This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

6 Paper Stocks With Upside

5. Rock-Tenn (RKT) is a manufacturer of packaging products, recycled paperboard, containerboard, bleached paperboard and merchandising displays. It operates through 95 facilities located across 27 states. Broadly, it has four segments: consumer packaging, corrugated packaging, merchandising displays, and specialty paperboard products.

Of the eight analysts covering the stock, 63% recommend a buy while 25% rate a hold. Analysts polled by Bloomberg foresee the stock gaining an average 14.5% to $77.6 in the upcoming 12 months.

For the second quarter of 2011 ending March 31, 2011, the company recorded 8.3% increase in net sales to $792.9 million as compared to the-year ago quarter. Meanwhile, adjusted earnings per diluted share increased 49% to $1.04 from 70 cents in the earlier period. Led by higher sales volumes (up 18,531 tons) and pricing (rising $59 per ton) in the consumer and corrugated packaging segments from the year-ago quarter, free cash flow expanded, thereby reducing net debt by $46 million. Besides, the company has also invested $32 million in its business.

The company recently declared a dividend of 20 cents per share for its Class A Common Stock, payable on May 23, 2011, and representing an annual dividend of 80 cents per share. Looking ahead to 2011, the company reaffirmed its EBITDA guidance of $530 to $540 million.
3 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
RKT $0.00 0.00%
FBR $8.43 -1.29%
GLT $20.43 2.51%
IP $41.77 -0.97%
SON $46.82 -0.57%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs