MDC Partners (MDCA) Set to Announce Quarterly Earnings on Thursday

MDC Partners (NASDAQ:MDCA) is scheduled to be announcing its earnings results after the market closes on Thursday, February 22nd. Analysts expect the company to announce earnings of $0.22 per share for the quarter.

MDC Partners (MDCA) opened at $9.40 on Wednesday. The company has a debt-to-equity ratio of -1.94, a current ratio of 0.71 and a quick ratio of 0.71. The firm has a market capitalization of $566.09, a price-to-earnings ratio of 29.38, a PEG ratio of 2.65 and a beta of 1.25. MDC Partners has a 12 month low of $6.80 and a 12 month high of $12.26.

A number of research analysts have recently weighed in on MDCA shares. BidaskClub downgraded MDC Partners from a “buy” rating to a “hold” rating in a research note on Thursday, December 7th. Zacks Investment Research downgraded MDC Partners from a “buy” rating to a “hold” rating in a research note on Wednesday, December 13th. Finally, Wells Fargo & Co reaffirmed a “hold” rating and set a $12.00 price objective on shares of MDC Partners in a research note on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $12.40.

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MDC Partners Company Profile

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.

Earnings History for MDC Partners (NASDAQ:MDCA)

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