Somewhat Favorable Media Coverage Somewhat Unlikely to Affect MDC Partners (MDCA) Stock Price

Media coverage about MDC Partners (NASDAQ:MDCA) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real time. 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 coverage optimism score of 0.09 on Accern’s scale. Accern also gave news stories about the business services provider an impact score of 46.0591039253591 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

MDC Partners (NASDAQ:MDCA) remained flat at $$9.45 during trading hours on Friday. 292,100 shares of the stock were exchanged, compared to its average volume of 287,400. The company has a debt-to-equity ratio of -1.94, a quick ratio of 0.71 and a current ratio of 0.71. The stock has a market cap of $573.36, a PE ratio of 24.23, a price-to-earnings-growth ratio of 2.48 and a beta of 1.45. MDC Partners has a 1 year low of $6.13 and a 1 year high of $12.26.

MDC Partners (NASDAQ:MDCA) last posted its quarterly earnings data on Monday, October 30th. The business services provider reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.12. The firm had revenue of $375.80 million during the quarter, compared to analyst estimates of $372.08 million. MDC Partners had a net margin of 1.79% and a negative return on equity of 7.92%. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted ($0.62) EPS. equities research analysts expect that MDC Partners will post 0.42 earnings per share for the current year.

MDCA has been the subject of several analyst reports. BidaskClub lowered shares of MDC Partners from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. BMO Capital Markets reiterated a “buy” rating and issued a $15.00 price objective on shares of MDC Partners in a research note on Wednesday, October 18th. Wells Fargo & Co reiterated a “hold” rating and issued a $12.00 price objective on shares of MDC Partners in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of MDC Partners from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Tuesday, January 2nd. Finally, Jefferies Group reiterated a “buy” rating on shares of MDC Partners in a research note on Thursday, September 21st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $11.83.

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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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