McClatchy stock: buy or sell?

MNI stock price: $0.75 8.70% At close on February 12th, 2020

Updated on:
February 12th, 2020

1

Shares of McClatchy ended on Wednesday at $0.75 and climbed a super good 8.70%. On Feb/5 MNI plummed a dreadful -8.70%.

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 pick and when is the best time 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.

Currently, McClatchy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean MNI will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is McClatchy stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for MNI stock for the last 30 days.

McClatchy stock analysis

Daily outlook

Shares of McClatchy climbed a super good 8.70% and closed at $0.75.

McClatchy shares climbed 8.70% to $0.75 on Wednesday. MNI is retaking the upward trend marking a new rising bottom heading to break out over $2.59. Since November when MNI stock price broke down the SMA100d line, it slid $-1.86 per share (-71.26%).

MNI stock chart (daily)

Weekly outlook

After sliding a scary -13.04% in a week early February, McClatchy closed this week at $0.75 and skyrocketed a dazzling 8.70%.

In a weekly time frame, McClatchy stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, MNI might consolidate in a flat-base, waiting to break out over or down under . Since price and 20-weeks moving average lines crossed down by mid November 2019, MNI fell $-1.98 per share (-72.53%).

MNI stock chart (weekly)

McClatchy stock price history

McClatchy stock went public on February 5th, 1988 with a price of $0.001. Since then, MNI stock grew a inf%, with an average of inf% per year. If you had invested right after MNI's IPO a $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 at $8.03, and all-time highs 2005-03-22 with a price of 560.51.

McClatchy stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for McClatchy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

On March, McClatchy failed to meet the forecasts of the experts and posted a bloodcurdling EPS of $-0.11 per share when experts were expecting $1.19.
MNI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-2.06n/a
2017-Q2-n/a-0.9n/a
2017-Q32017-10-16-0.55-1.12n/a
2017-Q42018-02-160.720.4-44.4%
2018-Q12018-04-27-2.12-2.63n/a
2018-Q22018-07-27-1.36-0.72n/a
2018-Q32018-11-09-1.04-3.03n/a
2018-Q42019-03-071.19-0.11n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a shocking drop down of -10.66% to $807.23 million dollars. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) skyrocketed a 26.90% to -9.88%.

MNI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
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 results

McClatchy reported $212.96 million in sales for 2018-Q4, a 11.46% improvement compared to previous quarter. Reported quarter income marked $-27.49 million 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 chilling correction and plummed a -12.96%.
MNI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$221 M-$-95.58 M-43.2%-
2017-Q2$225 M1.77%$-37.45 M-16.6%-60.82%
2017-Q3$213 M-5.56%$-260.48 M-122.5%595.53%
2017-Q4$245 M15.08%$61.14 M25.0%-123.47%
2018-Q1$199 M-18.72%$-38.94 M-19.6%-163.69%
2018-Q2$204 M2.76%$-20.37 M-10.0%-47.70%
2018-Q3$191 M-6.50%$7.04 M3.7%-134.56%
2018-Q4$213 M11.46%$-27.49 M-12.9%-490.58%

McClatchy ownership

When you are planning to invest in a stock, it's always worth to check its ownership structure.

McClatchy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 20.23% of all shares.

In case of McClatchy stock, 47.39% 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 context understanding, the following table shows ownership data compared to other related stocks:

MNI
Market cap$4.1 M
Total shares5.5 M
Float shares2.4 M
  - Institutional holdings (%)47.4%
  - Insider holdings (%)20.2%
Shares in short selling0.0%

McClatchy summary

Wednesday, February 12th, 2020
Open$0.70
Close$0.75
Day range$0.70 - $0.75
Previous close$0.69
Session gain8.70%
Average true range$0.09
50d mov avg$0.60
100d mov avg$1.41
200d mov avg$2.07
Daily patternlb02a
Weekly pattern lt06a

McClatchy performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected as the bechmarking frame for McClatchy stock.
Stock3m6m12m
MNIMcClatchy53.06%-67.39%-87.50%

McClatchy competitors

Unfortunately, we could not find any public company that could be defined as McClatchy competitor. This doesn't mean McClatchy does not have any competitor in the market, it's just we could not detected it.