Univar (NYSE:UNVR) released its earnings results on Tuesday. The basic materials company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.04), Briefing.com reports. Univar had a negative net margin of 1.08% and a positive return on equity of 13.11%. The company had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.24 billion. During the same period in the previous year, the company posted $0.33 EPS. The company’s quarterly revenue was up 9.3% compared to the same quarter last year.
Shares of NYSE UNVR opened at $18.10 on Thursday. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of -27.85, a P/E/G ratio of 1.47 and a beta of 1.62. The company has a quick ratio of 1.18, a current ratio of 1.78 and a debt-to-equity ratio of 1.71. The company’s fifty day moving average is $22.50 and its 200-day moving average is $22.04. Univar has a twelve month low of $17.78 and a twelve month high of $24.77.
Several equities analysts have recently issued reports on UNVR shares. Deutsche Bank decreased their target price on Univar from $28.00 to $24.00 and set a “buy” rating for the company in a research report on Wednesday. ValuEngine upgraded shares of Univar from a “sell” rating to a “hold” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $24.80.
Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
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