Medallion Financial (MFIN) Downgraded by Zacks Investment Research to Hold

Medallion Financial stock has undergone multiple analysts rating changes in the recent past.  Medallion Financial Downgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong-Buy.

Shares of Medallion Financial traded down -$0.15 on Tuesday, reaching $8.33. 0 shares of the stock traded hands, compared to its average volume of 20312. Shares of Medallion Financial were trading at $8.33 on Tuesday. The firm’s 50 day moving average is $8.43 and its 200 day moving average is $7.86.Medallion Financial has a 12 month low of $8.24 and a 12 month high of $9.50. While on yearly highs and lows, Medallion Financial’s today has traded high as $8.52 and has touched $8.24 on the downward trend. See More Analyst Rating at: RATING

Medallion Financial Earnings and What to expect: 

Medallion Financial last issued its earnings data on August 1st, 2021. The credit services provider reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.12. The business earned $37.26 million during the quarter, compared to analyst estimates of $35.20 million. Medallion Financial has generated ($1.42) earnings per share over the last year ($0.04 diluted earnings per share) and currently has a price-to-earnings ratio of 208.3. Earnings for Medallion Financial are expected to grow by 30.77% in the coming year, from $1.30 to $1.70 per share. Medallion Financial has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 1st, 2021 based off prior year’s report dates.

Earnings for Medallion Financial are expected to grow by 30.77% in the coming year, from $1.30 to $1.70 per share. The P/E ratio of Medallion Financial is 208.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.78. The P/E ratio of Medallion Financial is 208.30, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 14.56. Medallion Financial has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Medallion Financial (MFIN) Moving Average Technical Analysis

5 day Moving Average is $8.12 And 5 day price change is $0.23 (2.84%)  with average volume for 5 day average is 18,940. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $8.09 and 20 day price change is -$0.22 (-2.57%) and average 20 day moving volume is 24,390. 50 day moving average is $8.43  and 50 day price change is -$0.52 ( -5.88%)  and with average volume for 50 days is : 25,658. 200 day moving average is $7.86  and 200 day price change is $3.13 (60.19%)  and with average volume for 200 days is : 43,273.

Other owners latest trading in Medallion Financial :

  • On 8/23/2021 shares held by Morgan Stanley were 10,741 which equates to market value of $96K and appx 0.00% owners of Medallion Financial
  • On 8/17/2021 shares held by Millennium Management LLC were 196,378 which equates to market value of $1.74M and appx 0.00% owners of Medallion Financial
  • On 8/17/2021 shares held by Bridgeway Capital Management LLC were 113,644 which equates to market value of $1.01M and appx 0.00% owners of Medallion Financial
  • In total Institutional ownership equates to Institutional Ownership Percentage: 22.10% for Medallion Financial

See More Analyst Rating at: RATING