Multi-Color (LABL) Forms $68.60 Double Bottom; Last Week Cubic (CUB) Analysts

Multi-Color Corporation (NASDAQ:LABL) Logo

Among 9 analysts covering Cubic Corporation (NYSE:CUB), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. Cubic Corporation had 21 analyst reports since September 17, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 27 by Canaccord Genuity. Needham maintained it with “Buy” rating and $56.0 target in Wednesday, September 27 report. The firm has “Buy” rating given on Friday, September 22 by Raymond James. The stock has “Buy” rating by Benchmark on Wednesday, November 25. The firm earned “Buy” rating on Tuesday, October 20 by BB&T Capital. The firm earned “Overweight” rating on Thursday, August 10 by JP Morgan. The stock has “Buy” rating by J.P. Morgan on Thursday, August 10. The firm has “Buy” rating given on Thursday, August 10 by Canaccord Genuity. The stock of Cubic Corporation (NYSE:CUB) earned “Buy” rating by Needham on Friday, February 10. Needham maintained Cubic Corporation (NYSE:CUB) on Friday, March 24 with “Buy” rating. See Cubic Corporation (NYSE:CUB) latest ratings:

27/11/2017 Broker: J.P. Morgan Rating: Hold New Target: $59.0 Downgrade
27/11/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
21/11/2017 Broker: Canaccord Genuity Rating: Buy New Target: $64.0 Maintain
27/10/2017 Broker: Canaccord Genuity Rating: Buy New Target: $55.0 Maintain

Multi-Color Corporation (LABL) formed double bottom with $65.17 target or 5.00% below today’s $68.60 share price. Multi-Color Corporation (LABL) has $1.40 billion valuation. The stock increased 0.44% or $0.3 during the last trading session, reaching $68.6. About 791 shares traded. Multi-Color Corporation (NASDAQ:LABL) has declined 4.89% since April 12, 2017 and is downtrending. It has underperformed by 16.44% the S&P500.

Cubic Corporation provides systems and solutions for the transportation and defense markets in the United States and internationally. The company has market cap of $1.72 billion. It operates through three divisions: Cubic Transportation Systems , Cubic Global Defense Systems (CGD Systems), and Cubic Global Defense Services (CGD Services). It currently has negative earnings. The CTS segment provides fare collection and revenue management devices, software, systems and multiagency, multimodal integration technologies, and operational services for transportation authorities and operators.

Investors sentiment decreased to 1.13 in 2017 Q4. Its down 0.71, from 1.84 in 2017Q3. It turned negative, as 16 investors sold Cubic Corporation shares while 52 reduced holdings. 28 funds opened positions while 49 raised stakes. 23.66 million shares or 1.65% less from 24.06 million shares in 2017Q3 were reported. Royal Comml Bank Of Canada holds 10,042 shares. State Of New Jersey Common Pension Fund D holds 0.21% or 935,000 shares. Gofen And Glossberg Lc Il reported 3,486 shares. The New York-based Jpmorgan Chase Com has invested 0% in Cubic Corporation (NYSE:CUB). Employees Retirement System Of Ohio invested 0% of its portfolio in Cubic Corporation (NYSE:CUB). 31,850 are owned by Advisors Asset Mgmt. 3,666 were accumulated by Profund Advsr Lc. Suffolk Capital Mngmt Lc holds 0.13% of its portfolio in Cubic Corporation (NYSE:CUB) for 17,123 shares. The New York-based Amalgamated National Bank & Trust has invested 0.01% in Cubic Corporation (NYSE:CUB). Ls Inv Advisors Lc reported 722 shares. Ameriprise Fincl Inc stated it has 468,665 shares or 0.01% of all its holdings. Envestnet Asset Inc invested in 0% or 2,855 shares. Morgan Stanley, New York-based fund reported 58,402 shares. Wells Fargo & Mn invested 0% of its portfolio in Cubic Corporation (NYSE:CUB). 5,145 were accumulated by Piedmont Investment Advisors Limited.

The stock increased 0.56% or $0.35 during the last trading session, reaching $63.15. About 11,468 shares traded. Cubic Corporation (NYSE:CUB) has risen 20.61% since April 12, 2017 and is uptrending. It has outperformed by 9.06% the S&P500.

Investors sentiment decreased to 1.24 in Q4 2017. Its down 0.42, from 1.66 in 2017Q3. It turned negative, as 14 investors sold Multi-Color Corporation shares while 36 reduced holdings. 12 funds opened positions while 50 raised stakes. 12.65 million shares or 3.38% more from 12.24 million shares in 2017Q3 were reported. Prudential Financial owns 25,408 shares. Clark Capital Gru accumulated 24,093 shares. 1.74M were accumulated by Blackrock Inc. Ftb Advisors Inc accumulated 511 shares. Fmr Ltd has invested 0.02% in Multi-Color Corporation (NASDAQ:LABL). Royal National Bank Of Canada reported 0.01% stake. Parallax Volatility Advisers Ltd Partnership has 0% invested in Multi-Color Corporation (NASDAQ:LABL). Credit Suisse Ag accumulated 15,893 shares. Aqr Capital Mgmt Limited accumulated 2,759 shares. Goldman Sachs Grp Inc accumulated 34,951 shares. Commercial Bank Of Montreal Can holds 420 shares. Stanley has invested 0.12% in Multi-Color Corporation (NASDAQ:LABL). Ngam Ltd Partnership invested in 62,859 shares or 0.05% of the stock. First Tru Advsr L P reported 15,803 shares. Teachers Retirement Sys Of The State Of Kentucky owns 4,500 shares.

Among 5 analysts covering Multi-Color (NASDAQ:LABL), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Multi-Color has $8800 highest and $67.0 lowest target. $72.50’s average target is 5.69% above currents $68.6 stock price. Multi-Color had 21 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Friday, April 29 by Hilliard Lyons. The firm has “Neutral” rating given on Friday, October 2 by Hilliard Lyons. On Tuesday, November 29 the stock rating was downgraded by KeyBanc Capital Markets to “Underweight”. On Thursday, August 24 the stock rating was maintained by KeyBanc Capital Markets with “Sell”. The rating was upgraded by Hilliard Lyons on Monday, January 8 to “Long-Term Buy”. The stock has “Sell” rating by KeyBanc Capital Markets on Sunday, August 13. The stock has “Hold” rating by BMO Capital Markets on Wednesday, October 25. The rating was downgraded by BMO Capital Markets on Thursday, March 24 to “Market Perform”. On Wednesday, February 7 the stock rating was maintained by Robert W. Baird with “Hold”. The stock has “Neutral” rating by Robert W. Baird on Wednesday, January 4.

Analysts await Multi-Color Corporation (NASDAQ:LABL) to report earnings on May, 29. They expect $1.12 EPS, up 14.29% or $0.14 from last year’s $0.98 per share. LABL’s profit will be $22.89 million for 15.31 P/E if the $1.12 EPS becomes a reality. After $0.71 actual EPS reported by Multi-Color Corporation for the previous quarter, Wall Street now forecasts 57.75% EPS growth.

Cubic Corporation (NYSE:CUB) Institutional Positions Chart