NewMarket (NEU) Cut to “C” at TheStreet
Shares of NewMarket (NEU) opened at $392.85 on Wednesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 2.63 and a quick ratio of 1.50. The stock has a market cap of $4,660.00, a price-to-earnings ratio of 24.43 and a beta of 0.81. NewMarket has a 52 week low of $373.59 and a 52 week high of $483.86.
NewMarket (NYSE:NEU) last announced its quarterly earnings data on Tuesday, February 6th. The specialty chemicals company reported $3.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.62 by ($0.57). The firm had revenue of $559.98 million during the quarter, compared to analysts’ expectations of $522.10 million. NewMarket had a return on equity of 37.86% and a net margin of 8.67%. The business’s revenue for the quarter was up 11.6% on a year-over-year basis. During the same period last year, the company earned $3.86 earnings per share.
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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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