Zacks: RR Donnelley & Sons Co (NYSE:RRD) Given Consensus Rating of “Strong Buy” by Analysts

Shares of RR Donnelley & Sons Co (NYSE:RRD) have received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a 1 year consensus price target of $8.00 for the company, according to Zacks. Zacks has also assigned RR Donnelley & Sons an industry rank of 111 out of 256 based on the ratings given to its competitors.

Separately, Zacks Investment Research upgraded DLH from a “sell” rating to a “hold” rating in a research report on Tuesday.

Hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its position in RR Donnelley & Sons by 22.6% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,053 shares of the business services provider’s stock valued at $48,000 after purchasing an additional 2,218 shares during the period. Bessemer Group Inc. raised its position in RR Donnelley & Sons by 2,112.9% during the fourth quarter. Bessemer Group Inc. now owns 14,871 shares of the business services provider’s stock valued at $58,000 after purchasing an additional 14,199 shares during the period. Magnus Financial Group LLC purchased a new stake in RR Donnelley & Sons during the fourth quarter valued at approximately $66,000. Municipal Employees Retirement System of Michigan purchased a new stake in RR Donnelley & Sons during the fourth quarter valued at approximately $78,000. Finally, Gotham Asset Management LLC purchased a new stake in RR Donnelley & Sons during the fourth quarter valued at approximately $79,000. Institutional investors and hedge funds own 86.91% of the company’s stock.

Shares of NYSE:RRD traded up $0.05 during mid-day trading on Friday, reaching $2.14. The stock had a trading volume of 750,168 shares, compared to its average volume of 1,425,083. The firm has a market cap of $147.97 million, a P/E ratio of 3.06 and a beta of 1.66. RR Donnelley & Sons has a 1 year low of $1.92 and a 1 year high of $6.76. The business has a 50 day moving average of $2.25.

RR Donnelley & Sons (NYSE:RRD) last posted its earnings results on Tuesday, April 30th. The business services provider reported ($0.06) EPS for the quarter. The firm had revenue of $1.52 billion during the quarter, compared to analysts’ expectations of $1.55 billion. RR Donnelley & Sons had a negative return on equity of 21.78% and a negative net margin of 0.15%. RR Donnelley & Sons’s quarterly revenue was down 10.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. As a group, equities analysts anticipate that RR Donnelley & Sons will post 0.66 EPS for the current fiscal year.

About RR Donnelley & Sons

R.R. Donnelley & Sons Company, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. It operates through Business Services and Marketing Solutions segments. The Business Services segment offers commercial printing products and branded materials, including manuals, publications, brochures, business cards, flyers, post cards, posters, and promotional items; and specialized transportation and distribution services.

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