CSS Industries Inc. (CSS) Upgraded by TheStreet to Buy
Shares of CSS Industries (NYSE:CSS) traded up 1.65% during trading on Monday, reaching $27.16. The company’s stock had a trading volume of 75,125 shares. The company has a market cap of $246.53 million, a PE ratio of 19.25 and a beta of 0.94. CSS Industries has a 52 week low of $23.84 and a 52 week high of $29.90. The stock’s 50 day moving average price is $25.45 and its 200 day moving average price is $26.22.
CSS Industries (NYSE:CSS) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.27 by $0.50. CSS Industries had a net margin of 4.15% and a return on equity of 4.98%. Equities research analysts predict that CSS Industries will post $1.97 EPS for the current year.
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The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 15th. Investors of record on Thursday, December 1st will be given a $0.20 dividend. The ex-dividend date is Tuesday, November 29th. This represents a $0.80 annualized dividend and a dividend yield of 2.95%. CSS Industries’s dividend payout ratio is presently 56.74%.
In related news, EVP Vincent A. Paccapaniccia sold 5,466 shares of the business’s stock in a transaction that occurred on Wednesday, September 14th. The stock was sold at an average price of $25.32, for a total value of $138,399.12. Following the completion of the transaction, the executive vice president now directly owns 26,917 shares in the company, valued at approximately $681,538.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Vincent A. Paccapaniccia sold 2,427 shares of the business’s stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $25.05, for a total value of $60,796.35. Following the completion of the transaction, the executive vice president now owns 22,334 shares of the company’s stock, valued at $559,466.70. The disclosure for this sale can be found here. 7.80% of the stock is owned by corporate insiders.
About CSS Industries
CSS Industries, Inc is a consumer products company, which is engaged in the design, manufacture, procurement, distribution and sale of non-durable all occasion and seasonal social expression products, principally to mass market retailers in the United States and Canada. The Company’s occasion and seasonal products include classroom exchange Valentines, infant products, journals, buttons, gift wrap, floral accessories, craft and educational products, Easter egg dyes and novelties, memory books, scrapbooks, stickers, stationery and other items.
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