News headlines about Bemis (NYSE:BMS) have been trending very positive on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Bemis earned a media sentiment score of 3.13 on their scale. InfoTrie also gave press coverage about the industrial products company an news buzz score of 10 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the immediate future.
A number of analysts have recently weighed in on the stock. UBS Group cut shares of Bemis from a “buy” rating to a “neutral” rating and set a $54.00 price target on the stock. in a report on Tuesday, August 7th. Jefferies Financial Group reissued a “hold” rating and set a $54.00 price target on shares of Bemis in a research report on Tuesday, August 7th. Robert W. Baird reaffirmed a “hold” rating and set a $57.00 price objective (up previously from $48.00) on shares of Bemis in a research note on Monday, August 6th. Royal Bank of Canada raised shares of Bemis from an “underperform” rating to a “sector perform” rating and raised their price objective for the stock from $44.00 to $46.00 in a research note on Wednesday, August 15th. Finally, Zacks Investment Research cut shares of Bemis from a “hold” rating to a “sell” rating in a research note on Monday, October 1st. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $49.50.
Shares of NYSE BMS opened at $48.13 on Friday. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.78 and a quick ratio of 0.90. Bemis has a twelve month low of $40.86 and a twelve month high of $53.00. The company has a market capitalization of $4.30 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.30 and a beta of 0.92.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Shareholders of record on Thursday, November 15th will be issued a $0.31 dividend. This represents a $1.24 annualized dividend and a yield of 2.58%. The ex-dividend date is Wednesday, November 14th. Bemis’s dividend payout ratio (DPR) is 51.88%.
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Bemis Company Profile
Bemis Company, Inc manufactures and sells packaging products in the United States, Brazil, other Americas, Europe, and the Asia-Pacific. It operates through three segments: U.S. Packaging, Latin America Packaging, and Rest of World Packaging. The company offers multilayer polymer, blown, and cast film structures; and injection molded plastic, thermoformed plastic, and folding carton packaging products.
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