Positive Report for MDC Partners from Albert FriedBy Carrie Williams
According to TipRanks.com, Tullo is a 1-star analyst with an average return of -0.8% and a 51.9% success rate. Tullo covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Live Nation Entertainment, and Madison Square Garden Co.
MDC Partners has an analyst consensus of Hold, with a price target consensus of $8.
Based on MDC Partners’ latest earnings report from December 31, the company posted quarterly revenue of $359M and quarterly net profit of -$26.22M. In comparison, last year the company earned revenue of $328.4M and had a net profit of -$8.6M.
Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MDCA in relation to earlier this year. Most recently, in August 2016, Scott L. Kauffman, the Chairman and CEO of MDCA bought 10,000 shares for a total of $132,700.
MDC Partners, Inc. is a partnership company, which provides global marketing, advertising, activation, communications and strategic consulting solutions. The company operates advertising, public relations, branding, digital, social and event marketing agencies. Its solutions include technology, data analytics, insights, and strategic consulting solutions. The company operates its business through one segment: Advertising and Communications. MDC Partners was founded on December 19, 1986 and is headquartered in New York, NY.