NASDAQ:ACET - Aceto Stock Price, News, & Analysis

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$1.10 0.00 (0.00 %)
(As of 02/17/2019 01:43 AM ET)
Previous Close$1.10
Today's Range$1.08 - $1.18
52-Week Range$0.79 - $7.86
Volume383,826 shs
Average Volume334,538 shs
Market Capitalization$33.84 million
P/E RatioN/A
Dividend Yield3.64%
Beta2.23
Aceto Corporation engages in the development, marketing, sale, and distribution of finished dosage form generic pharmaceuticals, nutraceutical products, pharmaceutical active ingredients and intermediates, specialty performance chemicals, and agricultural protection products. The company operates in three segments: Human Health, Pharmaceutical Ingredients, and Performance Chemicals. The Human Health segment supplies raw materials used in the production of nutritional and packaged dietary supplements, including vitamins, amino acids, iron compounds, and biochemicals used in pharmaceutical and nutritional preparations. This segment is also involved in developing and marketing generic pharmaceutical products. It sells its generic prescription and over-the-counter pharmaceutical products to wholesalers, chain drug stores, distributors, and mass merchandisers. The Pharmaceutical Ingredients segment offers active pharmaceutical ingredients and pharmaceutical intermediates to various generic drug companies. The Performance Chemicals segment provides specialty chemicals for use in the manufacture of plastics, surface coatings, cosmetics and personal care, textiles, and fuels and lubricants, as well as for food, flavor, paper, and film industries; dye and pigment intermediates used in the color-producing industries; and organic intermediates used in the production of agrochemicals. Its raw materials are also used in electronic parts for photo tooling, circuit boards, and production of computer chips. This segment also offers agricultural protection products comprising herbicides, fungicides, and insecticides, which control weed growth and the spread of insects and microorganisms; and sprout inhibitors for potatoes. The company serves various companies in the industrial chemical, agricultural, and human health and pharmaceutical industries primarily in the United States, Europe, and Asia. Aceto Corporation was founded in 1947 and is headquartered in Port Washington, New York.

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Industry, Sector and Symbol

Industry Drugs, proprietaries, & sundries
Sub-IndustryTrading Companies & Distributors
SectorMedical
Current SymbolNASDAQ:ACET
CUSIP00444610
Phone516-627-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$711.36 million
Cash Flow$1.1957 per share
Book Value$3.09 per share

Profitability

Net Income$-316,120,000.00

Miscellaneous

Employees315
Market Cap$33.84 million
OptionableOptionable

Aceto (NASDAQ:ACET) Frequently Asked Questions

What is Aceto's stock symbol?

Aceto trades on the NASDAQ under the ticker symbol "ACET."

How often does Aceto pay dividends? What is the dividend yield for Aceto?

Aceto announced a quarterly dividend on Wednesday, September 12th. Stockholders of record on Monday, September 24th will be paid a dividend of $0.01 per share on Tuesday, October 9th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 3.64%. The ex-dividend date is Friday, September 21st. View Aceto's Dividend History.

How were Aceto's earnings last quarter?

Aceto Co. (NASDAQ:ACET) posted its earnings results on Thursday, November, 8th. The company reported ($0.59) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.54. The company had revenue of $164.41 million for the quarter. Aceto had a negative net margin of 38.57% and a negative return on equity of 15.73%. During the same quarter in the prior year, the firm posted $0.30 earnings per share. View Aceto's Earnings History.

When is Aceto's next earnings date?

Aceto is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Aceto.

What price target have analysts set for ACET?

2 brokerages have issued twelve-month price targets for Aceto's shares. Their predictions range from $2.00 to $2.00. On average, they anticipate Aceto's stock price to reach $2.00 in the next twelve months. This suggests a possible upside of 81.8% from the stock's current price. View Analyst Price Targets for Aceto.

What is the consensus analysts' recommendation for Aceto?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Aceto in the last year. There are currently 2 sell ratings for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for Aceto.

Has Aceto been receiving favorable news coverage?

Media stories about ACET stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Aceto earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near future.

Who are some of Aceto's key competitors?

Who are Aceto's key executives?

Aceto's management team includes the folowing people:
  • Mr. William C. Kennally III, Pres, CEO & Director (Age 64)
  • Ms. Rebecca A. Roof, Interim Chief Financial Officer (Age 63)
  • Mr. Steven Rogers, Sr. VP, Chief Legal Officer & Corp. Sec. (Age 58)
  • Ms. Frances P. Scally, Sr. VP & Chief Accounting Officer (Age 52)
  • Mr. Charles John Alaimo, Sr. VP of HR (Age 53)

Who are Aceto's major shareholders?

Aceto's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (7.41%), Millennium Management LLC (2.37%), BlackRock Inc. (2.24%), Royce & Associates LP (1.53%), Two Sigma Investments LP (1.48%) and Geode Capital Management LLC (1.04%). Company insiders that own Aceto stock include Albert L Eilender, Charles John Alaimo, Douglas A Roth, Frances P Scally, Frank Debenedittis, Salvatore J Sr Guccione Sr, Steven Rogers and Walter J Kaczmarek III. View Institutional Ownership Trends for Aceto.

Which institutional investors are selling Aceto stock?

ACET stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Northern Trust Corp, Connor Clark & Lunn Investment Management Ltd., Dimensional Fund Advisors LP, Squarepoint Ops LLC, IndexIQ Advisors LLC and Janney Montgomery Scott LLC. Company insiders that have sold Aceto company stock in the last year include Albert L Eilender, Charles John Alaimo, Frances P Scally, Frank Debenedittis, Steven Rogers and Walter J Kaczmarek III. View Insider Buying and Selling for Aceto.

Which institutional investors are buying Aceto stock?

ACET stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Royce & Associates LP, D. E. Shaw & Co. Inc., Two Sigma Investments LP, Geode Capital Management LLC, Two Sigma Advisers LP and California Public Employees Retirement System. View Insider Buying and Selling for Aceto.

How do I buy shares of Aceto?

Shares of ACET can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Aceto's stock price today?

One share of ACET stock can currently be purchased for approximately $1.10.

How big of a company is Aceto?

Aceto has a market capitalization of $33.84 million and generates $711.36 million in revenue each year. Aceto employs 315 workers across the globe.

What is Aceto's official website?

The official website for Aceto is http://www.aceto.com.

How can I contact Aceto?

Aceto's mailing address is 4 TRI HARBOR COURT, PORT WASHINGTON NY, 11050. The company can be reached via phone at 516-627-6000 or via email at [email protected]


MarketBeat Community Rating for Aceto (NASDAQ ACET)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  192 (Vote Outperform)
Underperform Votes:  221 (Vote Underperform)
Total Votes:  413
MarketBeat's community ratings are surveys of what our community members think about Aceto and other stocks. Vote "Outperform" if you believe ACET will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACET will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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