News headlines about NewMarket (NYSE:NEU) have trended somewhat positive on Wednesday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. NewMarket earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the specialty chemicals company an impact score of 47.1738833218423 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Shares of NewMarket (NEU) opened at $395.05 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.74 and a debt-to-equity ratio of 0.97. The stock has a market cap of $4,752.98, a P/E ratio of 20.48 and a beta of 0.80. NewMarket has a 52-week low of $382.04 and a 52-week high of $483.86.
NewMarket (NYSE:NEU) last posted its quarterly earnings results on Wednesday, October 25th. The specialty chemicals company reported $5.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.70 by ($0.66). The company had revenue of $584.41 million during the quarter, compared to analysts’ expectations of $546.40 million. NewMarket had a return on equity of 41.70% and a net margin of 10.85%. NewMarket’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period last year, the company earned $6.00 earnings per share.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Friday, December 15th will be given a dividend of $1.75 per share. This represents a $7.00 annualized dividend and a yield of 1.77%. The ex-dividend date of this dividend is Thursday, December 14th. NewMarket’s payout ratio is presently 35.75%.
NewMarket 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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