LSC Communications Inc (LKSD) Receives $15.25 Consensus Price Target from Analysts

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LSC Communications Inc (NYSE:LKSD) has earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $15.25.

A number of research firms recently issued reports on LKSD. ValuEngine upgraded LSC Communications from a “strong sell” rating to a “sell” rating in a report on Tuesday, November 13th. Zacks Investment Research downgraded LSC Communications from a “buy” rating to a “hold” rating in a report on Saturday, November 10th. Citigroup decreased their price objective on LSC Communications from $14.00 to $11.00 and set a “neutral” rating for the company in a report on Friday, November 2nd. Finally, Buckingham Research decreased their price objective on LSC Communications from $22.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, November 1st.

Shares of NYSE LKSD traded down $0.73 during mid-day trading on Monday, reaching $8.73. 551,883 shares of the company’s stock were exchanged, compared to its average volume of 492,766. The firm has a market cap of $315.20 million, a P/E ratio of 4.43, a P/E/G ratio of -3.25 and a beta of 0.21. The company has a debt-to-equity ratio of 3.06, a current ratio of 1.27 and a quick ratio of 0.98. LSC Communications has a twelve month low of $7.78 and a twelve month high of $18.64.

LSC Communications (NYSE:LKSD) last released its quarterly earnings results on Wednesday, October 31st. The company reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $0.86 by ($0.12). The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $971.00 million. LSC Communications had a positive return on equity of 23.53% and a negative net margin of 1.67%. The company’s revenue for the quarter was up 8.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.73 EPS. Equities analysts anticipate that LSC Communications will post 1.45 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 4th. Stockholders of record on Thursday, November 15th were given a $0.26 dividend. The ex-dividend date was Wednesday, November 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 11.91%. LSC Communications’s payout ratio is 52.79%.

A number of large investors have recently added to or reduced their stakes in LKSD. Millennium Management LLC lifted its holdings in LSC Communications by 33.3% during the 1st quarter. Millennium Management LLC now owns 79,909 shares of the company’s stock worth $1,394,000 after purchasing an additional 19,946 shares during the last quarter. Principal Financial Group Inc. raised its holdings in LSC Communications by 1.9% in the 1st quarter. Principal Financial Group Inc. now owns 267,433 shares of the company’s stock valued at $4,667,000 after acquiring an additional 4,983 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in LSC Communications by 38.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 29,150 shares of the company’s stock valued at $456,000 after acquiring an additional 8,100 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in LSC Communications in the 2nd quarter valued at $122,000. Finally, Los Angeles Capital Management & Equity Research Inc. raised its holdings in LSC Communications by 65.9% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 102,753 shares of the company’s stock valued at $1,609,000 after acquiring an additional 40,820 shares in the last quarter. 81.20% of the stock is owned by institutional investors and hedge funds.

LSC Communications Company Profile

LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products. It operates through Print and Office Products segments. The Print segment produces magazines, catalogs, retail inserts, books, and directories. It also provides supply-chain management and various print-related services, including mail-list management and sortation, e-book formatting, and distribution services.

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Analyst Recommendations for LSC Communications (NYSE:LKSD)

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