Why Multi-Color (LABL) Stock Is Spiking Today

NEW YORK (TheStreet) --Shares of Multi-Color Corp. (LABL) are higher by 8.06% to $37.99 on Friday morning after the company reported 2014 fourth quarter earnings of 68 cents per share, beating the consensus estimate of 58 cents per share.

The company, which delivers label solutions to help businesses build up their brands, reported revenue of $193.50 million for the most recent quarter, exceeding the consensus estimate of $187.53 million.

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Separately, TheStreet Ratings team rates MULTI-COLOR CORP as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:

"We rate MULTI-COLOR CORP (LABL) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins."

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