYSE:MCRN) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Monday.

Several other equities research analysts have also recently weighed in on the company. Robert W. Baird set a $22.00 price objective on Milacron Holdings Corp and gave the company a “buy” rating in a research report on Monday, February 6th. Barclays PLC reissued a “buy” rating and issued a $21.00 price objective on shares of Milacron Holdings Corp in a research report on Wednesday, January 18th.

Milacron Holdings Corp (NYSE:MCRN) opened at 18.39 on Monday. The firm has a market cap of $1.26 billion, a P/E ratio of 42.77 and a beta of 0.81. Milacron Holdings Corp has a one year low of $12.43 and a one year high of $19.32. The stock’s 50 day moving average is $18.12 and its 200 day moving average is $17.22.

Milacron Holdings Corp (NYSE:MCRN) last announced its earnings results on Thursday, February 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.14. The firm earned $289.10 million during the quarter, compared to analysts’ expectations of $292.79 million. Milacron Holdings Corp had a negative return on equity of 55.61% and a net margin of 3.79%. The company’s revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.48 earnings per share. On average, equities research analysts expect that Milacron Holdings Corp will post $1.61 earnings per share for the current year.

In other news, major shareholder Ccmp Capital, Lp sold 2,975,442 shares of the stock in a transaction that occurred on Wednesday, March 8th. The stock was sold at an average price of $15.60, for a total value of $46,416,895.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Waters S. Iv Davis sold 2,905 shares of the stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $15.60, for a total value of $45,318.00. The disclosure for this sale can be found here. Insiders sold 3,012,035 shares of company stock valued at $47,078,798 over the last three months. 5.40% of the stock is owned by company insiders.

Several large investors have recently bought and sold shares of the stock. Russell Investments Group Ltd. purchased a new position in shares of Milacron Holdings Corp during the fourth quarter worth approximately $15,285,000. TimesSquare Capital Management LLC raised its position in shares of Milacron Holdings Corp by 20.7% in the third quarter. TimesSquare Capital Management LLC now owns 2,719,795 shares of the company’s stock worth $43,408,000 after buying an additional 467,365 shares during the last quarter. Levin Capital Strategies L.P. raised its position in shares of Milacron Holdings Corp by 6.8% in the fourth quarter. Levin Capital Strategies L.P. now owns 3,512,076 shares of the company’s stock worth $65,430,000 after buying an additional 223,972 shares during the last quarter. Wexford Capital LP purchased a new position in shares of Milacron Holdings Corp during the fourth quarter worth approximately $506,000. Finally, Two Sigma Investments LP purchased a new position in shares of Milacron Holdings Corp during the fourth quarter worth approximately $308,000.

About Milacron Holdings Corp

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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Cineworld Group (LON:CINE) Given New GBX 700 Price Target at Berenberg Bank

Cineworld Group (LON:CINE) had its target price reduced by Berenberg Bank from GBX 800 ($10.70) to GBX 700 ($9.36) in a research report report published on Friday, December 15th. They currently have a buy rating on the stock. Other research analysts have also issued research reports about the …

Cineworld Group plc logoCineworld Group (LON:CINE) had its target price reduced by Berenberg Bank from GBX 800 ($10.70) to GBX 700 ($9.36) in a research report report published on Friday, December 15th. They currently have a buy rating on the stock.

Other research analysts have also issued research reports about the stock. Peel Hunt restated an add rating and set a GBX 775 ($10.36) target price on shares of Cineworld Group in a research report on Wednesday, October 25th. Panmure Gordon started coverage on shares of Cineworld Group in a research report on Thursday, September 28th. They set a buy rating and a GBX 750 ($10.03) price target on the stock. N+1 Singer reaffirmed a buy rating and set a GBX 770 ($10.30) price target on shares of Cineworld Group in a research note on Monday, November 20th. Numis Securities reaffirmed a hold rating and set a GBX 750 ($10.03) price target on shares of Cineworld Group in a research note on Thursday, November 23rd. Finally, Deutsche Bank reissued a buy rating and set a GBX 825 ($11.03) target price on shares of Cineworld Group in a research note on Thursday, October 5th. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company currently has an average rating of Buy and an average target price of GBX 755.42 ($10.10).

Shares of Cineworld Group (LON CINE) traded up GBX 1.50 ($0.02) during midday trading on Friday, reaching GBX 601 ($8.04). 251,330 shares of the company were exchanged, compared to its average volume of 1,440,000. Cineworld Group has a 12-month low of GBX 508.50 ($6.80) and a 12-month high of GBX 744.90 ($9.96). The firm has a market cap of $1,640.00 and a price-to-earnings ratio of 1,669.44.

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About Cineworld Group

Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has approximately 220 cinemas with over 2,010 screens.

