Press coverage about Domtar Corporation (NYSE:UFS) (TSE:UFS) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Domtar Corporation earned a news sentiment score of 0.04 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 46 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Domtar Corporation (NYSE:UFS) Announces Quarterly Earnings Results (americanbankingnews.com)
- Domtar Corporation (UFS) Earns Buy Rating from Vertical Research (americanbankingnews.com)
- Comparing Domtar Corporation (UFS) & Wausau Paper Corp. (WPP) (americanbankingnews.com)
- Domtar Corporation (NYSE:UFS) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Domtar Corporation (UFS) to Release Earnings on Friday (americanbankingnews.com)
UFS has been the subject of a number of research analyst reports. ValuEngine raised shares of Domtar Corporation from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Vertical Research reaffirmed a “buy” rating on shares of Domtar Corporation in a research report on Friday. BidaskClub raised shares of Domtar Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. TD Securities reissued a “hold” rating and issued a $42.00 target price on shares of Domtar Corporation in a research note on Friday, April 28th. Finally, Zacks Investment Research raised shares of Domtar Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, June 14th. Three equities research analysts have rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Domtar Corporation presently has a consensus rating of “Hold” and an average price target of $41.25.
Domtar Corporation (NYSE:UFS) traded up 2.18% during mid-day trading on Friday, hitting $39.33. 896,956 shares of the stock traded hands. The company has a 50 day moving average price of $38.04 and a 200-day moving average price of $38.49. Domtar Corporation has a one year low of $33.99 and a one year high of $44.58. The stock has a market capitalization of $2.46 billion, a PE ratio of 15.00 and a beta of 1.49.
Domtar Corporation (NYSE:UFS) (TSE:UFS) last issued its earnings results on Friday, July 28th. The basic materials company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.53 by $0.08. The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.31 billion. Domtar Corporation had a net margin of 2.82% and a return on equity of 6.50%. The business’s revenue was down 3.4% on a year-over-year basis. During the same quarter last year, the business earned $0.61 earnings per share. Equities analysts anticipate that Domtar Corporation will post $2.67 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Monday, July 3rd were issued a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 4.22%. The ex-dividend date was Thursday, June 29th. Domtar Corporation’s dividend payout ratio (DPR) is currently 63.36%.
In other news, insider Michael Dennis Garcia sold 15,628 shares of Domtar Corporation stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $38.80, for a total value of $606,366.40. Following the completion of the transaction, the insider now owns 3,290 shares of the company’s stock, valued at approximately $127,652. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Zygmunt Jablonski sold 3,134 shares of the business’s stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $39.53, for a total value of $123,887.02. Following the completion of the transaction, the senior vice president now directly owns 19,604 shares of the company’s stock, valued at approximately $774,946.12. The disclosure for this sale can be found here. In the last quarter, insiders sold 26,269 shares of company stock worth $1,027,531. 1.04% of the stock is currently owned by company insiders.
Domtar Corporation Company Profile
Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.
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