Analysts expect that LSC Communications Inc (NYSE:LKSD) will post earnings of $0.66 per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for LSC Communications’ earnings. The lowest EPS estimate is $0.61 and the highest is $0.71. LSC Communications posted earnings per share of $0.48 during the same quarter last year, which would indicate a positive year-over-year growth rate of 37.5%. The company is scheduled to report its next quarterly earnings report before the market opens on Thursday, February 22nd.

According to Zacks, analysts expect that LSC Communications will report full-year earnings of $2.10 per share for the current financial year, with EPS estimates ranging from $2.07 to $2.13. For the next fiscal year, analysts forecast that the firm will report earnings of $2.24 per share, with EPS estimates ranging from $2.13 to $2.45. Zacks’ EPS calculations are a mean average based on a survey of analysts that that provide coverage for LSC Communications.

A number of equities research analysts recently weighed in on the company. BidaskClub cut LSC Communications from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. Citigroup raised LSC Communications from a “sell” rating to a “neutral” rating and set a $23.00 target price for the company in a research note on Tuesday, November 14th. ValuEngine raised LSC Communications from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, January 9th. Finally, Zacks Investment Research cut LSC Communications from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $24.00.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LKSD. BlackRock Inc. increased its stake in shares of LSC Communications by 59.1% in the 2nd quarter. BlackRock Inc. now owns 4,701,098 shares of the company’s stock valued at $100,603,000 after buying an additional 1,746,936 shares during the period. Vanguard Group Inc. boosted its position in shares of LSC Communications by 43.0% in the 2nd quarter. Vanguard Group Inc. now owns 4,434,192 shares of the company’s stock worth $94,891,000 after purchasing an additional 1,333,143 shares during the last quarter. Northern Trust Corp boosted its position in shares of LSC Communications by 175.3% in the 2nd quarter. Northern Trust Corp now owns 454,096 shares of the company’s stock worth $9,718,000 after purchasing an additional 289,137 shares during the last quarter. State Street Corp boosted its position in shares of LSC Communications by 34.5% in the 2nd quarter. State Street Corp now owns 838,168 shares of the company’s stock worth $17,941,000 after purchasing an additional 214,943 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in shares of LSC Communications by 157.9% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 318,878 shares of the company’s stock worth $6,824,000 after purchasing an additional 195,257 shares during the last quarter. 83.51% of the stock is owned by institutional investors.

LSC Communications (NYSE:LKSD) traded down $0.38 during mid-day trading on Tuesday, reaching $12.43. The company had a trading volume of 67,601 shares, compared to its average volume of 248,547. LSC Communications has a 12-month low of $12.42 and a 12-month high of $28.96. The firm has a market cap of $463.44, a PE ratio of 44.17, a price-to-earnings-growth ratio of -2.97 and a beta of 3.43. The company has a debt-to-equity ratio of 2.47, a current ratio of 1.42 and a quick ratio of 1.10.

The company also recently announced a quarterly dividend, which will be paid on Friday, March 2nd. Stockholders of record on Thursday, February 15th will be paid a $0.26 dividend. This is a boost from LSC Communications’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 8.37%. The ex-dividend date of this dividend is Wednesday, February 14th. LSC Communications’s dividend payout ratio (DPR) is 344.84%.

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LSC Communications Company Profile

LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.

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