Last $34.46 USD
Change Today -0.54 / -1.54%
Volume 561.1K
KS On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

kapstone paper and packaging (KS) Snapshot

Open
$34.94
Previous Close
$35.00
Day High
$35.17
Day Low
$34.29
52 Week High
02/23/15 - $35.88
52 Week Low
10/15/14 - $23.55
Market Cap
3.3B
Average Volume 10 Days
987.8K
EPS TTM
$1.89
Shares Outstanding
96.1M
EX-Date
12/26/14
P/E TM
18.2x
Dividend
$0.40
Dividend Yield
0.29%
Current Stock Chart for KAPSTONE PAPER AND PACKAGING (KS)

kapstone paper and packaging (KS) Related Businessweek News

No Related Businessweek News Found

kapstone paper and packaging (KS) Details

KapStone Paper and Packaging Corporation produces and sells containerboard, corrugated products, and specialty paper products in the United States and internationally. The company offers containerboards consisting of linerboard and corrugated medium to converters in the corrugated packaging industry, and to other converters for various uses, including laminated tier sheets and wrapping materials. Its specialty paper products include Kraft paper comprising multiwall paper used to produce bags for agricultural products, pet food, baking products, cement and chemicals, and grocery bags, as well as specialty conversion products, such as wrapping paper products, dunnage bags, and roll wraps; specialty paper; and lightweight paper. The company also offers specialty paper products comprising saturating kraft paper under the Durasorb trade name; and unbleached folding carton board under the Kraftpak trade name to integrated and independent converters in the folding carton industry. The company was founded in 2005 and is headquartered in Northbrook, Illinois.

4,700 Employees
Last Reported Date: 02/9/15
Founded in 2005

kapstone paper and packaging (KS) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $575.0K
President, Chief Operating Officer and Direct...
Total Annual Compensation: $575.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $367.0K
Vice President, General Manager and President...
Total Annual Compensation: $373.0K
Vice President, General Manager and President...
Total Annual Compensation: $176.6K
Compensation as of Fiscal Year 2013.

kapstone paper and packaging (KS) Key Developments

KapStone Paper and Packaging Corporation Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter and Full Year of 2015; Reports Production Results for the Fourth Quarter Ended December 31, 2014

KapStone Paper and Packaging Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net sales of $563,413,000 against $563,425,000 a year ago. Operating income was $62,338,000 against $73,806,000 a year ago. Income before provision for income taxes was $52,129,000 against $63,593,000 a year ago. Net income was $34,103,000 or $0.35 per diluted share against $43,474,000 or $0.45 per basic and diluted share a year ago. Non-GAAP EBITDA was $94,289,000 against $106,337,000 a year ago. Adjusted EBITDA was $102,006,000 against $109,967,000 a year ago. Adjusted net income was $39,988,000 against $43,585,000 a year ago. Adjusted diluted EPS was $0.41 against $0.45 per share a year ago. Net cash provided by operating activities was $107,149,000 against $129,811,000 a year ago. Capital expenditures were $24,865,000 against $41,209,000 a year ago. Adjusted free cash flow was $82 million, down $7 million over a year ago. Financial performance in the current quarter was down from 2013 mainly due to inflation on fiber and compensation costs, lower export containerboard prices and market downtime for saturating kraft and cycycled containerboard, partially offset by higher prices on kraft paper and productivity improvements.  In addition, work slowdowns at west coast ports reduced operating income by $3 million from lower sales and production volumes, operating inefficiencies, higher freight and distribution costs, and a less favorable product mix. The company sold 687,000 tons of paper during the fourth quarter of 2014 compared to 703,000 tons a year earlier. The company’s average mill selling price of $677 per ton in the fourth quarter of 2014 increased by $7 per ton compared to the fourth quarter of 2013 due to the combined impact of the 2014 kraft paper and 2013 containerboard price increases, partially offset by lower export containerboard prices and a weaker Euro.  Average mill selling prices decreased $12 per ton from the third quarter of 2014, reflecting the seasonally less favorable product mix and lower export containerboard prices. For the year, the company reported net sales of $2,300,920,000 against $1,748,162,000 a year ago. The increase was primarily due to the volume resulting from the Longview acquisition, higher prices and improved mix. Operating income was $299,931,000 against $219,888,000 a year ago. The increase was due to the full year of Longview results compared to 6 months in 2013, higher selling prices and productivity gains from recent strategic capital investments, partially offset by inflation on fiber and compensation costs and higher maintenance outage costs. Income before provision for income taxes was $260,601,000 against $194,990,000 a year ago. Net income was $171,915,000 or $1.76 per diluted share against $127,338,000 or $1.32 per diluted share a year ago. Non-GAAP EBITDA was $429,640,000 against $315,555,000 a year ago. Adjusted EBITDA was $455,583,000 against $332,996,000 a year ago. Adjusted net income was $189,458,000 against $137,764,000 a year ago. Adjusted diluted EPS was $1.94 against $1.42 per share a year ago. Net cash provided by operating activities was $313,198,000 against $298,694,000 a year ago. Capital expenditures were $137,232,000 against $634,945,000 a year ago. The company generated free cash flow of $176 million or $1.80 per share. For the year of 2015, the company expects CAPEX to be approximately $135 million, including about $50 million of strategic CapEx. Estimated effective income tax rate from operations was 35%. Planned maintenance expense should be approximately $5 million lower. Maintenance CapEx is expected to be somewhat higher in 2015. For the first quarter of 2015, the company expects CAPEX to be $30 million to $35 million, effective income tax rate from operations to be 35%.

KapStone Paper and Packaging Corporation to Report Q4, 2014 Results on Feb 09, 2015

KapStone Paper and Packaging Corporation announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Feb 09, 2015

KapStone Paper and Packaging Corporation, Q4 2014 Earnings Call, Feb 10, 2015

KapStone Paper and Packaging Corporation, Q4 2014 Earnings Call, Feb 10, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
KS:US $34.46 USD -0.54

KS Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Clearwater Paper Corp $61.06 USD -0.69
Metsa Board OYJ €5.85 EUR +0.15
PH Glatfelter Co $24.50 USD -0.44
Portucel SA €3.95 EUR +0.055
View Industry Companies
 

Industry Analysis

KS

Industry Average

Valuation KS Industry Range
Price/Earnings 19.5x
Price/Sales 1.4x
Price/Book 4.3x
Price/Cash Flow 10.7x
TEV/Sales 1.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact KAPSTONE PAPER AND PACKAGING, please visit www.kapstonepaper.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.