Somewhat Positive Press Coverage Somewhat Unlikely to Affect CSS Industries (CSS) Stock Price

Media stories about CSS Industries (NYSE:CSS) have trended somewhat positive recently, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. CSS Industries earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 47.5101307938511 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have impacted Accern Sentiment’s scoring:

NYSE CSS traded down $0.14 during mid-day trading on Friday, hitting $14.36. The stock had a trading volume of 53,933 shares, compared to its average volume of 40,473. CSS Industries has a 52-week low of $13.56 and a 52-week high of $30.29. The company has a market capitalization of $132.24 million, a P/E ratio of 13.05, a PEG ratio of 3.12 and a beta of 1.02. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.52 and a quick ratio of 1.60.

CSS Industries (NYSE:CSS) last released its quarterly earnings data on Wednesday, August 1st. The specialty retailer reported ($1.31) earnings per share for the quarter, missing the consensus estimate of ($0.63) by ($0.68). CSS Industries had a negative net margin of 12.69% and a positive return on equity of 1.11%. The firm had revenue of $64.13 million during the quarter, compared to analysts’ expectations of $68.40 million. research analysts expect that CSS Industries will post 0.44 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 14th. Investors of record on Friday, August 31st will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 5.57%. The ex-dividend date is Thursday, August 30th. CSS Industries’s payout ratio is currently 72.73%.

CSS has been the subject of several recent analyst reports. DA Davidson raised CSS Industries from a “neutral” rating to a “buy” rating and set a $31.50 price target for the company in a report on Monday, June 4th. Zacks Investment Research cut CSS Industries from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 6th. ValuEngine cut CSS Industries from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, TheStreet downgraded CSS Industries from a “c” rating to a “d+” rating in a research note on Friday, June 1st.

In other news, CEO Christopher J. Munyan acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, August 6th. The stock was purchased at an average cost of $14.54 per share, with a total value of $29,080.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Insiders purchased a total of 4,747 shares of company stock valued at $68,567 over the last ninety days. 5.10% of the stock is currently owned by company insiders.

CSS Industries Company Profile

CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, gift, and craft products principally to mass market retailers in the United States and Canada. Its craft and gift consumer products include craft ribbons and bows, trims, buttons, sewing patterns, knitting needles, needle arts, kids' crafts, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery, stickers, and other gift and craft items, as well as floral accessories, including pot covers, foil, waxed tissue, shred, aisle runners, corsage bags, and other paper and film products.

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