KapStone Paper and Packaging Corporations in-depth stock price analysis indicates that the stock price has rallied 9.17% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 33.86% . Looking at the past 52 week period, the stock price is up at 144.86% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of KapStone Paper and Packaging Corporation has a positive value of 59.21 compared to overall market. KapStone Paper and Packaging Corporation (NYSE:KS) has tumbled 6.59% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 2.08% in the last four weeks. The stocks have underperformed the S&P 500 by 7.35% during the past week but KapStone Paper and Packaging Corporation (NYSE:KS) it has outperformed the index in 4 weeks by 0.25%.
KapStone Paper and Packaging Corporation (NYSE:KS) : On Friday heightened volatility was witnessed in KapStone Paper and Packaging Corporation (NYSE:KS) which led to swings in the share price. The stock opened for trading at $22.83 and hit $23.56 on the upside , eventually ending the session at $23.09, with a gain of 1.58% or 0.36 points. The heightened volatility saw the trading volume jump to 1,412,768 shares. The 52-week high of the share price is $24.98 and the company has a market cap of $2,231 million. The 52-week low of the share price is at $8.95 .
KapStone Paper and Packaging Corp. Last issued its quarterly earnings results on Nov 1, 2016. The company reported $0.37 EPS for the quarter, missing the analyst consensus estimate by $ -0.02. Analyst had a consensus of $0.39. The company had revenue of $776.64 million for the quarter, compared to analysts expectations of $805.93 million. The companys revenue was down -3.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.51 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by Barclays on Feb 6, 2017 to Equal Weight, Raises Price Target to $ 24 from a previous price target of $22 .KapStone Paper and Packaging Corp. was Downgraded by Wells Fargo to Market Perform on Nov 21, 2016.
Company has reported several Insider transactions to the SEC, on Aug 8, 2016, Jonathan R Furer (director) sold 25,000 shares at 15.09 per share price.On May 17, 2016, Maurice S Reznik (director) purchased 10,000 shares at 14.68 per share price.On Feb 26, 2016, Robert J Bahash (director) purchased 20,000 shares at 9.22 per share price.
KAPSTONE PAPER & PACKAGING CORPORATION was formed to effect a business combination with a suitable operating business in the paper, packaging, forest products and related industries. Headquartered in Northbrook, IL, KapStone Paper and Packaging Corporation is a leading North American producer of kraft paper and inflatable dunnage bags. The Company is the parent corporation of KapStone Kraft Paper Corporation which includes a paper mill in Roanoke Rapids, NC, and RideRite, an inflatable dunnage bag manufacturer in Fordyce, AR.