Multi Packaging Solutions Intrntnl Ltd (MPSX) was Downgraded by Credit Suisse to ” Neutral”. Earlier the firm had a rating of “Outperform ” on the company shares. Credit Suisse advised their investors in a research report released on Aug 24, 2016.
Many Wall Street Analysts have commented on Multi Packaging Solutions Intrntnl Ltd. Multi Packaging Solutions Intrntnl Ltd was Resumed by Citigroup to “Neutral” on Jul 5, 2016.
On the company’s financial health, Multi Packaging Solutions Intrntnl Ltd reported $0.03 EPS for the quarter, missing the analyst consensus estimate by $ -0.06 based on the information available during the earnings call on Aug 22, 2016. Analyst had a consensus of $0.09. The company had revenue of $373.84 million for the quarter, compared to analysts expectations of $385.47 million. The company’s revenue was down -7.1 % compared to the same quarter last year.
In a different news, on Nov 6, 2015, William H. Hogan (CFO) purchased 14,000 shares at $13.00 per share price. According to the SEC, on Oct 28, 2015, Rick B. Smith (Executive Vice President) sold 124,615 shares at $12.25 per share price.
Multi Packaging Solutions International Limited is a global provider of value-added specialty packaging solutions focused on high complexity products for the consumer healthcare and multi-media markets. The Company provides its customers with an array of print-based specialty packaging solutions including folding cartons inserts labels and rigid packaging across a range of substrates (such as paper and paperboard pressure sensitive labels plastic and foil) and finishes (such as ultra-violet (UV) coatings film lamination stamping and embossing) which are complemented by value-added services including design new product development and customized supply chain solutions. It operates through three segments: North America Europe and Asia. The healthcare market includes pharmaceutical nutraceutical and healthcare related products. The consumer market includes cosmetics personal care and toiletries sporting goods transaction and gift cards liquor and consumer products.