McClatchy stock: buy or sell?
December 6th, 2019
The McClatchy Company publishes news and information in the United States. Its publications include the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, the (Fort Worth) Star-Telegram, and The (Durham, NC) Herald-Sun.
Should I buy McClatchy 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 choose and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with McClatchy 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 McClatchy stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't find any rating for MNI stock for the last month.
McClatchy stock analysis
After sliding a frightening -5.56% yesterday, McClatchy closed today at $0.50 and skyrocketed an outstanding 38.89%.
After sliding a frightening -5.56% yesterday, McClatchy closed today at $0.50 and skyrocketed an outstanding 38.89%. MNI broke out again over $0.45 after a 31.11% correction started on Monday. In the last 23 days when MNI stock price broke down the SMA100d line, it slid $-2.11 per share (-80.84%).
McClatchy shares climbed 38.89% this week, ending at $0.50. By mid November MNI collapsed a spooky -36.11% in just one week.
Since price and 20-weeks moving average lines crossed down by mid November, MNI fell $-2.23 per share (-81.68%).
McClatchy stock price history
McClatchy IPO was on February 5th, 1988 at $0.00 per share1. Since then, MNI stock surged a inf%, with a yearly average of inf%. If you had invested $1,000 in McClatchy stock in 1988, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
McClatchy stock historical price chart
MNI stock reached 52-week highs on December at $8.25, and all-time highs 2005-03-22 with a price of 560.51.
McClatchy stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable 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. You should not follow the analysts' MNI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price forecast for McClatchy stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, McClatchy didn't meet the forecasts of the experts and posted a bloodcurdling EPS of $-0.11 per share when experts were expecting $1.19.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, McClatchy annual sales plunged a horrible -10.66% to $807.23 M USD from $903.59 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) rocketed a 26.90% to -9.88%.
|2013||$1,240 M||-||$19 M1.5%||-|
|2014||$1,147 M||-7.54%||$374 M32.6%||1,889.30%|
|2015||$1,057 M||-7.85%||$-300.16 M-28.4%||-180.26%|
|2016||$977 M||-7.52%||$-34.19 M-3.5%||-88.61%|
|2017||$904 M||-7.52%||$-332.36 M-36.8%||872.01%|
|2018||$807 M||-10.66%||$-79.76 M-9.9%||-76.00%|
Quarterly financial resultsMcClatchy reported $212.96 M in sales for 2018-Q4, a 11.46% up compared to previous quarter. Reported quarter earnings marked $-27.49 M with a profit margin of -12.91%. Profit margin collapsed a -16.59% compared to previous quarter when profit margin was 3.68%. When comparing turnover to same quarter last year, McClatchy sales marked a scary drop down and plummed a -12.96%.
|2017-Q1||$221 M||-||$-95.58 M-43.2%||-|
|2017-Q2||$225 M||1.77%||$-37.45 M-16.6%||-60.82%|
|2017-Q3||$213 M||-5.56%||$-260.48 M-122.5%||595.53%|
|2017-Q4||$245 M||15.08%||$61.14 M25.0%||-123.47%|
|2018-Q1||$199 M||-18.72%||$-38.94 M-19.6%||-163.69%|
|2018-Q2||$204 M||2.76%||$-20.37 M-10.0%||-47.70%|
|2018-Q3||$191 M||-6.50%||$7.04 M3.7%||-134.56%|
|2018-Q4||$213 M||11.46%||$-27.49 M-12.9%||-490.58%|
McClatchy ownershipWhen you are planning to invest in shares of a stock, it's 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 McClatchy, 20.88% of all outstanding shares are owned by its staff.
In case of McClatchy stock, 73.60% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for MNI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$2.8 M||$55.3 M||$382.4 M||$107.5 M||$0.0 M|
|Total shares||5.5 M||19.0 M||1.4 M||57.8 M||0.0 M|
|Float shares||2.3 M||18.4 M||1.0 M||48.2 M||0.0 M|
|- Institutional holdings (%)||73.6%||68.0%||39.6%||46.2%||0.0%|
|- Insider holdings (%)||20.9%||3.5%||28.4%||8.6%||0.0%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, December 6th, 2019|
|Day range||$0.32 - $0.58|
|Average true range||$0.10|
|50d mov avg||$1.99|
|100d mov avg||$2.23|
|200d mov avg||$3.14|
McClatchy performanceTo measure stock performance is always good to compare with competitors or related stocks. We selected A.H. Belo, , Lee Enterprises, New Media Investment, News, New York Times, E.W. Scripps and TEGNA as the bechmarking frame for McClatchy stock.
|NEWMNew Media Investm...||-28.26%||-29.57%||-43.29%|
|NYTNew York Times||6.77%||-0.12%||29.66%|