NASDAQ:IOSP

Innospec (IOSP) Stock Forecast, Price & News

$102.20

-1.03 (-1.00%)

(As of 09/29/2023 ET)

Compare

Today's Range: $101.75
▼
$103.58
50-Day Range: $99.82
▼
$109.90
52-Week Range: $83.13
▼
$116.00

Volume: 84,549 shs
Average Volume: 95,748 shs
Market Capitalization: $2.54 billion

P/E Ratio: 20.20
Dividend Yield: 1.35%
Price Target: N/A

Innospec MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.67% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.86
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 16.78%
From $5.78 to $6.75 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.78 out of 5 stars

Basic Materials Sector

33rd out of 167 stocks

Chemicals & Allied Products Industry

7th out of 15 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Innospec.

3.0

Short Interest

Percentage of Shares Shorted
0.67% of the float of Innospec has been sold short.
Short Interest Ratio / Days to Cover
Innospec has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Innospec has recently increased by 14.07%, indicating that investor sentiment is decreasing significantly.

2.5

Dividend Strength

Dividend Yield
Innospec pays a meaningful dividend of 1.34%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Innospec has only been increasing its dividend for 3 years.
Dividend Coverage
The dividend payout ratio of Innospec is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Innospec will have a dividend payout ratio of 20.44% next year. This indicates that Innospec will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for IOSP.

3.3

News and Social Media Coverage

News Sentiment
Innospec has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.34 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Innospec this week, compared to 2 articles on an average week.
MarketBeat Follows
1 people have added Innospec to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Innospec insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.52% of the stock of Innospec is held by insiders.
Percentage Held by Institutions
94.89% of the stock of Innospec is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Innospec are expected to grow by 16.78% in the coming year, from $5.78 to $6.75 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Innospec is 20.20, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.59.
Price to Earnings Ratio vs. Sector
The P/E ratio of Innospec is 20.20, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 103.72.
Price to Book Value per Share Ratio
Innospec has a P/B Ratio of 2.43. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Innospec (NASDAQ:IOSP) Stock

Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in various fuels. This segment's products are used in the operation of automotive, marine, and aviation engines; power station generators; and heating oil. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, and metal extraction markets. The company's Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation, and completion operations; and products for oil and gas production, as well as products to prevent loss of mud in drilling operations. It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical and metal extraction formulations, and other chemical and industrial companies. The company was formerly known as Octel Corp. and changed its name to Innospec Inc. in January 2006. Innospec Inc. was founded in 1938 and is headquartered in Englewood, Colorado.

IOSP Price History

30 days | 90 days | 365 days | Advanced Chart

IOSP Stock News Headlines

September 27, 2023 | finance.yahoo.com

Innospec Publishes 2022 ESG Report

August 18, 2023 | finance.yahoo.com

Should You Investigate Innospec Inc. (NASDAQ:IOSP) At US$104?

October 1, 2023 | Behind the Markets (Ad)

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The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

August 10, 2023 | finance.yahoo.com

Q2 2023 Innospec Inc Earnings Call

August 10, 2023 | finance.yahoo.com

Innospec's (IOSP) Earnings Beat Estimates in Q2, Revenues Lag

August 9, 2023 | seekingalpha.com

Innospec Inc. 2023 Q2 - Results - Earnings Call Presentation

August 9, 2023 | finanznachrichten.de

Innospec Inc.: Innospec Reports Second Quarter 2023 Financial Results

August 8, 2023 | finance.yahoo.com

Innospec (IOSP) Q2 Earnings Surpass Estimates

October 1, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

August 8, 2023 | finance.yahoo.com

Innospec Reports Second Quarter 2023 Financial Results

August 3, 2023 | finance.yahoo.com

Albemarle (ALB) Q2 Earnings Surpass Estimates

July 19, 2023 | finance.yahoo.com

Is Innospec Inc. (NASDAQ:IOSP) Trading At A 33% Discount?

