It Seems KapStone Paper and Packaging Corp. Will Go Up. Had Bullish Options Activity

 It Seems KapStone Paper and Packaging Corp. Will Go Up. Had Bullish Options Activity

In today’s session KapStone Paper and Packaging Corp. (KS) registered an unusually high (297) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious KS increase. With 297 contracts traded and 25174 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: KS161118C00020000 closed last at: $0.8 or 27.3% down. About 363,012 shares traded hands. KapStone Paper and Packaging Corp. (NYSE:KS) has risen 63.28% since March 4, 2016 and is uptrending. It has outperformed by 55.24% the S&P500.

Analysts await KapStone Paper and Packaging Corp. (NYSE:KS) to report earnings on October, 26. They expect $0.41 EPS, down 16.33% or $0.08 from last year’s $0.49 per share. KS’s profit will be $40.67 million for 11.25 P/E if the $0.41 EPS becomes a reality. After $0.26 actual EPS reported by KapStone Paper and Packaging Corp. for the previous quarter, Wall Street now forecasts 57.69% EPS growth.

KapStone Paper and Packaging Corp. (NYSE:KS) Ratings Coverage

Out of 12 analysts covering Kapstone Paper And Packaging Corp. (NYSE:KS), 7 rate it a “Buy”, 2 “Sell”, while 3 “Hold”. This means 58% are positive. $32 is the highest target while $15 is the lowest. The $18 average target is -2.44% below today’s ($18.45) stock price. Kapstone Paper And Packaging Corp. has been the topic of 24 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The rating was upgraded by Deutsche Bank on Friday, September 23 to “Buy”. The rating was maintained by Deutsche Bank on Sunday, August 30 with “Buy”. Barclays Capital maintained it with “Overweight” rating and $18 target price in Monday, May 2 report. The company was maintained on Wednesday, August 10 by Deutsche Bank. Macquarie Research downgraded the stock to “Underperform” rating in Monday, January 25 report. On Wednesday, April 6 the stock rating was initiated by Bank of America with “Underperform”. The stock of KapStone Paper and Packaging Corp. (NYSE:KS) earned “Buy” rating by Standpoint Research on Thursday, March 31. The stock of KapStone Paper and Packaging Corp. (NYSE:KS) has “Underperform” rating given on Friday, November 20 by Credit Suisse. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, September 22. The firm earned “Neutral” rating on Monday, September 19 by Dundee Securities.

According to Zacks Investment Research, “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.”

KapStone Paper and Packaging Corporation is engaged in the production of containerboard, corrugated products and specialty paper. The company has a market cap of $1.83 billion. The Firm operates through two divisions: Paper and Packaging, and Distribution. It has a 21.72 P/E ratio. The Firm operates approximately four paper mills.

KS Company Profile

KapStone Paper and Packaging Corporation, incorporated on April 15, 2005, is engaged in the production of containerboard, corrugated products and specialty paper. The Firm operates through two divisions: Paper and Packaging, and Distribution. The Firm operates over four paper mills, approximately three in the Southeastern region and one in the Pacific Northwest region of the United States. It produces approximately 2.7 million tons of containerboard and specialty paper at its mills in North Charleston, South Carolina; Roanoke Rapids, North Carolina; Cowpens, South Carolina, and Longview, Washington. Hardwood pulp is produced in North Charleston for the production of DuraSorb saturating kraft. It sells unbleached folding carton board under the Kraftpak trade name. The Firm operates over 20 corrugated products manufacturing plants, consists of approximately 10 box plants, six sheet plants and two sheet feeder plants. Box plants operate as combining activities that manufacture corrugated sheets and finished corrugated products. Sheet feeder plants have a corrugator machine and manufacture corrugated sheets, which are shipped to sheet or box plants. Sheet plants have various machines that convert corrugated sheets, purchased either from the Company’s activities or third parties, into finished corrugated products. Plants with a corrugating machine have total capacity of approximately 18 billion square feet (BSF).

More notable recent KapStone Paper and Packaging Corp. (NYSE:KS) news were published by: Prnewswire.com which released: “Consumer Goods Stocks Under Scanner — Fibria Celulose, KapStone Paper and …” on October 06, 2016, also Prnewswire.com with their article: “KapStone Paper And Packaging Announces Management Changes” published on September 21, 2016, Prnewswire.com published: “KapStone Paper And Packaging Corporation Announces Investments In Converting …” on September 07, 2016. More interesting news about KapStone Paper and Packaging Corp. (NYSE:KS) were released by: Zacks.com and their article: “Is KapStone Paper (KS) Stock a Solid Choice Right Now?” published on October 07, 2016 as well as Benzinga.com‘s news article titled: “Containerboard Prices Set To Increase; Deutsche Boosts Rating On KapStone …” with publication date: September 23, 2016.

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