United Stationers (USTR) Set to Announce Quarterly Earnings on Thursday
United Stationers (NASDAQ:USTR) will be issuing its Q313 quarterly earnings data on Thursday, October 24th. Analysts expect the company to announce earnings of $0.99 per share and revenue of $1.33 billion for the quarter.
Shares of United Stationers (NASDAQ:USTR) traded down 0.30% on Wednesday, hitting $43.45. 24,776 shares of the company’s stock traded hands. United Stationers has a 52-week low of $25.89 and a 52-week high of $44.00. The stock has a 50-day moving average of $41.56 and a 200-day moving average of $37.24. The company has a market cap of $1.733 billion and a price-to-earnings ratio of 14.87.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, January 15th. Shareholders of record on Friday, December 13th will be paid a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.28%. The ex-dividend date is Wednesday, December 11th.
A number of analysts have recently weighed in on USTR shares. Analysts at Zacks downgraded shares of United Stationers from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, August 23rd. They now have a $46.40 price target on the stock. On the ratings front, analysts at Wunderlich downgraded shares of United Stationers from a “buy” rating to a “hold” rating in a research note to investors on Friday, August 2nd. They now have a $42.00 price target on the stock, up previously from $39.00.
United Stationers Inc (NASDAQ:USTR) is a wholesale distributor of business products.
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