July 6, 2023 | finance.yahoo.com

Innospec Schedules Second Quarter 2023 Earnings Release and Conference Call

June 29, 2023 | finance.yahoo.com

Koppers (KOP) Stock Up 16% in 6 Months: What's Driving It?

June 29, 2023 | finance.yahoo.com

Linde (LIN) Enters Multiple Agreements With Wanhua in China

June 20, 2023 | finance.yahoo.com

Here's Why You Should Add Innospec (IOSP) to Your Portfolio

June 18, 2023 | finance.yahoo.com

Is Innospec Inc.'s (NASDAQ:IOSP) Recent Stock Performance Influenced By Its Financials In Any Way?

May 31, 2023 | thestreet.com

Innospec Stock Hits New 52-Week High (IOSP)

May 29, 2023 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For Innospec's (NASDAQ:IOSP) Returns On Capital

May 18, 2023 | msn.com

Innospec goes ex-dividend tomorrow

May 14, 2023 | finance.yahoo.com

Why You Might Be Interested In Innospec Inc. (NASDAQ:IOSP) For Its Upcoming Dividend

May 12, 2023 | msn.com

Innospec's Return On Capital Employed Insights

May 7, 2023 | finance.yahoo.com

Innospec (NASDAQ:IOSP) Is Increasing Its Dividend To $0.69

May 5, 2023 | msn.com

Innospec (IOSP) Declares $0.69 Dividend

May 4, 2023 | finanznachrichten.de

Innospec Inc.: Innospec Reports First Quarter 2023 Financial Results

May 4, 2023 | finance.yahoo.com

Innospec (IOSP) Q1 Earnings and Revenues Surpass Estimates

May 3, 2023 | finance.yahoo.com

Innospec Reports First Quarter 2023 Financial Results

See More Headlines

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IOSP Company Calendar

Last Earnings: 8/08/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Chemicals & allied products
Sub-Industry: Specialty Chemicals
Sector: Basic Materials
Current Symbol: NASDAQ:IOSP
CUSIP: 45768S10
CIK: 1054905
Web: www.innospecinc.com
Phone: (303) 792-5554
Fax: 303-792-5668
Employees: 2,100
Year Founded: 1938

Profitability

EPS (Most Recent Fiscal Year): $5.06
Trailing P/E Ratio: 20.20
Forward P/E Ratio: 17.68
P/E Growth: N/A
Net Income: $133 million
Net Margins: 6.27%
Pretax Margin: 8.73%
Return on Equity: 13.00%
Return on Assets: 8.61%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.34
Quick Ratio: 1.36

Sales & Book Value

Annual Sales: $1.96 billion
Price / Sales: 1.29
Cash Flow: $7.64 per share
Price / Cash Flow: 13.38
Book Value: $42.01 per share
Price / Book: 2.43

Miscellaneous

Outstanding Shares: 24,870,000
Free Float: 24,488,000
Market Cap: $2.54 billion
Optionable: Optionable
Beta: 1.18

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Key Executives

Mr. Patrick S. Williams (Age 58)
Pres, CEO & Director
Comp: $3.94M

Mr. Ian Philip Cleminson (Age 57)
Exec. VP & CFO
Comp: $1.09M

Dr. Philip J. Boon (Age 64)
COO & Exec. VP
Comp: $955.19k

Dr. Ian M. McRobbie (Age 74)
Chief Technology Officer and Sr. VP of Research & Technology
Comp: $745.37k

Mr. David Bentley Jones (Age 53)
Sr. VP, Gen. Counsel, Chief Compliance Officer & Corp. Sec.
Comp: $846.46k

Mr. Graeme Blair (Age 40)
Head of Group Fin.

