News articles about KapStone Paper and Packaging (NYSE:KS) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. KapStone Paper and Packaging earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 46.848306734005 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- KapStone Paper and Packaging Corp. (KS) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
- KapStone Paper and Packaging Corp. (KS) Expected to Announce Earnings of $0.38 Per Share (americanbankingnews.com)
- Stocks With Rising Relative Strength: Kapstone Paper & Packaging (finance.yahoo.com)
- KapStone Paper and Packaging Corporation (KS) – Hot Consumer Goods stock Alert – Nasdaq Fortune (press release) (nasdaqfortune.com)
- Quants, Technicians Agree on KapStone Paper and Packaging – TheStreet.com (realmoney.thestreet.com)
KapStone Paper and Packaging (KS) opened at $25.98 on Friday. The firm has a market cap of $2,520.00, a PE ratio of 34.64, a PEG ratio of 1.27 and a beta of 2.76. KapStone Paper and Packaging has a 1 year low of $19.59 and a 1 year high of $26.47. The company has a debt-to-equity ratio of 1.64, a current ratio of 2.07 and a quick ratio of 1.25.
KapStone Paper and Packaging (NYSE:KS) last issued its quarterly earnings data on Wednesday, October 25th. The basic materials company reported $0.39 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.04). The company had revenue of $868.42 million during the quarter, compared to the consensus estimate of $839.36 million. KapStone Paper and Packaging had a net margin of 2.29% and a return on equity of 11.12%. KapStone Paper and Packaging’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 earnings per share. sell-side analysts predict that KapStone Paper and Packaging will post 1.11 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.54%. The ex-dividend date was Thursday, December 28th. KapStone Paper and Packaging’s payout ratio is presently 53.33%.
Several research firms have issued reports on KS. TheStreet raised shares of KapStone Paper and Packaging from a “c+” rating to a “b-” rating in a research report on Monday, January 8th. Stephens set a $30.00 price target on shares of KapStone Paper and Packaging and gave the stock a “buy” rating in a research report on Wednesday. Zacks Investment Research raised shares of KapStone Paper and Packaging from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised shares of KapStone Paper and Packaging from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, Royal Bank of Canada reaffirmed a “buy” rating and set a $27.00 price target on shares of KapStone Paper and Packaging in a research report on Friday, October 27th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $26.63.
In related news, VP Andrea K. Tarbox sold 32,486 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The shares were sold at an average price of $20.95, for a total value of $680,581.70. Following the transaction, the vice president now directly owns 157,336 shares in the company, valued at $3,296,189.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Chapman sold 70,765 shares of the company’s 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 owns 445,056 shares in the company, valued at $9,257,164.80. The disclosure for this sale can be found here. 13.09% of the stock is owned by corporate insiders.
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About KapStone Paper and Packaging
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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