Media headlines about Domtar Paper (NYSE:UFS) (TSE:UFS) have trended somewhat positive on Sunday, according to Accern. The research group rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Domtar Paper earned a daily sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 44.4415772672167 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
Several equities research analysts have recently weighed in on the company. BMO Capital Markets reissued a “hold” rating and issued a $47.00 price objective on shares of Domtar Paper in a report on Thursday, January 25th. ValuEngine raised Domtar Paper from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. TheStreet downgraded Domtar Paper from an “a-” rating to a “c+” rating in a report on Friday, February 9th. Raymond James Financial decreased their price objective on Domtar Paper from $52.00 to $48.00 and set a “market perform” rating for the company in a report on Friday, February 9th. Finally, Stephens raised Domtar Paper from an “equal” rating to a “buy” rating and set a $43.00 price objective for the company in a report on Friday, February 9th. Four analysts have rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $44.50.
Shares of NYSE UFS traded down $0.01 during mid-day trading on Friday, hitting $42.93. 734,011 shares of the company were exchanged, compared to its average volume of 832,735. The company has a debt-to-equity ratio of 0.45, a current ratio of 2.24 and a quick ratio of 1.21. Domtar Paper has a 1-year low of $35.72 and a 1-year high of $52.58. The company has a market cap of $2,691.58, a PE ratio of 16.51, a P/E/G ratio of 2.87 and a beta of 1.62.
Domtar Paper (NYSE:UFS) (TSE:UFS) last issued its quarterly earnings results on Thursday, February 8th. The basic materials company reported $0.64 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.69 by ($0.05). Domtar Paper had a positive return on equity of 6.02% and a negative net margin of 4.11%. The company had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same period in the prior year, the business earned $0.75 earnings per share. Domtar Paper’s revenue for the quarter was up 4.9% compared to the same quarter last year. analysts anticipate that Domtar Paper will post 2.99 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be issued a $0.435 dividend. The ex-dividend date is Thursday, March 29th. This represents a $1.74 dividend on an annualized basis and a yield of 4.05%. This is an increase from Domtar Paper’s previous quarterly dividend of $0.42. Domtar Paper’s dividend payout ratio (DPR) is 66.92%.
In other Domtar Paper news, SVP Patrick Loulou sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 21st. The stock was sold at an average price of $45.61, for a total value of $684,150.00. Following the completion of the sale, the senior vice president now owns 9,722 shares of the company’s stock, valued at $443,420.42. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Daniel Buron sold 16,853 shares of the firm’s stock in a transaction on Friday, March 16th. The shares were sold at an average price of $45.99, for a total value of $775,069.47. Following the completion of the sale, the vice president now directly owns 19,101 shares of the company’s stock, valued at approximately $878,454.99. The disclosure for this sale can be found here. In the last three months, insiders sold 124,180 shares of company stock valued at $5,630,151. 1.04% of the stock is owned by corporate insiders.
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About Domtar Paper
Domtar Corporation designs, manufactures, markets, and distributes various communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company offers business papers, including copy and electronic imaging papers for use with inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.
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