Media stories about Kapstone (NYSE:KS) have been trending somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Kapstone earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 46.405570821548 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment’s analysis:
Several equities analysts recently issued reports on KS shares. Citigroup reissued a “neutral” rating and set a $26.00 price target on shares of Kapstone in a report on Tuesday, January 30th. Royal Bank of Canada downgraded shares of Kapstone from an “outperform” rating to a “sector perform” rating and lifted their price target for the company from $30.00 to $35.00 in a report on Thursday, February 1st. BMO Capital Markets downgraded shares of Kapstone from an “outperform” rating to a “market perform” rating in a report on Tuesday, January 30th. Zacks Investment Research raised shares of Kapstone from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a report on Wednesday, January 31st. Finally, Stephens downgraded shares of Kapstone from an “overweight” rating to an “equal weight” rating and set a $28.00 target price for the company. in a research note on Tuesday, January 30th. Eight investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $32.17.
Shares of NYSE KS opened at $34.44 on Friday. Kapstone has a 1-year low of $19.95 and a 1-year high of $35.01. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 26.09, a P/E/G ratio of 1.20 and a beta of 3.02. The company has a quick ratio of 1.24, a current ratio of 2.07 and a debt-to-equity ratio of 1.26.
Kapstone (NYSE:KS) last announced its earnings results on Wednesday, April 18th. The basic materials company reported $0.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.07. Kapstone had a net margin of 8.07% and a return on equity of 15.10%. The company had revenue of $799.20 million during the quarter, compared to the consensus estimate of $810.80 million. During the same period in the previous year, the firm posted $0.15 earnings per share. The company’s revenue was up 4.4% on a year-over-year basis. equities research analysts anticipate that Kapstone will post 2.04 earnings per share for the current year.
KapStone Paper and Packaging Corporation produces and sells a range of containerboards, corrugated products, and specialty paper products in the United States and internationally. The company operates in two segments, Paper and Packaging, and Distribution. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products.
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