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NewMarket Corporation is a specialty chemicals business based in the US. NewMarket Corporation shares (NEU) are listed on the NYSE and all prices are listed in US Dollars. NewMarket Corporation employs 2,118 staff and has a trailing 12-month revenue of around USD$2 billion.
|Latest market close||USD$399.57|
|52-week range||USD$300.1641 - USD$479.0977|
|50-day moving average||USD$384.2512|
|200-day moving average||USD$378.0678|
|Wall St. target price||USD$450|
|Dividend yield||USD$7.6 (1.92%)|
|Earnings per share (TTM)||USD$22.976|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-08)||-6.26%|
|1 month (2020-12-16)||1.24%|
|3 months (2020-10-15)||10.70%|
|6 months (2020-07-15)||-3.14%|
|1 year (2020-01-15)||-14.59%|
|2 years (2019-01-15)||-0.15%|
|3 years (2018-01-12)||0.49%|
|5 years (2016-01-15)||9.63%|
Valuing NewMarket Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of NewMarket Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
NewMarket Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, NewMarket Corporation shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
NewMarket Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 5.09. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into NewMarket Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
NewMarket Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$413.5 million.
The EBITDA is a measure of a NewMarket Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2 billion|
|Operating margin TTM||16.28%|
|Gross profit TTM||USD$629.9 million|
|Return on assets TTM||11.24%|
|Return on equity TTM||37.52%|
|Market capitalisation||USD$4.4 billion|
TTM: trailing 12 months
There are currently 137,911 NewMarket Corporation shares held short by investors – that's known as NewMarket Corporation's "short interest". This figure is 8.3% up from 127,368 last month.
There are a few different ways that this level of interest in shorting NewMarket Corporation shares can be evaluated.
NewMarket Corporation's "short interest ratio" (SIR) is the quantity of NewMarket Corporation shares currently shorted divided by the average quantity of NewMarket Corporation shares traded daily (recently around 28494.008264463). NewMarket Corporation's SIR currently stands at 4.84. In other words for every 100,000 NewMarket Corporation shares traded daily on the market, roughly 4840 shares are currently held short.
However NewMarket Corporation's short interest can also be evaluated against the total number of NewMarket Corporation shares, or, against the total number of tradable NewMarket Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NewMarket Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 NewMarket Corporation shares in existence, roughly 10 shares are currently held short) or 0.0188% of the tradable shares (for every 100,000 tradable NewMarket Corporation shares, roughly 19 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against NewMarket Corporation.
Find out more about how you can short NewMarket Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like NewMarket Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 41.75
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and NewMarket Corporation's overall score of 41.75 (as at 01/01/2019) is pretty weak – landing it in it in the 86th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like NewMarket Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 21.4/100
NewMarket Corporation's environmental score of 21.4 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that NewMarket Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 14.64/100
NewMarket Corporation's social score of 14.64 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that NewMarket Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 13.71/100
NewMarket Corporation's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that NewMarket Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
|Total ESG score||41.75|
|Total ESG percentile||86.22|
|Environmental score percentile||5|
|Social score percentile||5|
|Governance score percentile||5|
Dividend payout ratio: 27.88% of net profits
Recently NewMarket Corporation has paid out, on average, around 27.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.92% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), NewMarket Corporation shareholders could enjoy a 1.92% return on their shares, in the form of dividend payments. In NewMarket Corporation's case, that would currently equate to about $7.6 per share.
While NewMarket Corporation's payout ratio might seem fairly standard, it's worth remembering that NewMarket Corporation may be investing much of the rest of its net profits in future growth.
NewMarket Corporation's most recent dividend payout was on 4 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 December 2020 (the "ex-dividend date").
NewMarket Corporation's shares were split on a 1:5 basis on 1 July 2002. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your NewMarket Corporation shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for NewMarket Corporation shares which in turn could have impacted NewMarket Corporation's share price.
Over the last 12 months, NewMarket Corporation's shares have ranged in value from as little as $300.1641 up to $479.0977. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while NewMarket Corporation's is 0.4168. This would suggest that NewMarket Corporation's shares are less volatile than average (for this exchange).
NewMarket Corporation, through its subsidiaries, engages in the petroleum additives businesses. 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; and engine oil, driveline, and industrial additives. It also provides engine oil additives comprising driveline additives for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additive comprising products for industrial applications, which include hydraulic fluids, grease, and industrial gear fluids, as well as industrial specialty applications, including turbine oils. In addition, the company offers fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. Additionally, it engages in the antiknock compounds business, as well as contracted manufacturing and services business. The company has operations in the United States, Europe, the Asia Pacific, India, Latin America, Canada, Africa, and the Middle East. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.
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