Domtar (NYSE:UFS) (TSE:UFS) was downgraded by research analysts at TheStreet from an “a-” rating to a “c+” rating in a research report issued to clients and investors on Friday.

A number of other analysts also recently weighed in on the company. Zacks Investment Research upgraded Domtar from a “hold” rating to a “buy” rating and set a $56.00 price target for the company in a report on Wednesday, December 27th. KeyCorp set a $33.00 price target on Domtar and gave the stock a “sell” rating in a report on Thursday, October 12th. Scotiabank set a $41.00 price target on Domtar and gave the stock a “sector perform” rating in a report on Monday, October 30th. Royal Bank of Canada downgraded Domtar from an “outperform” rating to a “sector perform” rating and set a $50.00 price target for the company. in a report on Friday, January 12th. They noted that the move was a valuation call. Finally, Stephens set a $53.00 price target on Domtar and gave the stock a “hold” rating in a report on Wednesday, January 10th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the stock. Domtar presently has an average rating of “Hold” and a consensus price target of $44.33.

Shares of Domtar (NYSE:UFS) opened at $42.61 on Friday. The company has a current ratio of 2.24, a quick ratio of 1.22 and a debt-to-equity ratio of 0.45. Domtar has a 1-year low of $35.47 and a 1-year high of $52.58. The firm has a market capitalization of $2,725.30, a PE ratio of -12.61, a price-to-earnings-growth ratio of 2.88 and a beta of 1.56.

Domtar (NYSE:UFS) (TSE:UFS) last issued its quarterly earnings results on Thursday, February 8th. The basic materials company reported $0.64 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.69 by ($0.05). Domtar had a positive return on equity of 6.00% and a negative net margin of 4.11%. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. During the same quarter in the previous year, the business posted $0.75 earnings per share. The business’s revenue was up 4.9% on a year-over-year basis. sell-side analysts predict that Domtar will post 3.01 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the company. American International Group Inc. grew its stake in shares of Domtar by 1.3% in the 4th quarter. American International Group Inc. now owns 129,709 shares of the basic materials company’s stock valued at $6,423,000 after buying an additional 1,665 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Domtar by 293.9% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 110,300 shares of the basic materials company’s stock valued at $5,462,000 after buying an additional 82,300 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Domtar by 1,493.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,187 shares of the basic materials company’s stock valued at $199,000 after buying an additional 2,987 shares during the period. UBS Asset Management Americas Inc. grew its stake in shares of Domtar by 62.8% in the 4th quarter. UBS Asset Management Americas Inc. now owns 123,200 shares of the basic materials company’s stock valued at $6,101,000 after buying an additional 47,510 shares during the period. Finally, BlackRock Inc. grew its stake in shares of Domtar by 1.4% in the 4th quarter. BlackRock Inc. now owns 9,586,518 shares of the basic materials company’s stock valued at $474,726,000 after buying an additional 129,636 shares during the period. Institutional investors own 90.59% of the company’s stock.

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About Domtar

Domtar Corporation designs, manufactures, markets and distributes a range of fiber-based products, including communication papers, specialty and packaging papers and absorbent hygiene products. The Company segments include Pulp and Paper and Personal Care. The Pulp and Paper segment consists of the design, manufacturing, marketing and distribution of communication, specialty and packaging papers, as well as softwood, fluff and hardwood market pulp.

Analyst Recommendations for Domtar (NYSE:UFS)

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