How to buy NewMarket Corporation stock

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 2,105 staff and has a trailing 12-month revenue of around 0.00.

NewMarket Corporation share price

Use our graph to track the performance of NEU stocks over time.

NewMarket Corporation shares at a glance

• Key figures

Information last updated 2021-04-23.

52-week range	$329.23 - $449.56
50-day moving average	$387.23
200-day moving average	$386.07
Wall St. target price	$450.00
PE ratio	15.3371
Dividend yield	$7.6 (1.98%)
Earnings per share (TTM)	$23.32

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Is it a good time to buy NewMarket Corporation stock?

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.

Technical Analysis of NewMarket Corporation by TradingView

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.

Is NewMarket Corporation under- or over-valued?

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 P/E ratio

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 15x. In other words, NewMarket Corporation shares trade at around 15x 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 PEG ratio

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

NewMarket Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $399.5 million.

The EBITDA is a measure of a NewMarket Corporation's overall financial performance and is widely used to measure a its profitability.

NewMarket Corporation financials

Revenue TTM	$2 billion
Operating margin TTM	15.67%
Gross profit TTM	$595 million
Return on assets TTM	9.12%
Return on equity TTM	35.15%
Profit margin	12.62%
Book value	$74.15
Market capitalisation	$4.2 billion

TTM: trailing 12 months

Shorting NewMarket Corporation shares

There are currently 78,547 NewMarket Corporation shares held short by investors – that's known as NewMarket Corporation's "short interest". This figure is 17% down from 94,579 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)

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 29418.352059925). NewMarket Corporation's SIR currently stands at 2.67. In other words for every 100,000 NewMarket Corporation shares traded daily on the market, roughly 2670 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 0.0108% of the tradable shares (for every 100,000 tradable NewMarket Corporation shares, roughly 11 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.

NewMarket Corporation's environmental, social and governance track record

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.

NewMarket Corporation's total ESG risk score

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 12/31/2018) 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.).

NewMarket Corporation's environmental score

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.

NewMarket Corporation's social score

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.

NewMarket Corporation's governance score

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.

Environmental, social, and governance (ESG) summary

NewMarket Corporation was last rated for ESG on: 2019-01-01.

Total ESG score	41.75
Total ESG percentile	86.22
Environmental score	21.4
Environmental score percentile	5
Social score	14.64
Social score percentile	5
Governance score	13.71
Governance score percentile	5

NewMarket Corporation share dividends

Dividend payout ratio: 32.98% of net profits

Recently NewMarket Corporation has paid out, on average, around 32.98% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.98% 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 1.98% 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 31 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 11 March 2021 (the "ex-dividend date").

Have NewMarket Corporation's shares ever split?

NewMarket Corporation's shares were split on a 1:5 basis on 30 June 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.

NewMarket Corporation share price volatility

Over the last 12 months, NewMarket Corporation's shares have ranged in value from as little as $329.2322 up to $449.5553. 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 0.3844. This would suggest that NewMarket Corporation's shares are less volatile than average (for this exchange).

NewMarket Corporation overview

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 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. In addition, it engages in the antiknock compounds business, as well as contracted manufacturing and services activities. The company has operations in the North America, Latin America, Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia. .

Frequently asked questions

• What percentage of NewMarket Corporation is owned by insiders or institutions?

  Currently 24.205% of NewMarket Corporation shares are held by insiders and 57.984% by institutions.

• How many people work for NewMarket Corporation?

  Latest data suggests 2,105 work at NewMarket Corporation.

• When does the fiscal year end for NewMarket Corporation?

  NewMarket Corporation's fiscal year ends in December.

• Where is NewMarket Corporation based?

  NewMarket Corporation's address is: 330 South Fourth Street, Richmond, VA, United States, 23219-4350

• What is NewMarket Corporation's ISIN number?

  NewMarket Corporation's international securities identification number is: US6515871076

• What is NewMarket Corporation's CUSIP number?

  NewMarket Corporation's Committee on Uniform Securities Identification Procedures number is: 651587107