Somewhat Positive News Coverage Somewhat Unlikely to Impact KapStone Paper and Packaging Corporation (KS) Stock Price

News coverage about KapStone Paper and Packaging Corporation (NYSE:KS) has been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. KapStone Paper and Packaging Corporation earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.0036871525328 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the headlines that may have effected Accern Sentiment’s rankings:

Shares of KapStone Paper and Packaging Corporation (NYSE KS) opened at 22.76 on Friday. The stock has a market capitalization of $2.21 billion, a P/E ratio of 29.99 and a beta of 2.84. The stock has a 50 day moving average of $22.30 and a 200 day moving average of $22.23. KapStone Paper and Packaging Corporation has a 12-month low of $14.56 and a 12-month high of $24.98.

KapStone Paper and Packaging Corporation (NYSE:KS) last issued its earnings results on Wednesday, July 26th. The basic materials company reported $0.27 EPS for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $822.70 million for the quarter, compared to analyst estimates of $831.52 million. KapStone Paper and Packaging Corporation had a net margin of 2.39% and a return on equity of 11.26%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS. Equities research analysts anticipate that KapStone Paper and Packaging Corporation will post $1.27 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 12th. Shareholders of record on Friday, September 29th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.40 annualized dividend and a dividend yield of 1.76%. KapStone Paper and Packaging Corporation’s payout ratio is currently 51.95%.

A number of research analysts have issued reports on KS shares. Vertical Research lowered shares of KapStone Paper and Packaging Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, April 27th. Deutsche Bank AG upped their price target on shares of KapStone Paper and Packaging Corporation from $26.00 to $28.00 and gave the company a “buy” rating in a research note on Tuesday, April 25th. Royal Bank Of Canada restated a “buy” rating on shares of KapStone Paper and Packaging Corporation in a research note on Friday, April 28th. Zacks Investment Research upgraded shares of KapStone Paper and Packaging Corporation from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Wednesday, July 19th. Finally, BidaskClub lowered shares of KapStone Paper and Packaging Corporation from a “buy” rating to a “hold” rating in a research note on Saturday, July 8th. Eight investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $26.14.

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In other KapStone Paper and Packaging Corporation news, VP Randy J. Nebel sold 10,000 shares of the business’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the sale, the vice president now directly owns 47,404 shares in the company, valued at approximately $1,137,696. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 13.30% of the stock is currently owned by insiders.

KapStone Paper and Packaging Corporation 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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