The firm has "Buy" rating given on Friday, August 18 by BMO Capital Markets.
A number of other brokerages have also recently weighed in on KS. Identifying stocks that are overbought or oversold can be an important part of establishing viable trade entries. KapStone Paper and Packaging earned a coverage optimism score of 0.14 on Accern's scale.
The analysts offering 12 month price targets for KapStone Paper and Packaging Corporation have a median target of $28, with a high estimate of $30 and a low estimate of $21.More news: Brixmor Property Group Inc. (BRX)
On January 29, 2018, KapStone announced that it had signed a definitive merger agreement with WestRock. Six research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. The stock was sold at an average price of $20.80, for a total value of $1,471,912.00.
KapStone Paper and Packaging Corporation (NYSE:KS) shares advanced 31.50% pre-market trade on Monday. Investors who observing the volume trend of Monster Beverage Corporation (MNST) over recent time; they noted that 2.67 million shares changed at hands contradiction to its average trading volume of 2.13 million. Over the 52-week time span, the stock notched a high price of $26.47 and its minimum price was $19.59. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.25 and a current ratio of 2.07.
Let's take an assessment at how KapStone Paper and Packaging Corporation has been performing. The company had revenue of $868.42 million for the quarter, compared to the consensus estimate of $839.36 million.More news: Lady Gaga Performs "Joanne" and "Million Reasons" at the 2018 Grammys
KapStone Paper and Packaging Corporation (KS) closed 16.7% above its 200-day moving average and is 13.16% above another chart threshold, its 50-day moving average. KapStone Paper and Packaging's revenue for the quarter was up 11.8% compared to the same quarter a year ago. After having $0.39 EPS previously, KapStone Paper and Packaging Corporation's analysts see -5.13% EPS growth. Shareholders of record on Friday, September 29th were paid a dividend of $0.10 per share. The firm has "Outperform" rating by Wells Fargo given on Thursday, September 10. This represents a $0.40 dividend on an annualized basis and a yield of 1.56%. Also, VP Andrea K. Tarbox sold 32,486 shares of the company's stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $20.95, for a total value of $680,581.70. Following the completion of the transaction, the vice president now owns 157,336 shares in the company, valued at approximately $3,296,189.20. Additionally, the price to earnings ratio is another popular way for analysts and investors to determine a company's profitability. Victory Capital Management Inc. now owns 5,145 shares of the basic materials company's stock valued at $106,000 after purchasing an additional 771 shares during the period. The disclosure for this sale can be found here.
Several institutional investors have recently added to or reduced their stakes in KS. Victory Capital Management Inc. grew its stake in KapStone Paper and Packaging by 17.6% in the 2nd quarter. J Goldman & Company Lp bought 330,000 shares as the company's stock declined 13.33% while stock markets rallied. California Public Employees Retirement System lifted its stake in KapStone Paper and Packaging by 1.5% in the 3rd quarter. Riverhead Capital Management LLC grew its stake in KapStone Paper and Packaging by 77.3% in the 2nd quarter.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Finally, Flinton Capital Management LLC grew its holdings in shares of KapStone Paper and Packaging by 75.3% during the second quarter. "Capital Stock" is the number of outstanding shares listed on a company's balance sheet and is reported with the company's quarterly filings with the US Securities and Exchange Commission.More news: Western Digital (WDC) Price Target Lowered to $110.00 at Craig Hallum
TRADEMARK VIOLATION NOTICE: This report was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another publication, it was copied illegally and republished in violation of United States and global trademark & copyright legislation. SG Americas Securities LLC bought a new stake in KapStone Paper and Packaging during the third quarter worth about $188,000. In the case of KapStone Paper and Packaging Corporation (NYSE:KS), Zacks tracked 9 brokers to create the consensus EPS estimate. The Paper and Packaging segment offers containerboards consisting of linerboard and corrugated medium to manufacture corrugated containers for packaging products; and corrugated products.