MEREDITH CORP (MDP) Forecast, Price Target & Analyst Ratings

NYSE:MDP

Current stock price

59.07
+0.07 (+0.12%)
At close:
59.15
+0.08 (+0.14%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MEREDITH CORP (MDP).

Forecast Snapshot

Consensus Price Target

Price Target
$56.10
-5.03% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 1, 2022
Period
Q2 / 2022
EPS Estimate
$0.85
Revenue Estimate
694.452M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
50.77%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$56.10
Upside
-5.03%
From current price of $59.07 to mean target of $56.10, Based on 13 analyst forecasts
Low
$36.36
Median
$60.18
High
$61.95

Price Target Revisions

1 Month
N/A
3 Months
N/A

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for MDP. The average price target is 56.1 null. This implies a price decrease of -5.03% is expected in the next year compared to the current price of 59.07.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MDP Current Analyst RatingMDP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4 5

Analyst Ratings History

MDP Historical Analyst RatingsMDP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8 10

Analyst Ratings Consensus

ChartMill Buy Consensus
50.77%
MDP was analyzed by 13 analysts. The buy percentage consensus is at 51. So analysts seem to be rather neutral about MDP.
In the previous month the buy percentage consensus was at a similar level.
MDP was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-02-22Raymond JamesInitiate Outperform
2021-10-08CitigroupDowngrade Buy -> Neutral
2021-08-17CitigroupMaintains Buy
2021-03-01BenchmarkUpgrade Hold -> Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 1, 2022
Period
Q2 / 2022
EPS Estimate
$0.85
Revenue Estimate
694.452M
Revenue Q2Q
-22.97%
EPS Q2Q
-72.99%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

MDP is expected to report earnings on 3/1/2022. The consensus EPS estimate for the next earnings is 0.85 null and the consensus revenue estimate is 694.45M null.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2022 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2019 2020 2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
MDP revenue by date.MDP revenue by date.
3.189B
40.82%		2.849B
-10.66%		2.977B
4.52%		2.982B
0.14%		3.173B
6.41%		3.081B
-2.88%		3.105B
0.76%		3.16B
1.77%
EBITDA
YoY % growth
MDP ebitda by date.MDP ebitda by date.
677.3M
65.72%		552.8M
-18.38%		685.5M
24.01%		N/AN/AN/AN/AN/A
EBIT
YoY % growth
MDP ebit by date.MDP ebit by date.
429.7M
53.63%		332.9M
-22.53%		522.5M
56.95%		N/AN/AN/AN/AN/A
Operating Margin
MDP operating margin by date.MDP operating margin by date.
13.48%11.69%17.55%N/AN/AN/AN/AN/A
EPS
YoY % growth
MDP eps by date.MDP eps by date.
N/A
15.27%		3.40
-9.52%		5.81
70.88%		4.63
-20.29%		6.49
40.23%		5.54
-14.66%		6.19
11.67%		6.98
12.79%

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q2 / 22 Q3 / 22 Q4 / 22 Q1 / 23 Q2 / 23
EPS
Q2Q % growth		0.85
-72.99%		1.18
122.01%		2.57
131.57%		0.89
3.94%		0.96
13.50%
Revenue
Q2Q % growth		694.452M
-22.97%		655.048M
-1.42%		764.31M
6.46%		600.933M
-15.19%		642.414M
-7.49%
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/A

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

MDP Yearly Revenue VS EstimatesMDP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1B 2B 3B
MDP Yearly EPS VS EstimatesMDP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
-1.56%
EPS Next 5 Year
3.74%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.15%
Revenue Next 5 Year
1.19%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MEREDITH CORP / MDP Forecast FAQ

What is the average price target for MEREDITH CORP (MDP) stock?

13 analysts have analysed MDP and the average price target is 56.1 null. This implies a price decrease of -5.03% is expected in the next year compared to the current price of 59.07.

When does MEREDITH CORP (MDP) report earnings?

MEREDITH CORP (MDP) will report earnings on 2022-03-01, before the market open.

Can you provide the consensus estimates for MEREDITH CORP next earnings?

The consensus EPS estimate for the next earnings of MEREDITH CORP (MDP) is 0.85 null and the consensus revenue estimate is 694.45M null.

How do analysts rate MEREDITH CORP (MDP)?

The consensus rating for MEREDITH CORP (MDP) is 50.7692 / 100 . This indicates that analysts generally have a neutral outlook on the stock.