Analyst Recommendations for Cineworld Group (LON:CINE)

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Zacks: Analysts Anticipate DavidsTea Inc (DTEA) Will Announce Quarterly Sales of $64.38 Million

Two Sigma Investments LP bought a new position in shares of DavidsTea during the fourth quarter valued at approximately $191,000. Osmium Partners LLC bought a new position in shares of DavidsTea during the fourth quarter valued at approximately $6,354,000. Finally, William Harris Investors Inc.

According to Zacks, analysts expect that DavidsTea will report full year sales of $64.38 million for the current fiscal year, with estimates ranging from $161.77 million to $162.46 million. For the next fiscal year, analysts anticipate that the firm will post sales of $185.21 million per share, with estimates ranging from $182.66 million to $187.76 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for DavidsTea.

Wall Street brokerages expect DavidsTea Inc (NASDAQ:DTEA) to announce sales of $64.38 million for the current fiscal quarter, according to Zacks. Two analysts have made estimates for DavidsTea’s earnings. The highest sales estimate is $64.68 million and the lowest is $64.08 million. DavidsTea posted sales of $55.23 million in the same quarter last year, which suggests a positive year over year growth rate of 16.6%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, April 12th.

A number of equities research analysts recently weighed in on DTEA shares. Zacks Investment Research lowered DavidsTea from a “hold” rating to a “sell” rating in a research report on Thursday, February 9th. Bank of America Corp lowered DavidsTea from a “neutral” rating to an “underperform” rating in a research report on Tuesday, December 13th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $13.00.

DavidsTea (NASDAQ:DTEA) traded down 3.90% on Friday, hitting $7.40. The company had a trading volume of 17,509 shares. The stock’s 50-day moving average price is $7.15 and its 200 day moving average price is $8.61. DavidsTea has a one year low of $6.30 and a one year high of $14.30.

A number of hedge funds and other institutional investors have recently made changes to their positions in DTEA. Two Sigma Investments LP bought a new position in shares of DavidsTea during the fourth quarter valued at approximately $191,000. Osmium Partners LLC bought a new position in shares of DavidsTea during the fourth quarter valued at approximately $6,354,000. Finally, William Harris Investors Inc. increased its position in shares of DavidsTea by 106.1% in the fourth quarter. William Harris Investors Inc. now owns 726,074 shares of the company’s stock valued at $4,974,000 after buying an additional 373,827 shares during the last quarter. 20.94% of the stock is currently owned by hedge funds and other institutional investors.

DavidsTea Company Profile

DAVIDsTEA Inc is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company’s segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com.

Fogo De Chao Inc (FOGO) Expected to Post Earnings of $0.18 Per Share

KDI Capital Partners LLC now owns 20,537 shares of the company’s stock valued at $217,000 after buying an additional 2,902 shares in the last quarter. Two Sigma Investments LP purchased a new position in Fogo De Chao during the fourth quarter valued at approximately $183,000. Westpac Banking …

According to Zacks, analysts expect that Fogo De Chao will report full year earnings of $0.91 per share for the current financial year, with EPS estimates ranging from $0.86 to $0.93. For the next financial year, analysts forecast that the business will report earnings of $0.99 per share, with EPS estimates ranging from $0.90 to $1.04. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that follow Fogo De Chao.

Equities research analysts expect Fogo De Chao Inc (NASDAQ:FOGO) to announce $0.18 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Fogo De Chao’s earnings, with estimates ranging from $0.17 to $0.20. Fogo De Chao posted earnings per share of $0.21 in the same quarter last year, which suggests a negative year-over-year growth rate of 14.3%. The company is expected to report its next quarterly earnings results on Tuesday, May 9th.

Fogo De Chao (NASDAQ:FOGO) last announced its quarterly earnings results on Tuesday, March 14th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.01. The firm had revenue of $80.90 million for the quarter, compared to the consensus estimate of $77.06 million. Fogo De Chao had a net margin of 10.39% and a return on equity of 9.35%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.29 EPS.

Several brokerages have recently weighed in on FOGO. Canaccord Genuity reaffirmed a “hold” rating and set a $14.00 target price on shares of Fogo De Chao in a research note on Wednesday, March 15th. Wells Fargo & Co upped their target price on Fogo De Chao from $13.25 to $15.50 and gave the stock an “in-line” rating in a research note on Wednesday, March 15th. Jefferies Group LLC reaffirmed a “buy” rating and set a $17.00 target price on shares of Fogo De Chao in a research note on Wednesday, March 15th. Finally, Deutsche Bank AG upped their target price on Fogo De Chao from $14.50 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday, March 15th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $15.42.

