Verso Corporation (VRS) Receiving Somewhat Favorable News Coverage, Analysis Shows
Media coverage about Verso Corporation (NYSE:VRS) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Verso Corporation earned a news impact score of 0.24 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.7715862694798 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.
Several equities analysts recently issued reports on VRS shares. ValuEngine upgraded Verso Corporation from a “strong sell” rating to a “sell” rating in a report on Friday, September 1st. Zacks Investment Research upgraded Verso Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, July 25th. Finally, B. Riley reiterated a “buy” rating and issued a $11.25 price target on shares of Verso Corporation in a report on Monday, August 7th.
Verso Corporation (NYSE VRS) opened at 5.05 on Tuesday. The company has a market cap of $174.00 million, a PE ratio of 2.84 and a beta of 1.36. The company has a 50-day moving average price of $5.12 and a 200 day moving average price of $5.52. Verso Corporation has a 12-month low of $4.37 and a 12-month high of $8.43.
Verso Corporation (NYSE:VRS) last issued its earnings results on Wednesday, August 9th. The basic materials company reported ($1.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.03) by ($0.39). Verso Corporation had a return on equity of 168.52% and a net margin of 47.46%. The firm had revenue of $585.00 million during the quarter, compared to analyst estimates of $579.52 million. On average, analysts forecast that Verso Corporation will post ($1.37) EPS for the current fiscal year.
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Verso Corporation Company Profile
Verso Corporation is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Company operates through two segments: paper and pulp. The Paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising.
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