Equities research analysts expect LSC Communications Inc (NYSE:LKSD) to report $945.87 million in sales for the current quarter, Zacks reports. Two analysts have provided estimates for LSC Communications’ earnings. The lowest sales estimate is $945.74 million and the highest is $946.00 million. LSC Communications posted sales of $919.00 million during the same quarter last year, which suggests a positive year over year growth rate of 2.9%. The firm is expected to report its next earnings results on Thursday, February 22nd.

On average, analysts expect that LSC Communications will report full-year sales of $945.87 million for the current fiscal year. For the next fiscal year, analysts forecast that the company will report sales of $3.54 billion per share, with estimates ranging from $3.52 billion to $3.55 billion. Zacks’ sales averages are a mean average based on a survey of research firms that that provide coverage for LSC Communications.

LSC Communications (NYSE:LKSD) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.03. The firm had revenue of $935.00 million for the quarter, compared to analysts’ expectations of $928.67 million. LSC Communications had a return on equity of 24.72% and a net margin of 0.28%. The company’s revenue was down 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS.

A number of brokerages recently weighed in on LKSD. Citigroup raised LSC Communications from a “sell” rating to a “neutral” rating and set a $23.00 price objective on the stock in a report on Tuesday, November 14th. BidaskClub cut LSC Communications from a “sell” rating to a “strong sell” rating in a report on Thursday, November 2nd. Finally, Zacks Investment Research raised LSC Communications from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 10th. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $24.00.

In related news, Director Shivan S. Subramaniam purchased 3,500 shares of the firm’s stock in a transaction on Monday, September 11th. The shares were acquired at an average cost of $16.41 per share, with a total value of $57,435.00. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.48% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC bought a new stake in shares of LSC Communications in the 2nd quarter worth approximately $138,000. Sei Investments Co. boosted its position in shares of LSC Communications by 53.3% during the second quarter. Sei Investments Co. now owns 6,508 shares of the company’s stock valued at $139,000 after purchasing an additional 2,263 shares in the last quarter. State of Alaska Department of Revenue boosted its position in shares of LSC Communications by 85.3% during the second quarter. State of Alaska Department of Revenue now owns 6,652 shares of the company’s stock valued at $142,000 after purchasing an additional 3,062 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of LSC Communications by 32.1% during the second quarter. Municipal Employees Retirement System of Michigan now owns 8,020 shares of the company’s stock valued at $172,000 after purchasing an additional 1,950 shares in the last quarter. Finally, Cornerstone Capital Management Holdings LLC. bought a new stake in shares of LSC Communications during the second quarter valued at approximately $205,000. Hedge funds and other institutional investors own 84.62% of the company’s stock.

Shares of LSC Communications (LKSD) traded down $0.80 during midday trading on Friday, hitting $15.56. The company had a trading volume of 286,708 shares, compared to its average volume of 314,034. The stock has a market cap of $570.07, a PE ratio of 8.43, a price-to-earnings-growth ratio of -3.86 and a beta of 6.03. The company has a current ratio of 1.42, a quick ratio of 1.10 and a debt-to-equity ratio of 2.47. LSC Communications has a 52 week low of $13.72 and a 52 week high of $30.74.

The business also recently declared a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Wednesday, November 15th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $1.00 dividend on an annualized basis and a yield of 6.43%. LSC Communications’s dividend payout ratio (DPR) is currently 344.84%.

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About LSC Communications

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.

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