LSC Communications (LKSD) Sees Strong Trading Volume

Shares of LSC Communications Inc (NYSE:LKSD) saw unusually-high trading volume on Friday . Approximately 2,262,158 shares were traded during trading, an increase of 400% from the previous session’s volume of 452,411 shares.The stock last traded at $7.00 and had previously closed at $6.97.

Separately, Zacks Investment Research lowered LSC Communications from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 2nd. Three equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $14.40.

The firm has a market capitalization of $232.21 million, a P/E ratio of 5.69, a price-to-earnings-growth ratio of -2.41 and a beta of 1.39. The company has a quick ratio of 0.99, a current ratio of 1.28 and a debt-to-equity ratio of 3.70.

LSC Communications (NYSE:LKSD) last released its quarterly earnings data on Tuesday, February 19th. The company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.11 by $0.01. The company had revenue of $939.00 million for the quarter, compared to the consensus estimate of $931.70 million. LSC Communications had a positive return on equity of 19.42% and a negative net margin of 0.60%. LSC Communications’s quarterly revenue was down 6.0% on a year-over-year basis. During the same period last year, the business posted $0.50 EPS. On average, analysts forecast that LSC Communications Inc will post 1.47 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 4th. Shareholders of record on Friday, February 15th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Thursday, February 14th. This represents a $1.04 annualized dividend and a yield of 14.86%. LSC Communications’s payout ratio is currently 84.55%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc purchased a new position in LSC Communications during the 4th quarter worth $1,317,000. Norges Bank purchased a new position in LSC Communications during the 4th quarter worth $1,732,000. Dimensional Fund Advisors LP increased its holdings in LSC Communications by 4.3% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,841,059 shares of the company’s stock worth $12,887,000 after purchasing an additional 75,932 shares during the period. Municipal Employees Retirement System of Michigan purchased a new position in LSC Communications during the 4th quarter worth $66,000. Finally, Metropolitan Life Insurance Co. NY increased its holdings in LSC Communications by 408.0% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 11,298 shares of the company’s stock worth $79,000 after purchasing an additional 9,074 shares during the period. Institutional investors own 83.74% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece was originally published by WKRB News and is owned by of WKRB News. If you are viewing this piece on another website, it was stolen and republished in violation of United States and international trademark and copyright law. The legal version of this piece can be accessed at

LSC Communications Company Profile (NYSE:LKSD)

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.

Further Reading: Book Value Per Share in Stock Trading

Receive News & Ratings for LSC Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LSC Communications and related companies with's FREE daily email newsletter.