Media stories about Bemis (NYSE:BMS) have trended somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than 20 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. Bemis earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 45.5860439598715 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news stories that may have effected Accern Sentiment’s scoring:
Several equities research analysts have issued reports on the stock. SunTrust Banks reissued a “hold” rating and set a $46.00 target price on shares of Bemis in a research report on Wednesday, January 31st. Barclays upped their price target on shares of Bemis from $50.00 to $52.00 and gave the company an “overweight” rating in a report on Monday, October 30th. TheStreet cut shares of Bemis from a “b-” rating to a “c” rating in a report on Thursday, February 1st. Bank of America boosted their target price on shares of Bemis from $52.00 to $53.00 and gave the company an “underperform” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research lowered shares of Bemis from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $48.40.
Bemis (NYSE BMS) traded up $0.03 during mid-day trading on Wednesday, reaching $43.88. 84,833 shares of the company’s stock were exchanged, compared to its average volume of 597,460. The company has a quick ratio of 0.93, a current ratio of 1.86 and a debt-to-equity ratio of 1.28. Bemis has a 52 week low of $40.60 and a 52 week high of $50.47. The stock has a market capitalization of $3,967.27, a price-to-earnings ratio of 42.99, a PEG ratio of 2.22 and a beta of 0.86.
Bemis (NYSE:BMS) last posted its quarterly earnings results on Thursday, February 1st. The industrial products company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02. Bemis had a net margin of 2.32% and a return on equity of 17.52%. The business had revenue of $1 billion during the quarter, compared to analyst estimates of $978.34 million. During the same period in the prior year, the firm earned $0.67 earnings per share. The firm’s revenue was up 1.6% compared to the same quarter last year. analysts forecast that Bemis will post 2.81 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 1st. Investors of record on Tuesday, February 20th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, February 16th. This represents a $1.20 dividend on an annualized basis and a yield of 2.73%. Bemis’s dividend payout ratio is currently 117.65%.
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Bemis Company Profile
Bemis Company, Inc is a manufacturer of packaging products. The Company operates through two segments: U.S. Packaging and Global Packaging. The U.S. Packaging segment represents all food, consumer, and industrial products packaging-related manufacturing operations located in the United States. The Global Packaging segment includes all packaging-related manufacturing operations located outside of the United States, as well as global medical device and pharmaceutical packaging-related manufacturing operations.
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