Zacks: CSS Industries Inc (CSS) Given Average Rating of “Hold” by Brokerages

Shares of CSS Industries Inc (NYSE:CSS) have been given a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Analysts have set a 12-month consensus target price of $8.00 for the company and are expecting that the company will post ($0.92) EPS for the current quarter, according to Zacks. Zacks has also given CSS Industries an industry rank of 150 out of 256 based on the ratings given to related companies.

A number of research firms recently commented on CSS. ValuEngine lowered shares of CSS Industries from a “hold” rating to a “sell” rating in a research note on Monday, February 4th. Zacks Investment Research lowered shares of CSS Industries from a “hold” rating to a “sell” rating in a research note on Thursday, February 14th. Finally, DA Davidson lowered shares of CSS Industries from a “buy” rating to a “neutral” rating and set a $7.48 target price for the company. in a research note on Tuesday, February 12th.

CSS Industries stock opened at $4.75 on Wednesday. CSS Industries has a 52 week low of $4.38 and a 52 week high of $18.49.

Several large investors have recently modified their holdings of the business. Walthausen & Co. LLC boosted its stake in shares of CSS Industries by 23.0% during the 4th quarter. Walthausen & Co. LLC now owns 328,428 shares of the specialty retailer’s stock valued at $2,946,000 after buying an additional 61,400 shares during the period. Renaissance Technologies LLC boosted its stake in shares of CSS Industries by 6.8% during the 1st quarter. Renaissance Technologies LLC now owns 235,670 shares of the specialty retailer’s stock valued at $1,412,000 after buying an additional 14,970 shares during the period. BlackRock Inc. boosted its stake in shares of CSS Industries by 16.5% during the 4th quarter. BlackRock Inc. now owns 229,154 shares of the specialty retailer’s stock valued at $2,055,000 after buying an additional 32,497 shares during the period. Adirondack Research & Management Inc. boosted its stake in shares of CSS Industries by 5.4% during the 1st quarter. Adirondack Research & Management Inc. now owns 215,237 shares of the specialty retailer’s stock valued at $1,289,000 after buying an additional 11,023 shares during the period. Finally, Alambic Investment Management L.P. boosted its stake in shares of CSS Industries by 55.0% during the 1st quarter. Alambic Investment Management L.P. now owns 76,579 shares of the specialty retailer’s stock valued at $459,000 after buying an additional 27,164 shares during the period. 64.21% of the stock is owned by institutional investors.

About CSS Industries

CSS Industries, Inc, a consumer products company, designs, manufactures, procures, distributes, and sells seasonal, gift, and craft products principally to mass market retailers in the United States and Canada. Its craft and gift consumer products include craft ribbons and bows, trims, buttons, sewing patterns, knitting needles, needle arts, kids' crafts, infant products, journals, gift card holders, all occasion boxed greeting cards, memory books, scrapbooks, stationery, stickers, and other gift and craft items, as well as floral accessories, including pot covers, foil, waxed tissue, shred, aisle runners, corsage bags, and other paper and film products.

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