Equities research analysts expect Bemis Company, Inc. (NYSE:BMS) to announce earnings of $0.66 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Bemis’ earnings, with estimates ranging from $0.62 to $0.72. Bemis posted earnings per share of $0.63 in the same quarter last year, which suggests a positive year over year growth rate of 4.8%. The company is scheduled to announce its next quarterly earnings report on Thursday, April 25th.

On average, analysts expect that Bemis will report full year earnings of $2.99 per share for the current year, with EPS estimates ranging from $2.90 to $3.05. For the next year, analysts anticipate that the company will post earnings of $3.11 per share, with EPS estimates ranging from $2.90 to $3.20. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Bemis.

Bemis (NYSE:BMS) last posted its quarterly earnings data on Thursday, January 31st. The industrial products company reported $0.71 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.71. The firm had revenue of $1 billion for the quarter, compared to the consensus estimate of $980.04 million. Bemis had a return on equity of 21.20% and a net margin of 5.27%.

Several research firms recently commented on BMS. Zacks Investment Research cut Bemis from a “buy” rating to a “hold” rating in a research note on Wednesday, April 10th. BMO Capital Markets cut Bemis from an “outperform” rating to a “market perform” rating in a research note on Sunday, April 7th. ValuEngine raised Bemis from a “hold” rating to a “buy” rating in a research note on Wednesday, February 13th. Barclays reissued a “buy” rating on shares of Bemis in a research note on Tuesday, January 29th. Finally, Citigroup boosted their target price on Bemis from $47.00 to $48.00 and gave the stock a “neutral” rating in a research note on Monday, January 7th. Eight research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. Bemis currently has an average rating of “Hold” and an average price target of $52.71.

BMS traded down $0.51 on Wednesday, hitting $56.42. 2,240 shares of the company were exchanged, compared to its average volume of 793,827. Bemis has a twelve month low of $40.86 and a twelve month high of $56.97. The stock has a market capitalization of $5.12 billion, a price-to-earnings ratio of 20.24, a PEG ratio of 2.56 and a beta of 0.90. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.76 and a quick ratio of 0.88.

Large investors have recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System boosted its position in shares of Bemis by 0.8% in the 1st quarter. Louisiana State Employees Retirement System now owns 24,400 shares of the industrial products company’s stock valued at $1,354,000 after purchasing an additional 200 shares during the period. Coastline Trust Co boosted its position in shares of Bemis by 0.5% in the 4th quarter. Coastline Trust Co now owns 45,010 shares of the industrial products company’s stock valued at $2,066,000 after purchasing an additional 220 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Bemis by 7.2% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,099 shares of the industrial products company’s stock valued at $280,000 after purchasing an additional 411 shares during the period. American International Group Inc. boosted its position in shares of Bemis by 0.3% in the 4th quarter. American International Group Inc. now owns 185,511 shares of the industrial products company’s stock valued at $8,515,000 after purchasing an additional 504 shares during the period. Finally, Riverview Trust Co acquired a new stake in shares of Bemis in the 4th quarter valued at about $27,000. 73.28% of the stock is owned by institutional investors and hedge funds.

Bemis Company Profile

Bemis Company, Inc manufactures and sells packaging products in the United States, Brazil, other Americas, Europe, and the Asia-Pacific. It operates through three segments: U.S. Packaging, Latin America Packaging, and Rest of World Packaging. The company offers multilayer polymer, blown, and cast film structures; and injection molded and thermoformed plastic packaging products.

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