Meredith Corporation (NYSE:MDP) went up by 6.50% from its latest closing price when compared to the 1-year high value of $56.86 and move down -281.61%, while MDP stocks collected -4.55% of loss with the last five trading sessions. Press Release reported 9 hours ago that FOOD & WINE Classic At Home Virtual Event To Take Place On July 23

Meredith Corporation (NYSE:MDP) Worth an Investment?

Meredith Corporation (NYSE: MDP) The 36 Months beta value for MDP stocks is at 1.71, while of the analysts out of 0 who provided ratings for Meredith Corporation stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $14.88 which is $3.6 above current price. MDP currently has a short float of 24.83% and public float of 39.52M with average trading volume of 1.58M shares.

MDP Market Performance

MDP stocks went down by -4.55% for the week, with the monthly drop of -0.27% and a quarterly performance of 23.24%, while its annual performance rate touched -72.94%. The simple moving average for the period of the last 20 days is -10.35% for MDP stocks with the simple moving average of -43.65% for the last 200 days.

Analysts’ Opinion on Meredith Corporation (NYSE:MDP)

Many brokerage firms have already submitted their reports for MDP stocks, with Guggenheim repeating the rating for MDP shares by setting it to “Neutral”. The predicted price for MDP socks in the upcoming period according to Guggenheim is $95 based on the research report published on May 28, 2019.

Citigroup, on the other hand, stated in their research note that they expect to see MDP stock at the price of $95. The rating they have provided for MDP stocks is “Buy” according to the report published on May 30, 2018.

The Benchmark Company gave “Buy” rating to MDP stocks, setting the target price at $70 in the report published on May 15, 2018.

MDP Stocks 0.51% Far from 50 Day Moving Average

After a stumble in the market that brought MDP to its low price for the period of the last 52 weeks, Meredith Corporation was unable to take a rebound, for now settling with -73.80% of loss for the given period.

The stock volatility was left at 7.89%, however, within the period of a single month, the volatility rate increased by 7.45%, while the shares sank at the distance of -2.42% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +5.82% upper at the present time.

In the course of the last 5 trading sessions, MDP went down by -4.55%, which changed the moving average for the period of 200 days to the total of -60.71% of losses for the stock in comparison to the 20-day moving average settled at $16.60. In addition, Meredith Corporation saw -54.11% in overturn over the period of a single year with a tendency to cut further losses.

MDP Stock Insider Trading

Reports are indicating that there were more than several insider trading activities at Meredith Corporation (MDP), starting from BERG DONALD C, who bought 2,500 shares at the price of $20.35 back on Mar 16. After this action, Rushing now owns 39,327 shares of Meredith Corporation, valued at $50,870 with the latest closing price.

BERG DONALD C, the Director of Meredith Corporation, bought 1,681 shares at the value of $20.50 during a trade that took place back on Mar 12, which means that BERG DONALD C is holding 36,827 shares at the value of $34,461 based on the most recent closing price.

MDP Stock Fundamentals

The current profitability levels are settled at +12.59 for the present operating margin and +55.75 for gross margin. The net margin for Meredith Corporation stands at +4.06. Total capital return value is set at 9.31, while invested capital returns managed to touch 3.01. Equity return holds the value -38.80%, with -5.40% for asset returns.

Based on Meredith Corporation (MDP), the company’s capital structure generated 154.03 points for debt to equity in total, while total debt to capital is set at the value of 60.64. Total debt to assets is settled at the value of 38.02 with long-term debt to equity ratio rests at 2.46 and long-term debt to capital is 239.41.

The value for Enterprise to Sales is 0.93 with debt to enterprise value settled at 0.44. The receivables turnover for Meredith Corporation is 5.53 with the total asset turnover at the value of 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.87.