September 30, 2017 – By Adrian Erickson
KapStone Paper (NYSE:KS) Rating Reaffirmed
In a research note sent to investors and clients this morning, RBC Capital restate their “Buy” rating on KapStone Paper (NYSE:KS) shares. The TP would suggest a possible upside of 25.64 % from firm’s last stock close price.
KapStone Paper and Packaging Corp. (NYSE:KS) Ratings Coverage
Among 15 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 6 have Buy rating, 2 Sell and 7 Hold. Therefore 40% are positive. Kapstone Paper And Packaging Corp. has $32 highest and $15 lowest target. $23.71’s average target is 10.33% above currents $21.49 stock price. Kapstone Paper And Packaging Corp. had 43 analyst reports since August 4, 2015 according to SRatingsIntel. Macquarie Research initiated the shares of KS in report on Tuesday, November 10 with “Neutral” rating. The firm has “Overweight” rating given on Monday, May 2 by Barclays Capital. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, April 19 report. The rating was maintained by KeyBanc Capital Markets with “Hold” on Tuesday, June 27. The rating was maintained by Deutsche Bank with “Buy” on Sunday, August 30. The company was maintained on Friday, September 22 by BMO Capital Markets. RBC Capital Markets maintained KapStone Paper and Packaging Corp. (NYSE:KS) rating on Sunday, August 20. RBC Capital Markets has “Buy” rating and $27.0 target. RBC Capital Markets maintained KapStone Paper and Packaging Corp. (NYSE:KS) on Monday, May 1 with “Buy” rating. The stock has “Neutral” rating by Bank of America on Monday, August 29. The rating was maintained by RBC Capital Markets on Thursday, February 11 with “Outperform”.
The stock decreased 1.74% or $0.38 on September 29, reaching $21.49. About 1.25 million shares traded or 22.55% up from the average. KapStone Paper and Packaging Corp. (NYSE:KS) has risen 45.78% since September 30, 2016 and is uptrending. It has outperformed by 29.08% the S&P500.
Wall Street await KapStone Paper and Packaging Corp. (NYSE:KS) to release earnings on November, 7. Analysts forecast EPS of $0.45, up exactly $0.09 or 25.00 % from 2014’s $0.36 EPS. The expected KS’s profit could reach $43.56 million giving the stock 11.94 P/E in the case that $0.45 earnings per share is reported. After posting $0.27 EPS for the previous quarter, KapStone Paper and Packaging Corp.’s analysts now forecast 66.67 % EPS growth.
KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America. The company has market cap of $2.08 billion. The Firm operates through two divisions: Paper and Packaging, and Distribution. It has a 28.08 P/E ratio. The Paper and Packaging segment makes and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets.
More notable recent KapStone Paper and Packaging Corp. (NYSE:KS) news were published by: Seekingalpha.com which released: “KapStone Paper and Packaging (KS) Presents at RBC 2017 Global Industrials …” on September 14, 2017, also Nasdaq.com with their article: “KapStone Paper and Packaging Corporation (KS) Ex-Dividend Date Scheduled for …” published on September 27, 2017, Postandcourier.com published: “One killed, one injured in accident at KapStone paper mill in North Charleston” on May 01, 2017. More interesting news about KapStone Paper and Packaging Corp. (NYSE:KS) were released by: Seekingalpha.com and their article: “KapStone Paper and Packaging’s (KS) CEO Matt Kaplan on Q4 2016 Results …” published on February 09, 2017 as well as Prnewswire.com‘s news article titled: “KapStone Paper And Packaging To Release 2017 Second Quarter Earnings On …” with publication date: July 11, 2017.
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