Could CSS Industries, Inc. (CSS) Change Direction After Touching 52-Week Low?

April 23, 2018 - By Winifred Garcia

CSS Industries, Inc. (NYSE:CSS) Logo

Investors sentiment increased to 1.52 in Q4 2017. Its up 0.37, from 1.15 in 2017Q3. It is positive, as 8 investors sold CSS Industries, Inc. shares while 19 reduced holdings. 16 funds opened positions while 25 raised stakes. 7.33 million shares or 1.54% less from 7.45 million shares in 2017Q3 were reported.
Ameritas Inv Prtnrs invested in 0% or 772 shares. California Employees Retirement System has 23,688 shares. Invesco has 30,636 shares for 0% of their portfolio. Jpmorgan Chase And stated it has 0% of its portfolio in CSS Industries, Inc. (NYSE:CSS). Vanguard Gp stated it has 0% of its portfolio in CSS Industries, Inc. (NYSE:CSS). Euclidean Technology Mgmt Llc has 65,883 shares. Dimensional Fund Advsr L P reported 770,251 shares stake. Legal And General Group Public Limited Com invested 0% of its portfolio in CSS Industries, Inc. (NYSE:CSS). Meeder Asset Management accumulated 275 shares. Rhumbline Advisers accumulated 12,152 shares. Brandes Prns L P owns 108,543 shares. The New York-based Hutchin Hill Cap L P has invested 0.06% in CSS Industries, Inc. (NYSE:CSS). First Quadrant Limited Partnership Ca holds 0% or 7,615 shares in its portfolio. Brown Brothers Harriman & Co accumulated 9,514 shares or 0% of the stock. Pnc Fin Ser owns 3,538 shares.

Since February 12, 2018, it had 1 insider buy, and 0 sales for $421,017 activity.

The stock of CSS Industries, Inc. (NYSE:CSS) hit a new 52-week low and has $16.26 target or 4.00 % below today’s $16.94 share price. The 9 months bearish chart indicates high risk for the $154.49M company. The 1-year low was reported on Apr, 23 by Barchart.com. If the $16.26 price target is reached, the company will be worth $6.18 million less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 4.08% or $0.72 during the last trading session, reaching $16.94. About 27,589 shares traded. CSS Industries, Inc. (NYSE:CSS) has declined 29.94% since April 23, 2017 and is downtrending. It has underperformed by 41.49% the S&P500.

Analysts await CSS Industries, Inc. (NYSE:CSS) to report earnings on June, 6. They expect $-0.56 earnings per share, down 166.67 % or $0.35 from last year’s $-0.21 per share. After $1.52 actual earnings per share reported by CSS Industries, Inc. for the previous quarter, Wall Street now forecasts -136.84 % negative EPS growth.

CSS Industries, Inc., a consumer products company, designs, makes, procures, distributes, and sells seasonal, celebrations, and craft social expression products principally to mass market retailers in the United States and Canada. The company has market cap of $154.49 million. The Company’s craft and celebrations consumer products include craft ribbon and buttons, sewing patterns, infant products, journals, all occasion boxed greeting cards, gift card holders, gift bags, gift wrap, floral accessories, memory books, scrapbooks, stationery, stickers, and other gift and craft items. It currently has negative earnings. The company??s seasonal consumer products comprise Christmas products, such as packaging ribbon and bows, boxed greeting cards, gift tags, gift card holders, gift bags, gift wraps, tissue papers, and decorations; Valentine products consisting of classroom exchange Valentine cards and other related Valentine products; Easter product, including Easter egg dyes and related Easter seasonal products; and back-to-school products, such as teachers?? aids and other learning oriented products.

CSS Industries, Inc. (NYSE:CSS) Institutional Positions Chart

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