News stories about Domtar Corporation (NYSE:UFS) (TSE:UFS) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Domtar Corporation earned a coverage optimism score of 0.25 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 45.9321541898315 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Domtar Corporation (UFS) opened at 43.32 on Wednesday. Domtar Corporation has a one year low of $33.99 and a one year high of $44.72. The stock has a 50 day moving average of $41.81 and a 200-day moving average of $38.84. The stock has a market cap of $2.71 billion, a P/E ratio of 16.52 and a beta of 1.49.
Domtar Corporation (NYSE:UFS) (TSE:UFS) last posted its quarterly earnings data on Friday, July 28th. The basic materials company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.08. The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.31 billion. Domtar Corporation had a net margin of 3.23% and a return on equity of 6.47%. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.61 earnings per share. Analysts anticipate that Domtar Corporation will post $2.54 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Investors of record on Monday, October 2nd will be issued a $0.415 dividend. This represents a $1.66 annualized dividend and a yield of 3.83%. The ex-dividend date is Friday, September 29th. Domtar Corporation’s payout ratio is currently 63.36%.
A number of brokerages have commented on UFS. BidaskClub downgraded shares of Domtar Corporation from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Scotiabank cut their price objective on shares of Domtar Corporation from $40.50 to $40.00 and set a “sector perform” rating for the company in a research report on Monday, July 31st. ValuEngine downgraded shares of Domtar Corporation from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Zacks Investment Research downgraded shares of Domtar Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. Finally, Vertical Research reiterated a “buy” rating on shares of Domtar Corporation in a report on Friday, July 28th. Three equities research analysts have rated the stock with a sell rating, four have issued a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. Domtar Corporation has a consensus rating of “Hold” and a consensus price target of $42.25.
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In related news, VP Daniel Buron sold 4,900 shares of the company’s stock in a transaction dated Monday, August 21st. The shares were sold at an average price of $40.10, for a total value of $196,490.00. Following the completion of the sale, the vice president now owns 15,126 shares of the company’s stock, valued at $606,552.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael Dennis Garcia sold 4,712 shares of the company’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $42.73, for a total transaction of $201,343.76. Following the completion of the sale, the insider now directly owns 4,712 shares of the company’s stock, valued at approximately $201,343.76. The disclosure for this sale can be found here. Insiders sold 13,766 shares of company stock valued at $569,809 in the last ninety days. Corporate insiders own 1.04% of the company’s stock.
About Domtar Corporation
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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