NewMarket (NYSE:NEU – Get Free Report) will be releasing its earnings data before the market opens on Thursday, October 24th. Persons that wish to listen to the company’s earnings conference call can do so using this link.
NewMarket (NYSE:NEU – Get Free Report) last released its quarterly earnings results on Monday, July 29th. The specialty chemicals company reported $11.63 earnings per share for the quarter. NewMarket had a net margin of 15.12% and a return on equity of 37.06%. The business had revenue of $710.23 million for the quarter.
NewMarket Stock Up 0.1 %
NewMarket stock opened at $519.61 on Wednesday. NewMarket has a fifty-two week low of $436.90 and a fifty-two week high of $650.00. The stock has a market cap of $4.99 billion, a PE ratio of 12.50 and a beta of 0.49. The firm’s 50-day simple moving average is $546.54 and its 200 day simple moving average is $546.22. The company has a debt-to-equity ratio of 0.95, a quick ratio of 1.48 and a current ratio of 2.66.
NewMarket Announces Dividend
Insider Buying and Selling at NewMarket
In other NewMarket news, CAO Bruce R. Hazelgrove III sold 1,270 shares of the business’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $544.31, for a total value of $691,273.70. Following the transaction, the chief accounting officer now directly owns 358 shares in the company, valued at $194,862.98. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 20.40% of the company’s stock.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of NewMarket from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 6th.
Get Our Latest Research Report on NewMarket
NewMarket Company Profile
NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils.
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