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How to buy Meredith Corporation (MDP) stocks in Canada

Learn how to easily invest in Meredith Corporation stocks.

Meredith Corporation (MDP) is a leading publishing business based in the US. It opened the day at $40.95 after a previous close of $40.4. During the day the price has varied from a low of $40.755 to a high of $42.18. The latest price was $41.99 (25 minute delay). Meredith Corporation is listed on the NYSE and employs 5,050 staff. All prices are listed in US Dollars.

How to buy shares in Meredith Corporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MDP – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Meredith Corporation stock price (NYSE:MDP)

Use our graph to track the performance of MDP stocks over time.

Meredith Corporation shares at a glance

Information last updated 2021-07-09.
Previous close$40.40
Change $1.59
Change % 3.9356%
Volume 294,226
Information last updated 2022-01-16.
52-week range$18.24 - $59.16
50-day moving average $57.94
200-day moving average $42.90
Wall St. target price$53.00
PE ratio 10.0476
Dividend yield $0 (0%)
Earnings per share (TTM) $1.74

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Is it a good time to buy Meredith Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Meredith Corporation price performance over time

Historical closes compared with the close of $41.99 from 2021-12-02

1 week (2022-01-11) N/A
1 month (2021-12-18) N/A
3 months (2021-10-22) -28.10%
6 months (2021-07-22) 0.79%
1 year (2021-01-22) 118.13%
2 years (2020-01-22) 36.55%
3 years (2019-01-22) 53.86
5 years (2017-01-20) 55.75

Is Meredith Corporation under- or over-valued?

Valuing Meredith Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Meredith Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Meredith Corporation's P/E ratio

Meredith Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Meredith Corporation shares trade at around 10x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Meredith Corporation's PEG ratio

Meredith Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.23. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Meredith Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Meredith Corporation's EBITDA

Meredith Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $644.5 million.

The EBITDA is a measure of a Meredith Corporation's overall financial performance and is widely used to measure a its profitability.

Meredith Corporation financials

Revenue TTM $2.9 billion
Operating margin TTM 16%
Gross profit TTM $2 billion
Return on assets TTM 5.15%
Return on equity TTM 30.01%
Profit margin 9.59%
Book value $15.20
Market capitalisation $2.7 billion

TTM: trailing 12 months

Meredith Corporation share dividends

We're not expecting Meredith Corporation to pay a dividend over the next 12 months.

Have Meredith Corporation's shares ever split?

Meredith Corporation's shares were split on a 2:1 basis on 18 November 2021. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Meredith Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Meredith Corporation shares which in turn could have impacted Meredith Corporation's share price.

Meredith Corporation share price volatility

Over the last 12 months, Meredith Corporation's shares have ranged in value from as little as $18.24 up to $59.16. A popular way to gauge a stock's volatility is its "beta".

MDP.US volatility(beta: 2.38)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Meredith Corporation's is 2.3806. This would suggest that Meredith Corporation's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Meredith Corporation overview

Meredith Corporation operates as a diversified media company primarily in the United States. It operates in two segments, National Media and Local Media. The National Media segment offers national consumer media brands delivered across print magazines, digital media, brand licensing activities, performance marketing, database-related activities, affinity marketing, business-to-business marketing products and services, and other related operations. Its focus is on the entertainment, food, lifestyle, parenting, and home categories, which include brands, such as People, Better Homes & Gardens, InStyle, Allrecipes, Real Simple, Shape, Southern Living, Martha Stewart Living, and others, as well as approximately 300 special interest publications. This segment operates approximately 39 websites and applications. It is also involved in the provision of digital and customer relationship marketing, other custom publishing projects, brand licensing agreements, and ancillary products and services. In addition, this segment operates The Foundry 360, a creative content studio, which develops content marketing programs across various platforms comprising native advertising that enable clients to engage new consumers and build long-term relationships with existing customers for a range of industries.

Meredith Corporation in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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