KapStone Paper and Packaging (KS) Given Media Sentiment Rating of 0.09
Headlines about KapStone Paper and Packaging (NYSE:KS) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. KapStone Paper and Packaging earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news coverage about the basic materials company an impact score of 45.3198655194453 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Bullish Two Hundred Day Moving Average Cross – KS (nasdaq.com)
- Trader’s Watch List: Aerohive Networks, Inc., (NYSE: HIVE), KapStone Paper and Packaging Corporation, (NYSE: KS … – Stocks In The News (press release) (tradingnewsnow.com)
- Priming the Pump: KapStone Paper and Packaging Corporation (NYSE:KS) Earnings Yield in Focus – Collins Courier (collinscourier.com)
- KapStone Paper and Packaging Corporation (NYSE: KS) – Comprehensive Stock Analysis – Alpha Beta Stock (alphabetastock.com)
- KapStone Paper and Packaging Corporation (KS) Cut to “Hold” at ValuEngine (americanbankingnews.com)
Shares of KapStone Paper and Packaging (NYSE KS) opened at $22.23 on Friday. KapStone Paper and Packaging has a 1 year low of $19.59 and a 1 year high of $24.98. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.25 and a current ratio of 2.07. The stock has a market capitalization of $2,040.94, a PE ratio of 20.24, a price-to-earnings-growth ratio of 1.42 and a beta of 2.80.
KapStone Paper and Packaging (NYSE:KS) last issued its earnings results 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). KapStone Paper and Packaging had a return on equity of 11.12% and a net margin of 2.29%. The company had revenue of $868.42 million during the quarter, compared to analysts’ expectations of $839.36 million. During the same period in the previous year, the company earned $0.37 EPS. KapStone Paper and Packaging’s quarterly revenue was up 11.8% on a year-over-year basis. equities research analysts forecast that KapStone Paper and Packaging will post 1.11 EPS for the current year.
A number of equities research analysts have commented on the stock. Royal Bank Of Canada restated a “buy” rating and set a $27.00 target price on shares of KapStone Paper and Packaging in a research note on Friday, October 27th. Citigroup increased their price objective on KapStone Paper and Packaging from $25.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, October 27th. ValuEngine raised KapStone Paper and Packaging from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. BidaskClub downgraded KapStone Paper and Packaging from a “buy” rating to a “hold” rating in a research note on Wednesday, August 23rd. Finally, KeyCorp restated a “hold” rating on shares of KapStone Paper and Packaging in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $26.38.
In other news, Director John Chapman sold 70,765 shares of the stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $20.80, for a total transaction of $1,471,912.00. Following the sale, the director now directly owns 445,056 shares in the company, valued at approximately $9,257,164.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, 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 sale, the vice president now owns 157,336 shares in the company, valued at $3,296,189.20. The disclosure for this sale can be found here. Corporate insiders own 13.09% of the company’s stock.
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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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