Analysts expect that LSC Communications Inc (NYSE:LKSD) will post $945.87 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for LSC Communications’ earnings, with the lowest sales estimate coming in at $945.74 million and the highest estimate coming in at $946.00 million. LSC Communications reported sales of $919.00 million in the same quarter last year, which would suggest a positive year over year growth rate of 2.9%. The company is scheduled to issue its next quarterly earnings results on Thursday, February 22nd.

According to Zacks, analysts expect that LSC Communications will report full-year sales of $945.87 million for the current year. For the next year, analysts anticipate that the firm will report sales of $3.54 billion per share, with estimates ranging from $3.52 billion to $3.55 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that cover LSC Communications.

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

A number of research analysts have weighed in on LKSD shares. Citigroup cut shares of LSC Communications from a “neutral” rating to a “sell” rating in a research report on Friday, September 29th. BidaskClub upgraded shares of LSC Communications from a “strong sell” rating to a “sell” rating in a research report on Thursday, September 28th. Finally, Zacks Investment Research upgraded shares of LSC Communications from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 10th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $24.00.

LSC Communications (LKSD) opened at $14.51 on Friday. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.10 and a current ratio of 1.42. LSC Communications has a 1 year low of $13.72 and a 1 year high of $28.96. The firm has a market cap of $494.45, a price-to-earnings ratio of 50.04, a price-to-earnings-growth ratio of -3.17 and a beta of 5.96.

A number of hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its holdings in shares of LSC Communications by 15.2% in the second quarter. California State Teachers Retirement System now owns 60,107 shares of the company’s stock worth $1,286,000 after purchasing an additional 7,913 shares during the last quarter. WINTON GROUP Ltd grew its holdings in shares of LSC Communications by 57.2% in the second quarter. WINTON GROUP Ltd now owns 35,826 shares of the company’s stock worth $767,000 after purchasing an additional 13,039 shares during the last quarter. Nationwide Fund Advisors grew its holdings in shares of LSC Communications by 1,128.4% in the second quarter. Nationwide Fund Advisors now owns 22,873 shares of the company’s stock worth $489,000 after purchasing an additional 21,011 shares during the last quarter. Kennedy Capital Management Inc. grew its holdings in shares of LSC Communications by 7.9% in the second quarter. Kennedy Capital Management Inc. now owns 713,406 shares of the company’s stock worth $15,267,000 after purchasing an additional 52,269 shares during the last quarter. Finally, BlackRock Inc. grew its holdings in shares of LSC Communications by 59.1% in the second quarter. BlackRock Inc. now owns 4,701,098 shares of the company’s stock worth $100,603,000 after purchasing an additional 1,746,936 shares during the last quarter. Institutional investors and hedge funds own 84.36% of the company’s stock.

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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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