Multi-Color (NASDAQ:LABL) will be posting its quarterly earnings results before the market opens on Tuesday, May 29th. Analysts expect Multi-Color to post earnings of $1.06 per share for the quarter.
Shares of Multi-Color opened at $62.35 on Friday, according to Marketbeat Ratings. Multi-Color has a 1 year low of $61.45 and a 1 year high of $89.70. The stock has a market cap of $1.27 billion, a PE ratio of 17.27 and a beta of 0.88. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.41 and a current ratio of 1.94.
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Tuesday, May 15th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date of this dividend is Monday, May 14th. Multi-Color’s payout ratio is 5.54%.
In other news, Director Ari J. Benacerraf purchased 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was acquired at an average cost of $65.20 per share, for a total transaction of $260,800.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 19.40% of the stock is currently owned by insiders.
Multi-Color Company Profile
Multi-Color Corporation provides various label solutions. The company offers pressure sensitive labels; in-mold labels; heat transfer labels; shrink sleeve labels; cut and stack glue-applied labels comprising peel-away promotional labels, thermochromics, holographics, and metalized films; and promotional products, such as scratch-off coupons, static-clings, and tags.
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