Media headlines about KapStone Paper and Packaging (NYSE:KS) have been trending somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. KapStone Paper and Packaging earned a media sentiment score of 0.18 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 45.0155557647816 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:
- KapStone Paper and Packaging Corporation Shareholder Alert: Former SEC Attorney Willie Briscoe Investigates Merger with WestRock Company (finance.yahoo.com)
- International Paper (IP) Q4 Earnings Beat on Higher Revenues (finance.yahoo.com)
- Stock Traders Purchase High Volume of KapStone Paper and Packaging Call Options (KS) (americanbankingnews.com)
- SHAREHOLDER ALERT: Monteverde & Associates PC Launches An Investigation of the Board of Directors and Officers of KapStone Paper and Packaging Corporation – KS (finance.yahoo.com)
- Blog Exposure – WestRock Fortifies its Market Position with Acquisition of KapStone (finance.yahoo.com)
A number of research firms recently commented on KS. ValuEngine upgraded KapStone Paper and Packaging from a “hold” rating to a “buy” rating in a report on Friday, December 1st. Stephens began coverage on KapStone Paper and Packaging in a report on Tuesday, October 24th. They issued an “overweight” rating and a $28.00 price objective on the stock. TheStreet upgraded KapStone Paper and Packaging from a “c+” rating to a “b-” rating in a report on Monday, January 8th. BMO Capital Markets restated a “buy” rating and issued a $30.00 price objective on shares of KapStone Paper and Packaging in a report on Thursday, January 25th. Finally, Citigroup increased their price objective on KapStone Paper and Packaging from $25.00 to $26.00 and gave the stock a “buy” rating in a report on Friday, October 27th. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $29.63.
KapStone Paper and Packaging (NYSE:KS) last announced its quarterly earnings results on Wednesday, October 25th. The basic materials company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.04). KapStone Paper and Packaging had a net margin of 2.29% and a return on equity of 11.12%. The company had revenue of $868.42 million for the quarter, compared to analyst estimates of $839.36 million. During the same quarter last year, the business earned $0.37 EPS. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. sell-side analysts expect that KapStone Paper and Packaging will post 1.1 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were issued a dividend of $0.10 per share. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.40 annualized dividend and a yield of 1.15%. KapStone Paper and Packaging’s dividend payout ratio (DPR) is presently 53.33%.
In other news, VP Andrea K. Tarbox sold 32,486 shares of the stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $20.95, for a total value of $680,581.70. Following the completion of the sale, the vice president now directly owns 157,336 shares of the company’s stock, valued at $3,296,189.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Chapman sold 70,765 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $20.80, for a total value of $1,471,912.00. Following the completion of the sale, the director now directly owns 445,056 shares of the company’s stock, valued at $9,257,164.80. The disclosure for this sale can be found here. Company insiders own 13.09% of the company’s stock.
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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