CSS Industries (CSS) Earning Somewhat Positive Media Coverage, Analysis Finds

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News stories about CSS Industries (NYSE:CSS) have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. CSS Industries earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 47.5101307938511 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of CSS Industries traded down $0.14, reaching $14.36, on Friday, MarketBeat Ratings reports. 53,933 shares of the stock were exchanged, compared to its average volume of 40,473. CSS Industries has a one year low of $13.56 and a one year high of $30.29. The company has a current ratio of 3.52, a quick ratio of 1.60 and a debt-to-equity ratio of 0.17. The company has a market cap of $132.24 million, a PE ratio of 13.05, a price-to-earnings-growth ratio of 3.12 and a beta of 1.02.

CSS Industries (NYSE:CSS) last released its quarterly earnings data on Wednesday, August 1st. The specialty retailer reported ($1.31) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.63) by ($0.68). The company had revenue of $64.13 million for the quarter, compared to analyst estimates of $68.40 million. CSS Industries had a positive return on equity of 1.11% and a negative net margin of 12.69%. research analysts forecast that CSS Industries will post 0.44 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 14th. Shareholders of record on Friday, August 31st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 5.57%. The ex-dividend date of this dividend is Thursday, August 30th. CSS Industries’s dividend payout ratio (DPR) is currently 72.73%.

Several analysts recently commented on CSS shares. DA Davidson raised shares of CSS Industries from a “neutral” rating to a “buy” rating and set a $31.50 target price for the company in a report on Monday, June 4th. Zacks Investment Research downgraded shares of CSS Industries from a “hold” rating to a “strong sell” rating in a report on Wednesday, June 6th. ValuEngine downgraded shares of CSS Industries from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Finally, TheStreet downgraded shares of CSS Industries from a “c” rating to a “d+” rating in a report on Friday, June 1st.

In other news, CEO Christopher J. Munyan acquired 2,000 shares of CSS Industries stock in a transaction dated Monday, August 6th. The shares were bought at an average cost of $14.54 per share, with a total value of $29,080.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Over the last ninety days, insiders bought 4,747 shares of company stock worth $68,567. Insiders own 5.10% of the company’s stock.

About CSS Industries

CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, gift, and craft products principally to mass market retailers in the United States and Canada. Its craft and gift consumer products include craft ribbons and bows, trims, buttons, sewing patterns, knitting needles, needle arts, kids' crafts, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery, stickers, and other gift and craft items, as well as floral accessories, including pot covers, foil, waxed tissue, shred, aisle runners, corsage bags, and other paper and film products.

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Insider Buying and Selling by Quarter for CSS Industries (NYSE:CSS)

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