Somewhat Positive Press Coverage Somewhat Unlikely to Affect Moneygram International (MGI) Stock Price

Press coverage about Moneygram International (NASDAQ:MGI) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Moneygram International earned a coverage optimism score of 0.06 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 46.6773861510001 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Several research firms have commented on MGI. TheStreet lowered shares of Moneygram International from a “c” rating to a “d+” rating in a report on Friday, March 16th. Zacks Investment Research lowered shares of Moneygram International from a “buy” rating to a “hold” rating in a report on Tuesday, January 2nd. Finally, ValuEngine lowered shares of Moneygram International from a “buy” rating to a “hold” rating in a report on Monday, April 2nd. Three equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The company has an average rating of “Hold” and an average price target of $17.70.

Shares of Moneygram International stock traded up $0.09 during trading hours on Thursday, reaching $8.26. The stock had a trading volume of 334,798 shares, compared to its average volume of 1,074,549. The company has a market cap of $454.22, a P/E ratio of 9.38 and a beta of 1.87. Moneygram International has a twelve month low of $8.01 and a twelve month high of $17.92. The company has a debt-to-equity ratio of -2.12, a quick ratio of 0.05 and a current ratio of 0.05.

Moneygram International (NASDAQ:MGI) last issued its quarterly earnings data on Friday, March 16th. The financial services provider reported $0.26 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.26. The business had revenue of $408.20 million during the quarter, compared to the consensus estimate of $404.69 million. Moneygram International had a negative net margin of 1.86% and a negative return on equity of 14.43%. The company’s revenue was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 earnings per share. equities research analysts forecast that Moneygram International will post 0.87 EPS for the current year.

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Moneygram International Company Profile

MoneyGram International, Inc (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company’s Global Funds Transfer Segment provides money transfer services and bill payment services primarily to unbanked and underbanked consumers.

Insider Buying and Selling by Quarter for Moneygram International (NASDAQ:MGI)

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