MDC Partners Inc. [NASDAQ: MDCA] stock went on an upward path that rose over 8.85% on Wednesday, amounting to a one-week price increase of more than 10.31%. The company report on May 5, 2021 that The Stagwell Marketing Group Reports Strong Adjusted EBITDA Growth for the Three Months Ended March 31, 2021, in the Face of Another COVID-Impacted Quarter.
GAAP Revenue decline of 1.8%, with Net Revenue growth of 4.8% Over First Quarter 2020, First Quarter 2021 Adjusted EBITDA up 10.2% over First Quarter 2020.
Adjusting for Acquisitions and the Election Cycle, GAAP Revenue growth of 9.1%, Net Revenue growth of 5.4% and Adjusted EBITDA growth of 40.7%.
Over the last 12 months, MDCA stock rose by 310.00%. The one-year MDC Partners Inc. stock forecast points to a potential downside of -96.8. The average equity rating for MDCA stock is currently 3.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $364.72 million, with 73.31 million shares outstanding and 69.33 million shares in the current float. Compared to the average trading volume of 176.77K shares, MDCA stock reached a trading volume of 1002599 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on MDC Partners Inc. [MDCA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MDCA shares is $2.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MDCA stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for MDC Partners Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 12, 2018. While these analysts kept the previous recommendation, Wedbush raised their target price from $8 to $9. The new note on the price target was released on February 17, 2017, representing the official price target for MDC Partners Inc. stock. Previously, the target price had yet another raise from $4 to $12, while Jefferies kept a Buy rating on MDCA stock.
The Average True Range (ATR) for MDC Partners Inc. is set at 0.31, with the Price to Sales ratio for MDCA stock in the period of the last 12 months amounting to 0.30. Price to Free Cash Flow for MDCA in the course of the last twelve months was 43.94 with Quick ratio for the last quarter at 0.70.
MDCA Stock Performance Analysis:
MDC Partners Inc. [MDCA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.31. With this latest performance, MDCA shares gained by 37.43% in over the last four-week period, additionally plugging by 110.26% over the last 6 months – not to mention a rise of 310.00% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MDCA stock in for the last two-week period is set at 76.16, with the RSI for the last a single of trading hit 82.21, and the three-weeks RSI is set at 72.14 for MDC Partners Inc. [MDCA]. The present Moving Average for the last 50 days of trading for this stock 3.62, while it was recorded at 4.55 for the last single week of trading, and 2.64 for the last 200 days.
Insight into MDC Partners Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and MDC Partners Inc. [MDCA] shares currently have an operating margin of +9.21 and a Gross Margin at +33.78. MDC Partners Inc.’s Net Margin is presently recorded at -18.79.
Return on Total Capital for MDCA is now 12.72, given the latest momentum, and Return on Invested Capital for the company is -29.98. Additionally, MDCA Total Debt to Total Capital is recorded at 165.99, with Total Debt to Total Assets ending up at 74.88.
Reflecting on the efficiency of the workforce at the company, MDC Partners Inc. [MDCA] managed to generate an average of -$47,055 per employee. Receivables Turnover for the company is 2.81 with a Total Asset Turnover recorded at a value of 0.73.MDC Partners Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.70.
MDCA Stock EPS
With the latest financial reports released by the company, MDC Partners Inc. posted 0.02/share EPS, while the average EPS was predicted by analysts to be reported at 0.07/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -71.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MDCA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MDC Partners Inc. go to 9.00%.
MDC Partners Inc. [MDCA] Insider Position Details
There are presently around $206 million, or 89.50% of MDCA stock, in the hands of institutional investors. The top three institutional holders of MDCA stocks are: INDABA CAPITAL MANAGEMENT, L.P. with ownership of 9,377,399, which is approximately 0% of the company’s market cap and around 1.60% of the total institutional ownership; HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, holding 7,944,520 shares of the stock with an approximate value of $35.91 million in MDCA stocks shares; and MADISON AVENUE PARTNERS, LP, currently with $17.5 million in MDCA stock with ownership of nearly 0% of the company’s market capitalization.
Positions in MDC Partners Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 31 institutional holders increased their position in MDC Partners Inc. [NASDAQ:MDCA] by around 2,009,198 shares. Additionally, 22 investors decreased positions by around 891,489 shares, while 15 investors held positions by with 42,769,904 shares. The mentioned changes placed institutional holdings at 45,670,591 shares, according to the latest SEC report filing. MDCA stock had 16 new institutional investments in for a total of 1,050,465 shares, while 9 institutional investors sold positions of 484,976 shares during the same period.