Medley Management (MDLY) Earning Somewhat Positive News Coverage, Analysis Shows
Media coverage about Medley Management (NYSE:MDLY) has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Medley Management earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave press coverage about the asset manager an impact score of 46.3143301745221 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Medley Management (MDLY) traded up $0.05 during mid-day trading on Wednesday, reaching $6.55. 14,000 shares of the company’s stock were exchanged, compared to its average volume of 14,250. The company has a debt-to-equity ratio of -1.92, a current ratio of 1.90 and a quick ratio of 1.90. Medley Management has a 1-year low of $5.50 and a 1-year high of $10.35. The company has a market cap of $187.98, a PE ratio of 27.29 and a beta of 1.51.
Medley Management (NYSE:MDLY) last released its quarterly earnings results on Tuesday, November 14th. The asset manager reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The firm had revenue of $16.65 million during the quarter, compared to the consensus estimate of $19.00 million. Medley Management had a negative return on equity of 35.40% and a net margin of 3.14%. The company’s revenue for the quarter was down 11.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.14 EPS. analysts forecast that Medley Management will post 0.44 EPS for the current fiscal year.
A number of equities research analysts have issued reports on MDLY shares. Zacks Investment Research raised shares of Medley Management from a “hold” rating to a “buy” rating and set a $7.50 target price on the stock in a report on Tuesday, December 19th. ValuEngine raised shares of Medley Management from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $8.67.
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Medley Management Company Profile
Medley Management Inc is an asset management firm offering yield solutions to retail and institutional investors. The Company operates in the investment management segment. It is focused on credit-related investment strategies, primarily originating senior secured loans to private middle market companies in the United States.
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