News coverage about Verso (NYSE:VRS) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Verso earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 45.5895559268372 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
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$0.03 EPS Expected for Verso Corp (VRS) This Quarter (americanbankingnews.com) Verso to upgrade Jay mill for specialty papermaking (mainebiz.biz) Verso Corporation Announces Date of its 2018 Annual Meeting of Stockholders (finance.yahoo.com) Verso Announces Strategic Investments in its Androscoggin Mill in Jay, Maine (finance.yahoo.com) Verso stands to gain $42M in deal OK’d by Department of Commerce (mainebiz.biz)
VRS has been the subject of several recent research reports. Zacks Investment Research raised Verso from a “sell” rating to a “hold” rating in a research note on Thursday, May 10th. B. Riley set a $26.00 price target on Verso and gave the company a “buy” rating in a research note on Thursday, May 10th. Finally, ValuEngine raised Verso from a “hold” rating to a “buy” rating in a research note on Wednesday, May 2nd.
Shares of VRS stock traded down $0.70 on Friday, hitting $21.15. The company had a trading volume of 140,462 shares, compared to its average volume of 246,639. The stock has a market cap of $752.82 million, a price-to-earnings ratio of -28.20 and a beta of 1.38. The company has a current ratio of 1.95, a quick ratio of 0.74 and a debt-to-equity ratio of 0.25. Verso has a twelve month low of $3.82 and a twelve month high of $22.69.
Verso (NYSE:VRS) last issued its quarterly earnings results on Wednesday, May 9th. The basic materials company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.57). Verso had a negative net margin of 0.44% and a negative return on equity of 0.74%. The company had revenue of $639.00 million during the quarter, compared to analyst estimates of $628.16 million. sell-side analysts forecast that Verso will post 0.98 earnings per share for the current year.
Verso Company Profile
Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated freesheet and coated groundwood, specialty, inkjet and digital, supercalendered, and uncoated freesheet papers; and northern bleached hardwood Kraft pulp to manufacture printing, writing, and specialty paper grades, as well as to manufacture tissue products.
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