Should You Hold Moneygram International Inc. (NASDAQ:MGI)

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Moneygram International Inc. (NASDAQ:MGI) closed its last session at $12.18. The stock traded within a range of $12.16 and $14.00. The company operates in the Financial Services sector with a market capitalization of 629830. Trading volume for Moneygram International Inc. was 21.61 Million in its previous trading session. Currently, Moneygram International Inc. (NASDAQ:MGI) has an average volume of 984.25 Million.

Company Profile

MoneyGram International, Inc. is a leading global payment services company and S&P MidCap company. The company’s major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers.

Analyst Views

Moneygram International Inc. (NASDAQ:MGI) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Moneygram International Inc. (NASDAQ:MGI) touched its 1-Year High price of $17.92 on 04/25/17 and its 1-Year Low price of $11.26 on 01/18/17.

EPS & Financials

Moneygram International Inc. (NASDAQ:MGI) reported its EPS in the last quarter as $0.24/Share lagging the analyst estimate of $0.27/Share by a difference of $-0.03. This showed a surprise of -11.1% in the last quarter earnings.

For the current quarter, 5 analysts are projecting a mean EPS of $0.26/share. According to their observations and findings, the stock could provide a high EPS of $0.29/share and a low EPS of $0.22/share.

Analysts believe that the company has the potential to earn average revenue of $399.36 Million for the current quarter. According to their predictions high & low revenue estimates are 406.6 Million and 381.46 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with HIGH volatility. Moneygram International Inc. (NASDAQ:MGI) has a 20-Day average volume of 2.09 Million. According to today’s trading volume Moneygram International Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 3.88 Percent and Institutional ownership of 94.1 Percent. The return on assets stands at 0.7%, Return on Equity currently is -7.9% and the Return on Investment value is 11.7%.

Moneygram International Inc. (NASDAQ:MGI) gross margin percentage stands at 49.1% while its operating margin for the past trailing twelve month is 5.2 percent and its overall profit margin (ttm) is 1.8 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -5.03% with a 50-Day Simple Moving Average of -11.46 percent. As of today, the company has a SMA200 (200-day simple moving average) of -23.32 Percent. The Stock has YTD (year to date) performance of -7.59 percent.

The TTM operating margin for the company stands at 5.2%. The return on invested capital is at 11.7%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 16.57.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -23.32%, and has a solid year to date (YTD) performance of -7.59% which means that the stock is constantly adding to its value from the previous fiscal year end price.