Media stories about NewMarket Corporation (NYSE:NEU) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. NewMarket Corporation earned a daily sentiment score of 0.20 on Accern’s scale. Accern also assigned press coverage about the specialty chemicals company an impact score of 46.3523983079667 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- NewMarket Corporation Schedules Conference Call and Webcast to Review Third Quarter 2017 Financial Results (finance.yahoo.com)
- NewMarket Corp. : NEU-US: Dividend Analysis : September 15th, 2017 (record date) : By the numbers : October 3, 2017 (finance.yahoo.com)
- NewMarket Corp. breached its 50 day moving average in a Bullish Manner : NEU-US : October 4, 2017 (finance.yahoo.com)
- CSW Industrials (CSWI) & NewMarket Corporation (NEU) Critical Comparison (americanbankingnews.com)
- Comparing NewMarket Corporation (NEU) & Its Competitors (americanbankingnews.com)
Separately, BidaskClub cut shares of NewMarket Corporation from a “buy” rating to a “hold” rating in a report on Saturday, June 24th.
NewMarket Corporation (NYSE NEU) opened at 432.30 on Monday. NewMarket Corporation has a 12-month low of $386.90 and a 12-month high of $483.86. The stock has a market capitalization of $5.12 billion, a PE ratio of 21.01 and a beta of 0.75. The company’s 50-day moving average is $422.95 and its 200 day moving average is $448.27.
NewMarket Corporation (NYSE:NEU) last issued its quarterly earnings data on Wednesday, August 2nd. The specialty chemicals company reported $5.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $5.73 by ($0.44). The firm had revenue of $547.20 million during the quarter, compared to the consensus estimate of $570.10 million. NewMarket Corporation had a net margin of 11.57% and a return on equity of 46.94%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.50 earnings per share. On average, analysts predict that NewMarket Corporation will post $20.23 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 15th were given a dividend of $1.75 per share. The ex-dividend date of this dividend was Thursday, September 14th. This represents a $7.00 dividend on an annualized basis and a dividend yield of 1.62%. NewMarket Corporation’s dividend payout ratio (DPR) is 34.03%.
NewMarket Corporation Company Profile
NewMarket Corporation is a holding company. The Company is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). The Company operates through petroleum additives segment, which is primarily represented by Afton.
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