Metaldyne Performance Group Receives a Hold from BarclaysBy Jason Carr
According to TipRanks.com, Johnson is a 3-star analyst with an average return of 0.7% and a 59.3% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Tenneco Automotive, Delphi Automotive, and Johnson Controls.
Metaldyne Performance Group has an analyst consensus of Hold.
Metaldyne Performance Group’s market cap is currently $1.32B and has a P/E ratio of 13.72. The company has a book value ratio of 1.9325.
Based on the recent corporate insider activity of 31 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 MPG in relation to earlier this year.
Metaldyne Performance Group, Inc. is a diversified manufacturing company in metal forming technologies with global value-added capabilities focused on transmission, engine, driveline, and safety critical applications in passenger, commercial, and industrial vehicles. The company’s powertrain product portfolio is focused on engine, transmission, and driveline components, and its safety-critical products include steering, suspension, and brake parts and other specialty products. The company operates through three business segments: HHI, Metaldyne and Grede. The HHI segment manufactures highly-engineered metal-based products for the North American light vehicle market. The Metaldyne segment manufactures highly-engineered metal-based products for the global light vehicle markets. The Grede segment manufactures cast, machined and assembled components for the light, commercial and industrial vehicle end-markets. Metaldyne Performance Group was founded on August 8, 2014 and is headquartered in Plymouth, MI.