LSC Communications (NYSE:LKSD) was upgraded by investment analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued on Tuesday.

Several other analysts have also issued reports on the company. Citigroup lowered LSC Communications from a “neutral” rating to a “sell” rating in a research note on Friday, September 29th. BidaskClub upgraded LSC Communications from a “strong sell” rating to a “sell” rating in a research note on Thursday, September 28th. Finally, Zacks Investment Research upgraded LSC Communications from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.00.

Shares of LSC Communications (NYSE:LKSD) traded up $0.04 on Tuesday, hitting $14.15. The company’s stock had a trading volume of 172,600 shares, compared to its average volume of 251,686. The company has a market capitalization of $491.66 and a price-to-earnings ratio of 48.79. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.10 and a current ratio of 1.42. LSC Communications has a 52-week low of $13.72 and a 52-week high of $28.96.

LSC Communications (NYSE:LKSD) last issued its earnings results on Thursday, November 2nd. The company reported $0.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.70 by $0.03. The firm had revenue of $935.00 million for the quarter, compared to analyst estimates of $928.67 million. LSC Communications had a return on equity of 24.72% and a net margin of 0.28%. The business’s revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.26 earnings per share. equities analysts forecast that LSC Communications will post 2.1 EPS for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. AHL Partners LLP grew its position in shares of LSC Communications by 0.7% in the second quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock valued at $213,000 after purchasing an additional 72 shares in the last quarter. Voya Investment Management LLC grew its position in shares of LSC Communications by 6.8% in the second quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock valued at $317,000 after purchasing an additional 946 shares in the last quarter. Sei Investments Co. grew its position in shares of LSC Communications by 53.3% in the second quarter. Sei Investments Co. now owns 6,508 shares of the company’s stock valued at $139,000 after purchasing an additional 2,263 shares in the last quarter. Stifel Financial Corp grew its position in shares of LSC Communications by 6.8% in the second quarter. Stifel Financial Corp now owns 67,097 shares of the company’s stock valued at $1,435,000 after purchasing an additional 4,286 shares in the last quarter. Finally, State of Tennessee Treasury Department grew its position in shares of LSC Communications by 21.7% in the second quarter. State of Tennessee Treasury Department now owns 30,887 shares of the company’s stock valued at $661,000 after purchasing an additional 5,510 shares in the last quarter. Institutional investors own 84.36% of the company’s stock.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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