Venator Materials (VNTR) Earning Somewhat Positive Press Coverage, Analysis Shows
News coverage about Venator Materials (NYSE:VNTR) has trended somewhat positive on Monday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. 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. Venator Materials earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.3390325800361 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Venator Materials (NYSE:VNTR) opened at $23.91 on Monday. The company has a current ratio of 2.03, a quick ratio of 1.25 and a debt-to-equity ratio of 0.74. Venator Materials has a fifty-two week low of $17.85 and a fifty-two week high of $26.90.
Venator Materials (NYSE:VNTR) last issued its earnings results on Friday, October 27th. The company reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.25. The firm had revenue of $582.00 million during the quarter, compared to the consensus estimate of $568.31 million. The business’s revenue for the quarter was up 9.4% compared to the same quarter last year. sell-side analysts expect that Venator Materials will post 2.05 EPS for the current year.
VNTR has been the topic of several research reports. Nomura lifted their price target on shares of Venator Materials from $24.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, October 10th. Zacks Investment Research raised shares of Venator Materials from a “hold” rating to a “strong-buy” rating and set a $26.00 price target on the stock in a research note on Tuesday, October 10th. Instinet reissued a “buy” rating and set a $26.00 price target (up from $24.00) on shares of Venator Materials in a research note on Friday, October 13th. Royal Bank of Canada restated a “buy” rating and issued a $28.00 target price on shares of Venator Materials in a report on Wednesday, October 18th. Finally, Vertical Research began coverage on shares of Venator Materials in a report on Monday, October 23rd. They issued a “buy” rating and a $28.00 target price on the stock. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $27.47.
In other news, major shareholder Corp Huntsman sold 1,948,955 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $21.66, for a total value of $42,214,365.30. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
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Venator Materials Company Profile
Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products. It operates through two segments: Titanium Dioxide and Performance Additives.
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