Media headlines about Resolute Forest Products (NYSE:RFP) (TSE:RFP) have trended somewhat positive on Friday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Resolute Forest Products earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned media stories about the basic materials company an impact score of 45.2686137570938 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Shares of Resolute Forest Products (RFP) traded up 1.92% on Friday, hitting $5.30. 87,542 shares of the stock were exchanged. Resolute Forest Products has a 52-week low of $3.70 and a 52-week high of $6.75. The stock’s market cap is $475.68 million. The company’s 50 day moving average is $4.92 and its 200-day moving average is $4.85.

Resolute Forest Products (NYSE:RFP) (TSE:RFP) last issued its earnings results on Thursday, August 3rd. The basic materials company reported ($0.03) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.19). The firm had revenue of $858.00 million during the quarter. Resolute Forest Products had a negative net margin of 4.33% and a negative return on equity of 0.98%. During the same quarter last year, the business posted $0.07 earnings per share. Analysts predict that Resolute Forest Products will post ($0.09) EPS for the current fiscal year.

Separately, BidaskClub raised shares of Resolute Forest Products from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $4.67.

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Resolute Forest Products Company Profile

Resolute Forest Products Inc operates in the forest products industry. It offers a range of forest products, including market pulp, tissue, wood products, newsprint and specialty papers. As of December 31, 2016, it owned or operated over 40 pulp, paper, tissue and wood products facilities in the United States and Canada.

Insider Buying and Selling by Quarter for Resolute Forest Products (NYSE:RFP)

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