Media stories about Domtar (NYSE:UFS) (TSE:UFS) have trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Domtar earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 47.4578452143749 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of NYSE UFS traded down $0.55 during mid-day trading on Friday, hitting $50.90. 446,800 shares of the stock traded hands, compared to its average volume of 656,787. The company has a quick ratio of 1.31, a current ratio of 2.31 and a debt-to-equity ratio of 0.45. Domtar has a twelve month low of $39.18 and a twelve month high of $52.58. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 2.69 and a beta of 1.64.
Domtar (NYSE:UFS) (TSE:UFS) last released its quarterly earnings data on Wednesday, August 1st. The basic materials company reported $0.65 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.12). The firm had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. Domtar had a negative net margin of 3.25% and a positive return on equity of 7.79%. The company’s revenue was up 10.5% compared to the same quarter last year. During the same period last year, the business earned $0.61 EPS. research analysts anticipate that Domtar will post 3.86 earnings per share for the current fiscal year.
Several equities analysts have recently issued reports on UFS shares. TheStreet upgraded Domtar from a “c+” rating to a “b-” rating in a research note on Monday, July 30th. Zacks Investment Research lowered Domtar from a “buy” rating to a “hold” rating in a research note on Tuesday, August 21st. BMO Capital Markets lifted their price target on Domtar from $47.00 to $52.00 and gave the company a “market perform” rating in a research note on Monday, August 13th. Royal Bank of Canada lifted their price target on Domtar from $52.00 to $54.00 and gave the company an “outperform” rating in a research note on Thursday, August 2nd. Finally, National Bank Financial lifted their price target on Domtar from $45.00 to $48.00 and gave the company a “sector perform” rating in a research note on Monday, July 30th. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. Domtar has an average rating of “Hold” and an average price target of $45.33.
Domtar Company Profile
Domtar Corporation designs, manufactures, markets, and distributes various communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company offers business papers, including copy and electronic imaging papers for use with inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.
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