$35.37 $0.85 (2.5%)

04:00 PM EST on 12/06/19

Meredith Corp (NYSE:MDP)

CAPS Rating: 1 out of 5

A media and marketing company that is engaged in magazine and book publishing, television broadcasting, integrated marketing, and interactive media.

Current Price $35.37 Mkt Cap $1.6B
Open $34.95 P/E Ratio 0.00
Prev. Close $34.52 Div. (Yield) $2.30 (6.5%)
Daily Range $34.95 - $35.69 Volume 134,437
52-Wk Range $30.69 - $60.91 Avg. Daily Vol. 695,022

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All Players

128 Outperform
31 Underperform
 

All-Star Players

44 Outperform
8 Underperform
 

Wall Street

4 Outperform
0 Underperform
 

Top NYSE:MDP Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

JTHokie (< 20)
Submitted June 27, 2008

cheap

Jusie (98.07)
Submitted July 27, 2009

Primary business continues to be magazine publishing and subscriptions. Although Meredith has one of the largest consumer databases in the world, especially for Amerincan women, it will probably go the way of the newspapers.

Recent Community Commentary

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Recs

0
Member Avatar Cmoor (< 20) Submitted: 4/11/2018 12:21:12 PM : Outperform Start Price: $50.16 NYSE:MDP Score: -48.11

Meredith recently acquired Time, Inc's print magazines--Time, People, Fortune, Sports Illustrated, Money. They did not over leverage to do it. MDP's two main business lines are print media and TV stations. Their TV stations are primarily in top 50 markets, very profitable, and stable. Their secret sauce in print media is recognizing which genres of print media will continue to draw customers, and which will continue to lose viability to online competitors.

Meredith correctly assesses that those print media which focus on news and current events or timely subjects continue to lose out to the advantages of online delivery. On the other hand, Meredith's offerings focus on home, family, hobbies and matters that are more timeless. A 10 year old edition of Better Homes and Gardens might well still have interesting articles to one its current readers. That is MDP's secret sauce. Thus, MDP's plan is to sell all of the acquired magazines except for People. The others continue to lose readership as their subject matter is more rapidly reported by digital competitors.

Another key value from the acquisition of the Time assets is Meredith's ability to squeeze $400-500 million from operating expenses through consolidation of functions in the two print media groups.

With a 4% dividend and a 9 PE, what's not to like about this well managed, Midwest values company that knows what its future is?

Recs

0
Member Avatar 2trpop (85.73) Submitted: 1/13/2016 9:15:07 AM : Outperform Start Price: $33.98 NYSE:MDP Score: -57.81

fastgraph experiment

Recs

0
Member Avatar dollarvaluemenu (49.46) Submitted: 9/29/2015 11:48:45 AM : Outperform Start Price: $36.57 NYSE:MDP Score: -70.04

value

Leaderboard

Find the members with the highest scoring picks in MDP.

Score Leader

scottidog

scottidog (51.08) Score: +155.03

The Score Leader is the player with the highest score across all their picks in MDP.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
scottidog 51.08 5/22/2009 Underperform 3Y $17.72 +99.63% +254.67% +155.03 0 Comment
Jusie 98.07 7/27/2009 Underperform 3Y $19.34 +82.97% +223.21% +140.25 1 Comment
morgsie < 20 10/11/2006 Underperform 3W $31.87 +11.03% +147.84% +136.81 0 Comment
TrackCarter 26.81 9/21/2009 Underperform 3M $21.32 +65.95% +197.34% +131.38 0 Comment
mamicro < 20 11/8/2007 Underperform 1Y $37.60 -5.91% +124.80% +130.70 0 Comment
FiascoJones < 20 10/26/2007 Underperform 1Y $38.82 -8.86% +115.51% +124.37 1 Comment
VolatilityRocks < 20 9/29/2009 Underperform 5Y $20.40 +73.43% +195.61% +122.17 0 Comment
byronboozer < 20 3/2/2010 Underperform 5Y $21.84 +62.00% +180.22% +118.21 0 Comment
RUMBLINstrflame < 20 1/4/2010 Underperform 5Y $21.31 +66.02% +180.19% +114.17 0 Comment
Renesco < 20 2/21/2013 Underperform 5Y $33.79 +4.72% +108.57% +103.84 0 Comment

Wall Street

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