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KS $34.95

KS target price
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KapStone Paper and Packaging
Type
Public
Traded as NYSE: KS
S&P 600 Component
Industry Pulp and Paper
Founded April 2005
Headquarters Northbrook, Illinois, United States
Key people
Roger W. Stone Chairman & CEO, Matt Kaplan Chief Operating Officer
Products Kraft paper, containerboard, Corrugated box, lumber
Revenue US$ 2,301 million (2014)
Operating income
US$ 299.9 million (2014)
Net income
US$ 171.9 million (2014)
Number of employees
6,200
Website www.kapstonepaper.com

KapStone Paper and Packaging is an American pulp and paper company based in Northbrook, Illinois.

The company has kraft paper manufacturing facilities in Roanoke Rapids, NC, Cowpens, SC, North Charleston, SC and Longview, WA, a lumber mill in Summerville, SC, 21 corrugated box and corrugated fiberboard plants and 65 packaging distribution centers. It has approximately 6,200 employees.

The firm was originally started as a special-purpose acquisition company in 2005. It became an ongoing business concern when it acquired the Roanoke Rapids kraft paper mill from International Paper in January 2007. In July 2008, it acquired the Charleston kraft paper mill from MeadWestvaco.

In 2010, the firm was ranked 5th in Fortune Magazine's list of 100 Fastest-Growing Companies. In 2011 it made the list again, ranked 20th fastest-growing. In October 2011, KapStone was ranked #10 on Forbes list on 100 Best Small Companies.

On October 31, 2011 KapStone acquired U.S.Corrugated, Inc.

On July 18, 2013 KapStone acquired Longview Fibre Paper and Packaging from Brookfield Asset Management.

On June 1, 2015 KapStone acquired Victory Packaging, headquartered in Houston, TX.

On August 27, 2015 members of the Association of Western Pulp and Paper Workers at KapStone's Longview paper mill went on strike for 10 days over stalled contract negotiations.

The are several subsidiaries operating in specific fields or in specific countries: KapStone Kraft Paper Corporation, KapStone Charleston Kraft LLC, KapStone Container Corporation, KapStone Europe SPRL, KapStone Asia Limited.

KapStone produces sack paper, containerboard, saturating Kraft products, Corrugated fiberboard sheets and boxes, and construction lumber. The company’s paper brands include Kraftpak®, DuraSorb®, TEA-Kraft®, FibreLok®, FibreShield® and FibreGreen®.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2018 2018-10-23 0.78 0.72

