LSC Communications Inc (NASDAQ:LKSD) has been given an average rating of “Hold” by the six analysts that are currently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $24.00.

Several research firms have weighed in on LKSD. Zacks Investment Research upgraded shares of LSC Communications from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Bank of America Corporation began coverage on shares of LSC Communications in a research report on Wednesday, May 24th. They set a “neutral” rating and a $24.00 price objective on the stock. J P Morgan Chase & Co began coverage on shares of LSC Communications in a research report on Friday, July 21st. They set a “neutral” rating on the stock. Finally, Citigroup Inc. began coverage on shares of LSC Communications in a research report on Tuesday, May 30th. They set a “neutral” rating and a $23.00 price objective on the stock.

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LSC Communications (NASDAQ:LKSD) opened at 16.83 on Tuesday. The stock’s 50 day moving average is $20.12 and its 200-day moving average is $23.17. The stock has a market capitalization of $587.22 million and a price-to-earnings ratio of 11.07. LSC Communications has a 52-week low of $15.07 and a 52-week high of $37.40.

LSC Communications (NASDAQ:LKSD) last released its quarterly earnings results on Thursday, August 3rd. The company reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by $0.09. LSC Communications had a return on equity of 7.63% and a net margin of 0.59%. The business had revenue of $848 million during the quarter, compared to the consensus estimate of $876.38 million. The company’s revenue was down 6.4% compared to the same quarter last year. Equities research analysts anticipate that LSC Communications will post $2.15 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 5th. Stockholders of record on Tuesday, August 15th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, August 11th. This represents a $1.00 annualized dividend and a dividend yield of 5.94%.

In other news, Director Shivan S. Subramaniam acquired 5,000 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were purchased at an average cost of $17.18 per share, for a total transaction of $85,900.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

Hedge funds have recently made changes to their positions in the stock. Texas Permanent School Fund increased its stake in shares of LSC Communications by 5.5% in the second quarter. Texas Permanent School Fund now owns 24,781 shares of the company’s stock valued at $530,000 after buying an additional 1,289 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in shares of LSC Communications by 0.4% in the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 705,744 shares of the company’s stock valued at $15,103,000 after buying an additional 2,473 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in shares of LSC Communications by 10.2% in the second quarter. Great West Life Assurance Co. Can now owns 48,768 shares of the company’s stock valued at $1,042,000 after buying an additional 4,510 shares during the last quarter. Municipal Employees Retirement System of Michigan increased its stake in shares of LSC Communications by 32.1% in the second quarter. Municipal Employees Retirement System of Michigan now owns 8,020 shares of the company’s stock valued at $172,000 after buying an additional 1,950 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of LSC Communications during the second quarter valued at approximately $776,000.

LSC Communications Company Profile

LSC Communications, Inc focuses on traditional and digital print, print-related services and office products. The Company’s segments are Print and Office Products. The Company, through its Print segment, provides a range of print product offerings, which include magazines, catalogs, retail inserts, books and directories.

Analyst Recommendations for LSC Communications (NASDAQ:LKSD)

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