Zacks Investment Research upgraded shares of LSC Communications (NYSE:LKSD) from a strong sell rating to a hold rating in a research report sent to investors on Wednesday, Zacks.com reports.

According to Zacks, “LSC Communications, Inc. provides traditional and digital print, print-related services and office products which serves publishers, merchandisers and retailers. The Company’s service offering includes e-services, warehousing and fulfillment and supply chain management. LSC Communications, Inc. is based in Chicago, United States. “

LKSD has been the subject of a number of other reports. ValuEngine lowered shares of Zumiez from a hold rating to a sell rating in a report on Tuesday, July 2nd. Buckingham Research set a $10.00 price objective on shares of LSC Communications and gave the company a buy rating in a report on Tuesday, June 25th.

LSC Communications stock opened at $3.78 on Wednesday. The business has a 50 day moving average price of $4.63. The stock has a market cap of $126.67 million, a price-to-earnings ratio of 3.20 and a beta of 1.22. LSC Communications has a 12-month low of $3.46 and a 12-month high of $15.88. The company has a quick ratio of 0.84, a current ratio of 1.13 and a debt-to-equity ratio of 4.24.

LSC Communications (NYSE:LKSD) last released its earnings results on Tuesday, April 30th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.09) by ($0.07). The firm had revenue of $845.00 million during the quarter, compared to analysts’ expectations of $851.40 million. LSC Communications had a positive return on equity of 21.27% and a negative net margin of 3.69%. The company’s revenue was down 9.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.11 earnings per share. As a group, analysts predict that LSC Communications will post 1.25 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC grew its holdings in LSC Communications by 115.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 41,300 shares of the company’s stock valued at $152,000 after buying an additional 22,100 shares in the last quarter. Adams Asset Advisors LLC grew its holdings in LSC Communications by 16.2% during the 2nd quarter. Adams Asset Advisors LLC now owns 202,586 shares of the company’s stock valued at $743,000 after buying an additional 28,169 shares in the last quarter. Factorial Partners LLC grew its holdings in LSC Communications by 32.1% during the 1st quarter. Factorial Partners LLC now owns 37,000 shares of the company’s stock valued at $242,000 after buying an additional 9,000 shares in the last quarter. ARP Americas LP grew its holdings in LSC Communications by 332.7% during the 1st quarter. ARP Americas LP now owns 831,978 shares of the company’s stock valued at $5,433,000 after buying an additional 639,712 shares in the last quarter. Finally, Laurion Capital Management LP grew its holdings in LSC Communications by 48.3% during the 1st quarter. Laurion Capital Management LP now owns 43,837 shares of the company’s stock valued at $286,000 after buying an additional 14,282 shares in the last quarter. 83.00% of the stock is owned by institutional investors and hedge funds.

LSC Communications Company Profile

LSC Communications, Inc provides various traditional and digital print services, print-related services, and office products in the United States and internationally. It operates through Magazines, Catalogs and Logistics; Book; Office Products; and Other segments. The Magazines, Catalogs and Logistics segment produces magazines and catalogs, as well as provides logistics solutions to the company and other third parties.

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