LSC Communications (LKSD) Stock Rating Upgraded by ValuEngine

LSC Communications (NYSE:LKSD) was upgraded by ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Tuesday.

LKSD has been the topic of a number of other research reports. BidaskClub lowered LSC Communications from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. Citigroup lowered LSC Communications from a “neutral” rating to a “sell” rating in a report on Friday, September 29th. Finally, Zacks Investment Research lowered LSC Communications from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Two equities research 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. The company currently has a consensus rating of “Hold” and an average target price of $24.00.

LSC Communications (NYSE LKSD) traded up $0.04 during mid-day trading on Tuesday, hitting $14.15. The stock had a trading volume of 172,600 shares, compared to its average volume of 251,686. LSC Communications has a 52 week low of $13.72 and a 52 week high of $28.96. The company has a quick ratio of 1.10, a current ratio of 1.42 and a debt-to-equity ratio of 2.47. The company has a market capitalization of $491.66 and a price-to-earnings ratio of 48.79.

LSC Communications (NYSE:LKSD) last posted its earnings results on Thursday, November 2nd. The company reported $0.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.70 by $0.03. LSC Communications had a return on equity of 24.72% and a net margin of 0.28%. The company had revenue of $935.00 million for the quarter, compared to analyst estimates of $928.67 million. During the same quarter last year, the company earned $1.26 earnings per share. The company’s revenue for the quarter was down 1.5% on a year-over-year basis. research analysts expect that LSC Communications will post 2.1 EPS for the current year.

A number of institutional investors have recently modified their holdings of the stock. AHL Partners LLP lifted its holdings in LSC Communications by 0.7% during the second quarter. AHL Partners LLP now owns 9,967 shares of the company’s stock worth $213,000 after acquiring an additional 72 shares during the period. Voya Investment Management LLC lifted its holdings in LSC Communications by 6.8% during the second quarter. Voya Investment Management LLC now owns 14,812 shares of the company’s stock worth $317,000 after acquiring an additional 946 shares during the period. Sei Investments Co. lifted its holdings in LSC Communications by 53.3% during the second quarter. Sei Investments Co. now owns 6,508 shares of the company’s stock worth $139,000 after acquiring an additional 2,263 shares during the period. Stifel Financial Corp lifted its holdings in LSC Communications by 6.8% during the second quarter. Stifel Financial Corp now owns 67,097 shares of the company’s stock worth $1,435,000 after acquiring an additional 4,286 shares during the period. Finally, State of Tennessee Treasury Department lifted its holdings in LSC Communications by 21.7% during the second quarter. State of Tennessee Treasury Department now owns 30,887 shares of the company’s stock worth $661,000 after acquiring an additional 5,510 shares during the period. Institutional investors and hedge funds own 84.36% of the company’s stock.

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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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