Media coverage about Resolute Forest Products Common Stock (NYSE:RFP) (TSE:RFP) has trended somewhat positive recently, Accern Sentiment reports. The research group identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Resolute Forest Products Common Stock earned a news impact score of 0.01 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 47.0366230666607 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of RFP traded up $0.40 during midday trading on Friday, reaching $12.80. 438,238 shares of the stock were exchanged, compared to its average volume of 354,236. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.28 and a current ratio of 2.52. Resolute Forest Products Common Stock has a twelve month low of $4.55 and a twelve month high of $12.90. The stock has a market capitalization of $1.14 billion, a P/E ratio of 9.17 and a beta of 1.41.

Resolute Forest Products Common Stock (NYSE:RFP) (TSE:RFP) last posted its earnings results on Thursday, August 2nd. The basic materials company reported $0.71 EPS for the quarter, topping the Zacks’ consensus estimate of $0.67 by $0.04. The business had revenue of $976.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Resolute Forest Products Common Stock had a return on equity of 7.83% and a net margin of 3.28%. The business’s revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.03) earnings per share.

A number of analysts have recently commented on RFP shares. Scotiabank reiterated a “hold” rating and set a $12.00 target price on shares of Resolute Forest Products Common Stock in a research report on Friday, August 3rd. ValuEngine upgraded Resolute Forest Products Common Stock from a “hold” rating to a “buy” rating in a research report on Friday, May 4th. Royal Bank of Canada lifted their target price on Resolute Forest Products Common Stock from $10.00 to $12.00 and gave the stock a “sector perform” rating in a research report on Friday, August 3rd. TheStreet upgraded Resolute Forest Products Common Stock from a “c” rating to a “b-” rating in a research report on Friday, August 3rd. Finally, CIBC upgraded Resolute Forest Products Common Stock from a “neutral” rating to a “sector outperform” rating in a research report on Wednesday, July 11th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Resolute Forest Products Common Stock has an average rating of “Buy” and an average target price of $12.63.

Resolute Forest Products Common Stock Company Profile

Resolute Forest Products Inc operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates in five segments: Market Pulp, Tissue, Wood Products, Newsprint, and Specialty Papers. The Market Pulp segment offers market, recycled bleached Kraft, and bleached hardwood Kraft pulp used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.

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