Dr. Corbin Barnes (Age 50)
Sr. VP of Corp. Devel. & Investor Relations

Mr. Trey Griffin (Age 57)
Sr. VP of HR

Mr. Thomas C. Entwistle
Pres of Oilfield Services - Americas

Mr. Steven W. Williams (Age 67)
Exec. Director

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

IOSP Stock - Frequently Asked Questions

How have IOSP shares performed in 2023?: Innospec's stock was trading at $102.86 on January 1st, 2023. Since then, IOSP stock has decreased by 0.6% and is now trading at $102.20.
View the best growth stocks for 2023 here.
Are investors shorting Innospec?: Innospec saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 165,400 shares, an increase of 14.1% from the August 31st total of 145,000 shares. Based on an average daily trading volume, of 79,600 shares, the short-interest ratio is currently 2.1 days. Approximately 0.7% of the shares of the company are short sold.
View Innospec's Short Interest.
When is Innospec's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our IOSP earnings forecast.
How were Innospec's earnings last quarter?: Innospec Inc. (NASDAQ:IOSP) announced its quarterly earnings results on Tuesday, August, 8th. The specialty chemicals company reported $1.28 earnings per share for the quarter, missing analysts' consensus estimates of $1.31 by $0.03. The specialty chemicals company earned $480.40 million during the quarter, compared to analysts' expectations of $495.97 million. Innospec had a trailing twelve-month return on equity of 13.00% and a net margin of 6.27%. The business's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.58 earnings per share.
How often does Innospec pay dividends? What is the dividend yield for Innospec?: Innospec announced a Semi-Annual dividend on Tuesday, May 2nd. Investors of record on Monday, May 22nd will be paid a dividend of $0.69 per share on Wednesday, May 31st. This represents a dividend yield of 1.3%. The ex-dividend date is Friday, May 19th. This is an increase from the stock's previous Semi-Annual dividend of $0.65.
Read our dividend analysis for IOSP.
What ETFs hold Innospec's stock?: ETFs with the largest weight of Innospec (NASDAQ:IOSP) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Invesco Dorsey Wright Basic Materials Momentum ETF (PYZ), JPMorgan Active Small Cap Value ETF (JPSV), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Quality ETF (XSHQ), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco Nasdaq Future Gen 200 ETF (QQQS) and iShares S&P Small-Cap 600 Growth ETF (IJT).
Is Innospec a good dividend stock?: Innospec (NASDAQ:IOSP) pays an annual dividend of $1.38 per share and currently has a dividend yield of 1.34%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, IOSP will have a dividend payout ratio of 20.44% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for IOSP.

What is Patrick S. Williams' approval rating as Innospec's CEO?: 12 employees have rated Innospec Chief Executive Officer Patrick S. Williams on Glassdoor.com. Patrick S. Williams has an approval rating of 96% among the company's employees. This puts Patrick S. Williams in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Innospec own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Innospec investors own include NVIDIA (NVDA), Altria Group (MO), Ecolab (ECL), Eastman Chemical (EMN), Corning (GLW), Realty Income (O), Pfizer (PFE), Sherwin-Williams (SHW), Weyerhaeuser (WY) and Applied Materials (AMAT).
What is Innospec's stock symbol?: Innospec trades on the NASDAQ under the ticker symbol "IOSP."
How do I buy shares of Innospec?: Shares of IOSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Innospec's stock price today?: One share of IOSP stock can currently be purchased for approximately $102.20.
How much money does Innospec make?: Innospec (NASDAQ:IOSP) has a market capitalization of $2.54 billion and generates $1.96 billion in revenue each year. The specialty chemicals company earns $133 million in net income (profit) each year or $5.06 on an earnings per share basis.
How many employees does Innospec have?: The company employs 2,100 workers across the globe.
How can I contact Innospec?: Innospec's mailing address is 8310 SOUTH VALLEY HIGHWAY SUITE 350, ENGLEWOOD CO, 80112. The official website for the company is www.innospecinc.com. The specialty chemicals company can be reached via phone at (303) 792-5554, via email at brian.watt@innospecinc.com, or via fax at 303-792-5668.

This page (NASDAQ:IOSP) was last updated on 10/1/2023 by MarketBeat.com Staff

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