Shares of Fogo De Chao (NASDAQ:FOGO) traded down 1.27% during mid-day trading on Thursday, hitting $15.55. 11,306 shares of the stock were exchanged. The stock has a market cap of $438.70 million, a PE ratio of 18.29 and a beta of 0.44. The stock’s 50 day moving average is $14.81 and its 200-day moving average is $13.61. Fogo De Chao has a 12 month low of $10.50 and a 12 month high of $17.89.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Redmond Asset Management LLC increased its position in shares of Fogo De Chao by 0.5% in the fourth quarter. Redmond Asset Management LLC now owns 20,249 shares of the company’s stock valued at $291,000 after buying an additional 100 shares during the last quarter. KDI Capital Partners LLC increased its position in Fogo De Chao by 16.5% in the third quarter. KDI Capital Partners LLC now owns 20,537 shares of the company’s stock valued at $217,000 after buying an additional 2,902 shares in the last quarter. Two Sigma Investments LP purchased a new position in Fogo De Chao during the fourth quarter valued at approximately $183,000. Westpac Banking Corp purchased a new position in Fogo De Chao during the third quarter valued at approximately $710,000. Finally, River & Mercantile Asset Management LLP purchased a new position in Fogo De Chao during the fourth quarter valued at approximately $2,684,000. 91.20% of the stock is owned by institutional investors and hedge funds.

About Fogo De Chao

Fogo de Chao, Inc is a United States-based holding company. The Company, through its subsidiaries, operates upscale Brazilian churrascaria steakhouses under the brand of Fogo de Chao. The Company owns 100% of Brasa (Purchaser) Inc (Brasa Purchaser), which owns 100% of Brasa (Holdings) Inc (Brasa Holdings).

$0.00 in Sales Expected for Vedanta Ltd (VEDL) This Quarter

Finally, Two Sigma Investments LP boosted its position in shares of Vedanta by 223.6% in the fourth quarter. Two Sigma Investments LP now owns 191,536 shares of the company’s stock valued at $2,379,000 after buying an additional 132,338 shares during the period. 3.40% of the stock is owned by …

According to Zacks, analysts expect that Vedanta will report full-year sales of $0.00 for the current fiscal year. For the next fiscal year, analysts expect that the company will report sales of $0.00 per share. Zacks’ sales calculations are an average based on a survey of analysts that follow Vedanta.

Analysts predict that Vedanta Ltd (NYSE:VEDL) will post $0.00 in sales for the current quarter, Zacks reports. Zero analysts have issued estimates for Vedanta’s earnings. The business is scheduled to issue its next earnings report on Thursday, April 27th.

Separately, Morgan Stanley assumed coverage on Vedanta in a research report on Thursday, March 9th. They set an “overweight” rating for the company.

Institutional investors have recently modified their holdings of the stock. Creative Planning bought a new position in shares of Vedanta during the first quarter valued at about $343,000. Macquarie Group Ltd. bought a new position in shares of Vedanta during the fourth quarter valued at about $160,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in shares of Vedanta during the fourth quarter valued at about $474,000. Guggenheim Capital LLC boosted its position in shares of Vedanta by 4.7% in the fourth quarter. Guggenheim Capital LLC now owns 47,918 shares of the company’s stock valued at $595,000 after buying an additional 2,157 shares during the period. Finally, Two Sigma Investments LP boosted its position in shares of Vedanta by 223.6% in the fourth quarter. Two Sigma Investments LP now owns 191,536 shares of the company’s stock valued at $2,379,000 after buying an additional 132,338 shares during the period. 3.40% of the stock is owned by institutional investors and hedge funds.

Vedanta (NYSE:VEDL) traded down 0.88% during mid-day trading on Friday, hitting $15.80. The company had a trading volume of 100,722 shares. The firm’s market capitalization is $11.71 billion. The company has a 50-day moving average price of $16.02 and a 200 day moving average price of $13.82. Vedanta has a 12 month low of $5.43 and a 12 month high of $17.34.

The business also recently disclosed a dividend, which will be paid on Wednesday, April 12th. Stockholders of record on Wednesday, April 12th will be issued a $1.071 dividend. The ex-dividend date of this dividend is Monday, April 10th. This is a boost from Vedanta’s previous dividend of $0.20. Vedanta’s payout ratio is -4.84%.

Vedanta Company Profile

Vedanta Limited is a natural resource company engaged in the business of manufacturing copper and copper products, and aluminum and aluminum products. The Company’s segments include Copper, which consists of manufacturing of copper cathode, continuous cast copper rod and anode slime, including from purchased concentrate and manufacturing of precious metal from anode slime, sulfuric acid, phosphoric acid; Iron ore; Aluminium, which consists of manufacturing of alumina and various aluminum products; Power, which consists of power, including power facilities engaged in generation and sale of commercial power, and Other, which consists pig iron and metallurgical coke.