Meredith Corporation (NYSE:MDP) announced that Farah Zaman has been named Chief Privacy Officer, effective immediately. Zaman will be responsible for leading Meredith’s privacy compliance, education, and protection strategies across all businesses and locations. She will report to Chief Development Officer and General Counsel John Zieser.
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a Meredith Corporation (NYSE:MDP) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. Meredith Corporation (NYSE:MDP) Diluted EPS is 1.01, whereas the EPS Estimate for next year is 6.95. The Annual EPS Growth of past 5 years is -19.40% and Meredith Corporation (NYSE:MDP) yearly performance is 6.40% and net profit margin is -0.10%.
Key Performance indicators for Meredith Corporation (NYSE:MDP), in last 4 months the performance of MDP was -0.36% while its price to sale ratio is 0.78 and price to book ratio is 2.40. Company gross margin stands at 63.10% whereas its return on investment (ROI) is 1.90%.
On 28 June 2019, Meredith Corporation (NYSE:MDP), a Services sector firm, traded 1.7 Million shares in last trading session and stock increased 2.46% with closing price of $55.06 per share. with Meredith Corporation (NYSE:MDP) traded 1.7 Million shares. The MDP distance from 20 day simple moving average is 4.77% and distance from 50-Day simple moving average is -0.84%.The relative strength index for stock is 56.49 and Average true range of MDP is 1.34.
Analyst’s mean target price for MDP is $60.33 while analysts mean recommendation is 2.60. The Stock value has moved between $47.47 – 62.57 in last one year. MDP market capitalization is 2461.73 with beta of 1.16. Company has 0.20% insider ownership.
Meredith Corporation (NYSE:MDP) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 1 of Thomson Reuters analysts, 3 given HOLD rating to the stock and 1 given UNDERPERFORM rating. Buy rating has been given by 2 analysts to the company stock.