Domtar (NYSE:UFS) (TSE:UFS) is scheduled to be announcing its earnings results before the market opens on Thursday, August 1st. Analysts expect the company to announce earnings of $0.88 per share for the quarter.
Domtar (NYSE:UFS) (TSE:UFS) last announced its earnings results on Wednesday, May 1st. The basic materials company reported $1.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.36 by $0.08. The firm had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Domtar had a net margin of 5.63% and a return on equity of 12.88%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 EPS. On average, analysts expect Domtar to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of NYSE UFS traded down $0.01 during mid-day trading on Tuesday, hitting $41.97. 5,427 shares of the company’s stock traded hands, compared to its average volume of 576,310. The business has a 50-day moving average of $42.81. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.19 and a quick ratio of 1.11. The company has a market capitalization of $2.68 billion, a P/E ratio of 9.11 and a beta of 1.94. Domtar has a 1 year low of $33.81 and a 1 year high of $54.50.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 16th. Investors of record on Tuesday, July 2nd were given a $0.455 dividend. This is a positive change from Domtar’s previous quarterly dividend of $0.44. This represents a $1.82 dividend on an annualized basis and a yield of 4.34%. The ex-dividend date of this dividend was Monday, July 1st. Domtar’s dividend payout ratio is 39.48%.
A number of analysts recently weighed in on the stock. ValuEngine lowered shares of Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Bank of America lowered shares of Genesee & Wyoming from a “neutral” rating to an “underperform” rating and set a $88.65 price objective on the stock. in a research report on Tuesday, April 30th. DA Davidson raised shares of Domtar from a “neutral” rating to a “buy” rating in a research report on Thursday, May 2nd. Vertical Group lowered shares of Domtar from a “buy” rating to a “hold” rating in a research report on Tuesday, July 2nd. Finally, Stephens set a $53.00 price objective on shares of Domtar and gave the stock a “buy” rating in a research report on Friday, June 28th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $51.31.
Domtar Corporation designs, manufactures, markets, and distributes various communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company offers business papers, including copy and electronic imaging papers for use with inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.
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