News articles about Potlatch (NASDAQ:PCH) have been trending positive on Saturday, according to Accern Sentiment Analysis. The research firm rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Potlatch earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 45.5370613356327 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Shares of Potlatch (NASDAQ PCH) opened at $51.95 on Friday. Potlatch has a twelve month low of $39.05 and a twelve month high of $56.35. The stock has a market capitalization of $2,110.00, a price-to-earnings ratio of 24.05, a P/E/G ratio of 3.86 and a beta of 1.44. The company has a debt-to-equity ratio of 2.92, a current ratio of 2.17 and a quick ratio of 1.72.
Potlatch (NASDAQ:PCH) last announced its quarterly earnings results on Monday, October 23rd. The real estate investment trust reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.06. The firm had revenue of $190.40 million during the quarter, compared to the consensus estimate of $187.29 million. Potlatch had a return on equity of 54.42% and a net margin of 13.54%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.68 EPS. equities analysts anticipate that Potlatch will post 2.39 earnings per share for the current year.
Several brokerages recently issued reports on PCH. BMO Capital Markets reiterated a “hold” rating on shares of Potlatch in a report on Monday, October 23rd. Zacks Investment Research downgraded Potlatch from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 22nd. DA Davidson increased their price target on Potlatch to $47.00 and gave the company an “underperform” rating in a report on Tuesday, October 24th. Vertical Research downgraded Potlatch from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Finally, BidaskClub upgraded Potlatch from a “strong sell” rating to a “sell” rating in a report on Thursday, January 4th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $49.67.
In other Potlatch news, VP William R. Dereu sold 4,720 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $52.50, for a total value of $247,800.00. Following the completion of the transaction, the vice president now directly owns 26,142 shares of the company’s stock, valued at approximately $1,372,455. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 1.52% of the company’s stock.
Potlatch Corporation is a real estate investment trust (REIT), which is primarily engaged in activities associated with timberland management, including the sale of timber, management of timberlands, and purchase and sale of timberlands. The Company is also engaged in the manufacture and sale of wood products.
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