News articles about PolyOne (NYSE:POL) have trended somewhat positive on Monday, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PolyOne earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 47.349856739179 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of PolyOne (NYSE:POL) opened at $42.06 on Monday. The company has a market capitalization of $3,402.15, a price-to-earnings ratio of -60.09, a price-to-earnings-growth ratio of 1.60 and a beta of 1.75. The company has a current ratio of 1.87, a quick ratio of 1.29 and a debt-to-equity ratio of 2.13. PolyOne has a fifty-two week low of $32.43 and a fifty-two week high of $47.48.
PolyOne (NYSE:POL) last announced its earnings results on Friday, January 26th. The specialty chemicals company reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $801.00 million for the quarter, compared to analysts’ expectations of $739.77 million. PolyOne had a positive return on equity of 29.46% and a negative net margin of 1.73%. PolyOne’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.38 EPS. equities research analysts forecast that PolyOne will post 2.54 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 5th. Shareholders of record on Tuesday, March 20th will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date is Monday, March 19th. PolyOne’s dividend payout ratio (DPR) is presently -100.00%.
A number of equities research analysts recently weighed in on POL shares. Oppenheimer restated a “buy” rating and issued a $47.00 price target on shares of PolyOne in a report on Tuesday, January 23rd. Zacks Investment Research upgraded PolyOne from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a report on Tuesday, January 23rd. SunTrust Banks restated a “buy” rating on shares of PolyOne in a report on Monday, January 29th. KeyCorp restated a “buy” rating and issued a $50.00 price target on shares of PolyOne in a report on Monday, January 29th. Finally, ValuEngine upgraded PolyOne from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Five investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. PolyOne presently has an average rating of “Buy” and an average price target of $45.71.
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PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.
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