LSC Communications (LKSD) Earns Daily Coverage Optimism Score of 0.06
Media headlines about LSC Communications (NASDAQ:LKSD) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. LSC Communications earned a news impact score of 0.06 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.5985077502853 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of LSC Communications (NASDAQ LKSD) traded up 2.84% during mid-day trading on Friday, reaching $16.66. The company’s stock had a trading volume of 340,714 shares. LSC Communications has a 1-year low of $16.12 and a 1-year high of $37.40. The company’s 50 day moving average price is $16.62 and its 200-day moving average price is $16.62. The company has a market capitalization of $581.28 million and a price-to-earnings ratio of 10.82.
LSC Communications (NASDAQ:LKSD) last released its earnings results on Thursday, August 3rd. The company reported $0.59 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by ($0.09). LSC Communications had a return on equity of 7.63% and a net margin of 0.59%. The business had revenue of $848.00 million for the quarter, compared to analyst estimates of $876.38 million. The company’s revenue for the quarter was down 6.4% on a year-over-year basis. Analysts predict that LSC Communications will post $2.15 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Tuesday, September 5th. Investors of record on Tuesday, August 15th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.00%. The ex-dividend date of this dividend was Friday, August 11th.
Several analysts have commented on the company. Zacks Investment Research raised LSC Communications from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. J P Morgan Chase & Co assumed coverage on LSC Communications in a report on Friday, July 21st. They issued a “neutral” rating on the stock. Finally, Citigroup Inc. assumed coverage on LSC Communications in a report on Tuesday, May 30th. They issued a “neutral” rating and a $23.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $24.00.
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In other news, Director Shivan S. Subramaniam purchased 3,500 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were acquired at an average price of $16.41 per share, for a total transaction of $57,435.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website.
About LSC Communications
LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.
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