News articles about KapStone Paper and Packaging (NYSE:KS) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. KapStone Paper and Packaging earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 46.848306734005 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of analysts have issued reports on the stock. ValuEngine upgraded shares of KapStone Paper and Packaging from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research upgraded shares of KapStone Paper and Packaging from a “strong sell” rating to a “hold” rating in a report on Thursday, December 28th. Royal Bank of Canada restated a “buy” rating and issued a $27.00 target price on shares of KapStone Paper and Packaging in a report on Friday, October 27th. BMO Capital Markets reduced their target price on shares of KapStone Paper and Packaging from $28.00 to $26.00 and set an “outperform” rating on the stock in a report on Friday, October 27th. Finally, Citigroup boosted their target price on shares of KapStone Paper and Packaging from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $26.38.
Shares of KapStone Paper and Packaging (KS) opened at $24.72 on Friday. KapStone Paper and Packaging has a fifty-two week low of $19.59 and a fifty-two week high of $25.02. The company has a quick ratio of 1.25, a current ratio of 2.07 and a debt-to-equity ratio of 1.64. The firm has a market cap of $2,420.00, a PE ratio of 32.96, a PEG ratio of 1.18 and a beta of 2.76.
KapStone Paper and Packaging (NYSE:KS) last posted its earnings results on Wednesday, October 25th. The basic materials company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.04). KapStone Paper and Packaging had a return on equity of 11.12% and a net margin of 2.29%. The business had revenue of $868.42 million during the quarter, compared to the consensus estimate of $839.36 million. During the same quarter last year, the firm earned $0.37 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. research analysts anticipate that KapStone Paper and Packaging will post 1.11 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.62%. KapStone Paper and Packaging’s dividend payout ratio (DPR) is presently 53.33%.
In related news, Director John Chapman sold 70,765 shares of KapStone Paper and Packaging stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $20.80, for a total transaction of $1,471,912.00. Following the completion of the transaction, the director now directly owns 445,056 shares of the company’s stock, valued at approximately $9,257,164.80. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Andrea K. Tarbox sold 32,486 shares of KapStone Paper and Packaging stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $20.95, for a total transaction of $680,581.70. Following the transaction, the vice president now directly owns 157,336 shares of the company’s stock, valued at $3,296,189.20. The disclosure for this sale can be found here. 13.09% of the stock is currently owned by insiders.
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KapStone Paper and Packaging Company Profile
KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America. The Company operates through two segments: Paper and Packaging, and Distribution. The Paper and Packaging segment manufactures and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets.
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