Wall Street analysts expect Domtar Corp (NYSE:UFS) (TSE:UFS) to report sales of $1.43 billion for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Domtar’s earnings, with estimates ranging from $1.42 billion to $1.44 billion. Domtar posted sales of $1.34 billion during the same quarter last year, which would indicate a positive year over year growth rate of 6.7%. The company is scheduled to report its next earnings report on Thursday, February 14th.

On average, analysts expect that Domtar will report full year sales of $5.49 billion for the current fiscal year, with estimates ranging from $5.49 billion to $5.50 billion. For the next financial year, analysts anticipate that the firm will post sales of $5.56 billion, with estimates ranging from $5.49 billion to $5.63 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that follow Domtar.

Domtar (NYSE:UFS) (TSE:UFS) last announced its earnings results on Thursday, November 1st. The basic materials company reported $1.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.32. The firm had revenue of $1.37 billion during the quarter, compared to analyst estimates of $1.42 billion. Domtar had a positive return on equity of 9.13% and a negative net margin of 2.67%. The business’s revenue was up 6.0% compared to the same quarter last year. During the same period last year, the firm posted $1.03 EPS.

A number of analysts have commented on UFS shares. ValuEngine raised Domtar from a “strong sell” rating to a “sell” rating in a research report on Thursday. Citigroup dropped their target price on shares of Domtar from $52.00 to $38.00 and set a “neutral” rating for the company in a research report on Monday, January 7th. Zacks Investment Research downgraded shares of Domtar from a “buy” rating to a “hold” rating in a research report on Saturday, January 5th. National Bank Financial reissued a “sector perform” rating and issued a $48.00 target price on shares of Domtar in a research report on Monday, December 10th. Finally, Bank of America boosted their target price on shares of Domtar from $55.00 to $56.00 and gave the stock a “neutral” rating in a research report on Friday, November 2nd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $48.31.

UFS stock traded up $0.07 during trading on Friday, reaching $43.42. The stock had a trading volume of 26,691 shares, compared to its average volume of 1,247,525. Domtar has a 52 week low of $33.81 and a 52 week high of $54.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.34 and a current ratio of 2.37. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 16.56, a P/E/G ratio of 1.48 and a beta of 1.58.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Wednesday, January 2nd will be paid a $0.435 dividend. The ex-dividend date of this dividend is Monday, December 31st. This represents a $1.74 annualized dividend and a yield of 4.01%. Domtar’s dividend payout ratio is presently 66.92%.

Several institutional investors and hedge funds have recently made changes to their positions in the company. First Hawaiian Bank increased its stake in shares of Domtar by 65.2% during the 4th quarter. First Hawaiian Bank now owns 4,105 shares of the basic materials company’s stock worth $144,000 after purchasing an additional 1,620 shares during the last quarter. Retirement Systems of Alabama boosted its holdings in shares of Domtar by 0.3% during the 4th quarter. Retirement Systems of Alabama now owns 81,556 shares of the basic materials company’s stock worth $2,865,000 after buying an additional 277 shares during the period. Vanguard Group Inc boosted its holdings in shares of Domtar by 4.2% during the 3rd quarter. Vanguard Group Inc now owns 6,430,521 shares of the basic materials company’s stock worth $335,480,000 after buying an additional 257,488 shares during the period. Federated Investors Inc. PA boosted its holdings in shares of Domtar by 5.2% during the 3rd quarter. Federated Investors Inc. PA now owns 202,562 shares of the basic materials company’s stock worth $10,568,000 after buying an additional 10,086 shares during the period. Finally, Marshall Wace LLP bought a new stake in shares of Domtar during the 3rd quarter worth $8,105,000. Institutional investors own 89.86% of the company’s stock.

Domtar Company Profile

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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