Ratings

2016-05-18 Reiterated Rating Deutsche Bank Hold
2016-05-18 Reiterated Rating Deutsche Bank AG Hold
2016-05-02 Boost Price Target Barclays Overweight $16.00 to $18.00
2016-05-02 Boost Price Target Barclays PLC Overweight $16.00 to $18.00
2016-04-20 Downgrade Dundee Securities Buy to Neutral
2016-04-06 Initiated Coverage Bank of America Underperform $12.00
2016-04-06 Initiated Coverage Bank of America Corp. Underperform $12.00
2016-03-31 Initiated Coverage Standpoint Research Buy $18.00
2016-02-17 Lower Price Target Barclays Overweight $26.00 to $16.00
2016-02-11 Reiterated Rating BMO Capital Markets Market Perform $21.00 to $16.00
2016-02-11 Lower Price Target RBC Capital Outperform $23.00 to $19.00
2016-02-11 Lower Price Target Royal Bank Of Canada Outperform $23.00 to $19.00
2016-02-10 Downgrade Deutsche Bank Buy to Hold $22.00 to $14.00
2016-01-27 Upgrade Dundee Securities Neutral to Buy $22.00 to $17.00
2016-01-27 Lower Price Target BMO Capital Markets Market Perform $25.00 to $21.00
2016-01-25 Downgrade Macquarie Neutral to Underperform
2016-01-06 Downgrade Dundee Securities Buy to Neutral
2015-12-02 Reiterated Rating Deutsche Bank Buy $32.00
2015-11-10 Initiated Coverage Macquarie Neutral $23.00
2015-11-01 Reiterated Rating Deutsche Bank Buy
2015-10-30 Reiterated Rating RBC Capital Outperform $27.00
2015-10-21 Lower Price Target RBC Capital $31.00 to $27.00
2015-09-17 Reiterated Rating Deutsche Bank Buy $32.00
2015-09-10 Initiated Coverage Wells Fargo & Co. Outperform
2015-09-10 Initiated Coverage Wells Fargo Outperform
2015-08-30 Reiterated Rating Deutsche Bank Buy $32.00
2015-08-26 Lower Price Target Dundee Securities Buy $28.00 to $24.00
2015-08-03 Lower Price Target Barclays Overweight $35.00 to $32.00
2015-07-20 Lower Price Target Deutsche Bank $34.00 to $32.00
2015-07-20 Lower Price Target BMO Capital Markets Market Perform $27.00
2015-06-29 Lower Price Target Dundee Securities Buy $32.00 to $28.00
2015-06-22 Downgrade Macquarie Outperform to Neutral $31.00 to $26.00
2015-06-08 Initiated Coverage Barclays Overweight $35.00
2015-05-15 Lower Price Target Deutsche Bank Buy $38.00 to $34.00
2015-05-06 Lower Price Target BMO Capital Markets Market Perform $29.00 to $28.00
2015-05-06 Lower Price Target RBC Capital Outperform $38.00 to $36.00
2015-04-20 Downgrade Dundee Securities Buy to Neutral
2015-02-26 Boost Price Target Barclays Overweight $37.00 to $41.00
2015-01-26 Initiated Coverage RBC Capital Outperform $36.00
2015-01-20 Boost Price Target Barclays Overweight $35.00 to $37.00
2014-12-12 Downgrade Vertical Research Hold
2014-10-20 Initiated Coverage Dundee Securities Buy $31.50
2014-10-13 Reiterated Rating Barclays Overweight $37.00 to $35.00
2014-10-09 Upgrade Vertical Research Buy
2014-09-29 Downgrade KeyBanc Buy to Hold $35.00
2014-09-29 Downgrade KeyCorp Buy to Hold $35.00
2014-09-04 Initiated Coverage BMO Capital Markets Market Perform $31.00
2014-08-18 Upgrade Deutsche Bank Hold to Buy $26.00 to $36.00
2014-07-31 Downgrade Vertical Research Hold
2014-06-11 Boost Price Target KeyBanc Buy $30.00 to $35.00
2014-05-05 Lower Price Target Barclays $35.00 to $34.00
2014-05-02 Lower Price Target KeyBanc $37.00 to $30.00
2014-03-31 Initiated Coverage Barclays Overweight $35.00
2014-02-24 Upgrade Ned Davis Research Neutral to Buy
2013-11-18 Downgrade BMO Capital Markets Outperform to Market Perform $56.00 to $58.00
2013-11-01 Boost Price Target KeyBanc Buy $52.00 to $59.00
2013-11-01 Boost Price Target DA Davidson Buy $52.00 to $64.00
2013-11-01 Boost Price Target Deutsche Bank Hold $44.00 to $48.00
2013-10-31 Reiterated Rating BMO Capital Markets Outperform $52.00 to $56.00
2013-06-12 Reiterated BMO Capital Markets Outperform $38 to $46
2013-06-12 Downgrade Deutsche Bank Buy to Hold $31 to $38
2012-03-26 Initiated BMO Capital Markets Outperform $25.50
2011-02-16 Reiterated Deutsche Bank Hold $16 to $18
2016-05-18 Reiterated Rating Deutsche Bank Hold
2016-05-18 Reiterated Rating Deutsche Bank AG Hold
2016-05-02 Boost Price Target Barclays Overweight $16.00 to $18.00
2016-05-02 Boost Price Target Barclays PLC Overweight $16.00 to $18.00
2016-04-20 Downgrade Dundee Securities Buy to Neutral

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
STONE ROGER W Chairman and CEO 3.50%  (3353419) KS / MCD /
KAPLAN MATTHEW S President 3.01%  (2890273) KS /
Furer Jonathan R 0.83%  (796265) KS /
Chapman John 0.46%  (441828) KS /
Keneally Timothy P VP and General Manager 0.16%  (149737) KS /
Tarbox Andrea K VP and CFO 0.15%  (142259) KS /
GIDWITZ RONALD J 0.11%  (101277) KS /
STEWART S JAY 0.08%  (73064) KS /
Nebel Randy J. Vice President/General Manager 0.07%  (64441) KS /
GAMACHE BRIAN R 0.05%  (49713) KS / MFS / WMS /
STORCH DAVID P 0.05%  (45127) AIR / KMPR / KS /
PAULL MATTHEW H 0.05%  (43265) APD / BBY / CMG / CP / KS / WMS /
Niehus Mark A. VP and Corporate Controller 0.04%  (42522) KS /
BAHASH ROBERT J 0.03%  (31653) KS / WMS /
Kessinger Wilbur G JR VP and General Manager 0.03%  (29075) KS /
CHOLMONDELEY PAULA H 0.03%  (28780) AIN / KS / MTX / OZRK / TEX / XRAY /
Meyers Antionette VP Cntbd Krft Papr Sales Mktg 0.02%  (23617) KS /
Ortiz Patrick W VP and General Manager 0.02%  (22286) KS /
Gabriel David G. 0.02%  (22161) KS /
Reznik Maurice S 0.02%  (20253) KS / MOV /
Davisson Timothy P. VP, Secy & Gen Counsel 0.02%  (16982) KS /
Murphy Michael John Vice President - Finance 0.02%  (16035) KS /
Ingraham Kathryn D. VP, Secy & Gen Counsel 0.02%  (14758) KS /