Media coverage about Bemis (NYSE:BMS) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bemis earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 45.7508114665714 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Bemis (BMS) traded up $0.15 on Thursday, hitting $48.21. 441,500 shares of the company’s stock traded hands, compared to its average volume of 691,833. Bemis has a twelve month low of $40.60 and a twelve month high of $51.98. The company has a market cap of $4,380.00, a P/E ratio of 22.85, a PEG ratio of 2.56 and a beta of 0.95. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.80 and a quick ratio of 0.91.
Bemis (NYSE:BMS) last released its quarterly earnings data on Thursday, October 26th. The industrial products company reported $0.70 EPS for the quarter, beating the consensus estimate of $0.65 by $0.05. Bemis had a net margin of 4.84% and a return on equity of 17.83%. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. The business’s revenue was up .8% on a year-over-year basis. analysts forecast that Bemis will post 2.37 earnings per share for the current year.
Several research analysts recently weighed in on BMS shares. SunTrust Banks reaffirmed a “hold” rating and issued a $47.00 target price (down previously from $49.00) on shares of Bemis in a report on Thursday, September 14th. Bank of America raised shares of Bemis from an “underperform” rating to a “neutral” rating and upped their target price for the stock from $46.00 to $51.00 in a report on Friday, September 15th. KeyCorp reaffirmed a “hold” rating on shares of Bemis in a report on Friday, October 13th. Zacks Investment Research raised shares of Bemis from a “sell” rating to a “hold” rating in a report on Monday, October 16th. Finally, Barclays upped their target price on shares of Bemis from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Monday, October 30th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $48.60.
Bemis Company Profile
Bemis Company, Inc is a manufacturer of packaging products. The Company operates through two segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment represents all food, consumer, and industrial products packaging-related manufacturing operations located in the United States. The Global Packaging segment includes all packaging-related manufacturing operations located outside of the United States, as well as global medical device and pharmaceutical packaging-related manufacturing operations.
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