Stocks Tumbling on Lethargic Results: Meredith Corporation (NYSE:MDP), Carnival Corporation (NYSE:CCL)

Meredith Corporation (NYSE:MDP) runs in leading trade, it inching up 0.24% to traded at $61.85. MDP attains analyst recommendation of 3 on scale of 1-5 with week’s performance of 11.57%.

To find out the technical position of MDP, it holds price to book ratio of 2.87 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 18.77, and price to earnings ratio calculated as 29.61. The price to earnings growth ration calculated as 5.92. MDP is presenting price to cash flow of 60.22 and free cash flow concluded as 15.01.

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -75.20%, and looking further price to next year’s EPS is -12.39%. While take a short look on price to sales ratio, that was 1.58 and price to earning ration of 29.61 attracting passive investors.

Carnival Corporation (NYSE:CCL) kept active in under and overvalue discussion, CCL holds price to book ratio of 1.79 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 14.84, which is authentic method to judge but not universal for all situation.

Fundament/ News Factor in Focus

Taking look on ratio analysis, CCL has forward price to earnings ratio of 13.46, compare to its price to earnings ratio of 14.84. Adding one more ration to find detail valuation of security, price to earnings growth ration that stands at 1.08. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.

The firm has price volatility of 1.85% for a week and 1.60% for a month. Its beta stands at 0.74 times. Narrow down four to firm performance, its weekly performance was 3.48% and monthly performance was 6.61%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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