Equities analysts expect LSC Communications Inc (NYSE:LKSD) to announce $945.87 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for LSC Communications’ earnings. The lowest sales estimate is $945.74 million and the highest is $946.00 million. LSC Communications posted sales of $919.00 million in the same quarter last year, which would indicate a positive year over year growth rate of 2.9%. The firm is scheduled to issue its next quarterly earnings results before the market opens on Thursday, February 22nd.

On average, analysts expect that LSC Communications will report full-year sales of $945.87 million for the current financial year. For the next financial year, analysts expect that the firm will report sales of $3.54 billion per share, with estimates ranging from $3.52 billion to $3.55 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that that provide coverage for LSC Communications.

A number of analysts recently weighed in on the stock. BidaskClub raised shares of LSC Communications from a “strong sell” rating to a “sell” rating in a research note on Friday, October 27th. ValuEngine raised shares of LSC Communications from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 9th. Citigroup raised shares of LSC Communications from a “sell” rating to a “neutral” rating and set a $23.00 price objective for the company in a research note on Tuesday, November 14th. Finally, Zacks Investment Research lowered shares of LSC Communications from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company. LSC Communications has an average rating of “Hold” and an average target price of $24.00.

Shares of LSC Communications (LKSD) opened at $13.30 on Thursday. LSC Communications has a one year low of $12.52 and a one year high of $28.96. The firm has a market cap of $444.62, a PE ratio of 45.86, a P/E/G ratio of -2.85 and a beta of 3.43. The company has a quick ratio of 1.10, a current ratio of 1.42 and a debt-to-equity ratio of 2.47.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 2nd. Shareholders of record on Thursday, February 15th will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 7.82%. This is a positive change from LSC Communications’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Wednesday, February 14th. LSC Communications’s dividend payout ratio is presently 344.84%.

Hedge funds have recently added to or reduced their stakes in the business. Cornerstone Capital Management Holdings LLC. purchased a new stake in shares of LSC Communications during the second quarter valued at about $205,000. AHL Partners LLP lifted its position in shares of LSC Communications by 0.7% during the second quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock valued at $213,000 after buying an additional 72 shares during the last quarter. Voya Investment Management LLC lifted its position in shares of LSC Communications by 6.8% during the second quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock valued at $317,000 after buying an additional 946 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of LSC Communications during the second quarter valued at about $481,000. Finally, Nationwide Fund Advisors lifted its position in shares of LSC Communications by 1,128.4% during the second quarter. Nationwide Fund Advisors now owns 22,873 shares of the company’s stock valued at $489,000 after buying an additional 21,011 shares during the last quarter. 83.51% of the stock is owned by institutional investors and hedge funds.

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LSC Communications Company Profile

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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