MGI stock: buy or sell?
August 23rd, 2019
MoneyGram International, Inc., together with its subsidiaries, provides money transfer services in the United States and internationally.
Should I buy MGI stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Moneygram International stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Moneygram International stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we collected 2 ratings published for MGI stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-3||Northland Securities||Market Perform||Outperform|
MGI stock analysis
After boosting a dazzling 6.67% yesterday, Moneygram International closed today at $3.72 and climbed a wonderful 3.33%.
After boosting a dazzling 6.67% yesterday, Moneygram International closed today at $3.72 and climbed a wonderful 3.33%. On Monday, SMA100d and SMA200d crossed up triggering a rise of 8.45%. Since July 31st when MGI stock price broke up the SMA200d line, it gained $1.31 (54.36%). MGI shows a strong short term uptrend with several rising tops and rising bottoms. Since its last bottom on Aug 15th, MGI climbed unceasignly breaking out above its last top at 3.66.
Shares of Moneygram International climbed an amazing 8.45% this week. This week was the 5th green week in a row. Early July MGI collapsed a spooky -9.01% in just one week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $3.92 resistance. Early August, SMA20w and SMA40w crossed up triggering a rise of 33.81%. Since price and SMA40w lines crossed up late July, MGI climbed $1.53 (69.86%).
MGI stock price history
MGI stock went public on August 12th, 2004 with a price of $132.911. Since then, MGI stock sliced a -97.20%, with a yearly average of -6.50%.
1: Adjusted price after possible price splits or reverse-splits.
MGI stock historical price chart
MGI stock reached 52-week highs on September at $6.84, and all-time highs 2006-05-09 with a price of 292.52.
MGI stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not found any price forecast for Moneygram International stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareMoneygram International presented extraordinary results for 2018-Q4 on February. Moneygram International boosted Earnings per Share (EPS) by 100.00%, beating analysts of $-0.01. Moneygram International posted $-0.02.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a horrible drop down of -9.64% to $1,447.60 million dollars. On the other hand, its income margin (compared to revenues) stayed constant to -1.66%, that is $-24.00 million.
|2013||$1,470 M||-||$52 M3.6%||-|
|2014||$1,455 M||-1.03%||$72 M5.0%||37.60%|
|2015||$1,435 M||-1.39%||$-76.90 M-5.4%||-206.66%|
|2016||$1,630 M||13.64%||$16 M1.0%||-121.20%|
|2017||$1,602 M||-1.74%||$-29.80 M-1.9%||-282.82%|
|2018||$1,448 M||-9.64%||$-24.00 M-1.7%||-19.46%|
Quarterly financial resultsMoneygram International reported $345.80 M in revenues for 2018-Q4, a -0.40% decline compared to previous quarter. Reported quarter income marked $-12.50 million with a profit margin of -3.61%. Profit margin gained a 2.40% compared to previous quarter when profit margin was -6.02%. When comparing sales to same quarter last year, Moneygram International sales marked a dreadful loss and plunged a -15.29%. Looking back to recent quarterly results, Moneygram International posted 4 negative quarters in a row.
|2017-Q1||$386 M||-||$8.80 M2.3%||-|
|2017-Q2||$410 M||6.19%||$6.20 M1.5%||-29.55%|
|2017-Q3||$398 M||-2.98%||$7.70 M1.9%||24.19%|
|2017-Q4||$408 M||2.61%||$-52.50 M-12.9%||-781.82%|
|2018-Q1||$380 M||-6.91%||$7.10 M1.9%||-113.52%|
|2018-Q2||$375 M||-1.42%||$2.30 M0.6%||-67.61%|
|2018-Q3||$347 M||-7.31%||$-20.90 M-6.0%||-1,008.70%|
|2018-Q4||$346 M||-0.40%||$-12.50 M-3.6%||-40.19%|
Moneygram International ownershipWhen you are planning to buy shares of a stock, it's always worth to overview its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Moneygram International, 5.34% of all outstanding shares are owned by its staff.
Bearish positions for MGI stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Moneygram International:
|Market cap||$209.8 M||$7.7 B||$44.5 B||$24.8 B||$22.6 B|
|Total shares||56.4 M||52.0 M||331.0 M||157.2 M||176.9 M|
|Float shares||30.1 M||52.3 M||610.5 M||155.7 M||174.3 M|
|- Institutional holdings (%)||82.9%||104.4%||92.3%||102.0%||82.7%|
|- Insider holdings (%)||5.3%||4.2%||0.6%||0.7%||1.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$3.56 - $3.89|
|Average true range||$0.32|
|50d mov avg||$2.65|
|100d mov avg||$2.42|
|200d mov avg||$2.34|
Moneygram International performanceTo better understand Moneygram International performance you must compare its gains with other related stocks in same sector or industry. In the following table, we compare Moneygram International to Euronet Worldwide, Fidelity National Information Services, Global Payments, Total System Services, WEX and Western Union:
|TSSTotal System Serv...||12.46%||36.22%||32.62%|