Shares of RR Donnelley & Sons Co (NYSE:RRD) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokerages have set a one year consensus target price of $8.00 for the company, according to Zacks. Zacks has also given RR Donnelley & Sons an industry rank of 96 out of 256 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of RR Donnelley & Sons from a “sell” rating to a “hold” rating in a research report on Tuesday, July 9th.
Shares of NYSE:RRD traded up $0.02 during trading hours on Monday, hitting $1.93. The company’s stock had a trading volume of 295,100 shares, compared to its average volume of 979,544. RR Donnelley & Sons has a 52 week low of $1.67 and a 52 week high of $6.76. The firm has a market capitalization of $141.60 million, a P/E ratio of 2.76 and a beta of 1.69. The company’s fifty day moving average is $2.00.
RR Donnelley & Sons (NYSE:RRD) last posted its quarterly earnings data on Tuesday, July 30th. The business services provider reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.12. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. RR Donnelley & Sons had a negative net margin of 0.07% and a negative return on equity of 23.01%. RR Donnelley & Sons’s revenue was down 10.2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.09) EPS. As a group, sell-side analysts predict that RR Donnelley & Sons will post 0.66 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Thursday, August 15th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 6.22%. The ex-dividend date of this dividend is Wednesday, August 14th. RR Donnelley & Sons’s dividend payout ratio (DPR) is presently 17.14%.
A number of hedge funds have recently made changes to their positions in the business. Municipal Employees Retirement System of Michigan purchased a new position in shares of RR Donnelley & Sons in the fourth quarter valued at approximately $78,000. Metropolitan Life Insurance Co. NY raised its holdings in RR Donnelley & Sons by 306.0% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 20,424 shares of the business services provider’s stock valued at $81,000 after acquiring an additional 15,393 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in RR Donnelley & Sons by 55.6% in the first quarter. BNP Paribas Arbitrage SA now owns 22,308 shares of the business services provider’s stock valued at $105,000 after acquiring an additional 7,968 shares in the last quarter. Everence Capital Management Inc. raised its holdings in RR Donnelley & Sons by 160.7% in the first quarter. Everence Capital Management Inc. now owns 30,530 shares of the business services provider’s stock valued at $144,000 after acquiring an additional 18,820 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its holdings in RR Donnelley & Sons by 104.5% in the first quarter. Meeder Asset Management Inc. now owns 30,955 shares of the business services provider’s stock valued at $147,000 after acquiring an additional 15,821 shares in the last quarter. 87.27% of the stock is owned by institutional investors.
RR Donnelley & Sons Company Profile
R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.
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