LSC Communications (LKSD) Receives Daily News Impact Rating of 0.09
News headlines about LSC Communications (NASDAQ:LKSD) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. LSC Communications earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.9391287030638 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Several equities research analysts have recently commented on LKSD shares. J P Morgan Chase & Co started coverage on LSC Communications in a report on Friday, July 21st. They set a “neutral” rating for the company. Bank of America Corporation started coverage on LSC Communications in a report on Wednesday, May 24th. They set a “neutral” rating and a $24.00 target price for the company. Citigroup Inc. started coverage on LSC Communications in a report on Tuesday, May 30th. They set a “neutral” rating and a $23.00 target price for the company. Finally, Zacks Investment Research downgraded LSC Communications from a “hold” rating to a “sell” rating in a report on Tuesday, May 30th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. LSC Communications presently has a consensus rating of “Hold” and an average price target of $24.00.
Shares of LSC Communications (NASDAQ:LKSD) traded down 0.72% during midday trading on Friday, hitting $15.25. The stock had a trading volume of 13,736 shares. The firm has a market capitalization of $532.09 million and a PE ratio of 10.03. The firm’s 50-day moving average price is $18.83 and its 200-day moving average price is $22.60. LSC Communications has a one year low of $15.07 and a one year high of $37.40.
LSC Communications (NASDAQ:LKSD) last issued its quarterly earnings results on Thursday, August 3rd. The company reported $0.59 earnings per share for the quarter, missing the Zacks’ 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 million for the quarter, compared to analyst estimates of $876.38 million. The company’s quarterly revenue was down 6.4% on a year-over-year basis. On average, equities analysts predict that LSC Communications will post $2.15 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 5th. Shareholders of record on Tuesday, August 15th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.00 dividend on an annualized basis and a yield of 6.51%.
In related news, Director Shivan S. Subramaniam acquired 5,000 shares of the business’s stock in a transaction dated Friday, August 4th. The shares were bought at an average price of $17.18 per share, with a total value of $85,900.00. The transaction was disclosed in a filing with the SEC, which is available through this link.
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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