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How to buy NewMarket Corporation (NEU) stocks in Canada
Learn how to easily invest in NewMarket Corporation stocks.
NewMarket Corporation is a specialty chemicals business based in the US. NewMarket Corporation stocks (NEU.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $307.5 – an increase of 2.34% over the previous week. NewMarket Corporation employs 2,105 staff and has a trailing 12-month revenue of around $2.3 billion.
How to buy shares in NewMarket Corporation
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – NEU – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
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.
What's in this guide?
- Can I buy shares in NewMarket Corporation?
- Has coronavirus impacted NewMarket Corporation shares?
- NewMarket Corporation shares summary
- Compare share dealing platforms
- Is NewMarket Corporation stock a buy or sell?
- NewMarket Corporation performance over time
- Is NewMarket Corporation suitable for ethical investing?
- Are NewMarket Corporation shares over-valued?
- NewMarket Corporation's financials
- How volatile are NewMarket Corporation shares?
- Does NewMarket Corporation pay a dividend?
- Have NewMarket Corporation shares ever split?
- Other common questions
How has Coronavirus impacted NewMarket Corporation's stock price?
Since the stock market crash in March caused by coronavirus, NewMarket Corporation's stock price has had significant negative movement.
Its last market close was $350.44, which is 17.42% down on its pre-crash value of $424.34 and 15.03% up on the lowest point reached during the March crash when the stocks fell as low as $304.65.
If you had bought $1,000 worth of NewMarket Corporation stocks at the start of February 2020, those stocks would have been worth $767.92 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $784.99.
NewMarket Corporation stock price (NYSE:NEU)Use our graph to track the performance of NEU stocks over time.
NewMarket Corporation shares at a glance
|Latest market close||$350.44|
|52-week range||$293.54 - $419.62|
|50-day moving average||$339.36|
|200-day moving average||$341.71|
|Wall St. target price||$450.00|
|Dividend yield||$7.8 (2.37%)|
|Earnings per share (TTM)||$22.06|
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Note: The dollar amounts in the table below are in Canadian dollars.
NewMarket Corporation price performance over time
|1 week (2022-01-07)||2.34%|
|1 month (2021-12-16)||2.74%|
|3 months (2021-10-15)||-6.21%|
|6 months (2021-07-16)||12.96%|
|1 year (2021-01-15)||-17.11%|
|2 years (2020-01-16)||-25.47%|
|3 years (2019-01-16)||397|
|5 years (2017-01-13)||428.29|
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 16x. In other words, NewMarket Corporation shares trade at around 16x 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 $407.9 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||$2.3 billion|
|Operating margin TTM||14.04%|
|Gross profit TTM||$595 million|
|Return on assets TTM||9.38%|
|Return on equity TTM||32.16%|
|Market capitalisation||$3.7 billion|
TTM: trailing 12 months
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.
NewMarket Corporation share dividends
Dividend payout ratio: 38.59% of net profits
Recently NewMarket Corporation has paid out, on average, around 38.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.37% 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 2.37% return on their shares, in the form of dividend payments. In NewMarket Corporation's case, that would currently equate to about $7.8 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 2 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 13 December 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 $293.5358 up to $419.615. 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 0.3416. 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. .
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