LSC Communications (NYSE:LKSD) posted its quarterly earnings results on Thursday. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.17), Fidelity Earnings reports. The company had revenue of $834.00 million during the quarter, compared to analysts’ expectations of $923.57 million. LSC Communications had a positive return on equity of 15.39% and a negative net margin of 4.63%.
Shares of LSC Communications stock traded down $0.03 during midday trading on Friday, hitting $0.83. The company had a trading volume of 463,200 shares, compared to its average volume of 607,219. The company has a debt-to-equity ratio of 6.25, a quick ratio of 0.83 and a current ratio of 1.11. The stock has a market capitalization of $33.89 million, a P/E ratio of 0.67 and a beta of 0.89. The company has a 50 day moving average of $1.14 and a 200 day moving average of $3.01. LSC Communications has a 52-week low of $0.81 and a 52-week high of $10.79.
Several analysts recently weighed in on LKSD shares. Zacks Investment Research downgraded LSC Communications from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 7th. Buckingham Research cut their price target on LSC Communications from $10.00 to $8.00 and set a “buy” rating on the stock in a research note on Wednesday, July 24th. Finally, Wells Fargo & Co downgraded LSC Communications from a “market perform” rating to an “underperform” rating in a research note on Wednesday, July 24th.
LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products in the United States and internationally. It operates through Magazines, Catalogs and Logistics; Book; Office Products; and Other segments. The Magazines, Catalogs and Logistics segment produces magazines and catalogs, as well as provides logistics solutions to the company and other third parties.
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