NASDAQ:IOSPInnospec Stock Price, Forecast & News

Innospec's stock was trading at $72.47 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, IOSP shares have increased by 10.9% and is now trading at $80.38. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Innospec in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Innospec.

Innospec is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Innospec.

Innospec Inc. (NASDAQ:IOSP) released its quarterly earnings data on Tuesday, May, 5th. The specialty chemicals company reported $1.42 earnings per share (EPS) for the quarter. The specialty chemicals company earned $372.30 million during the quarter, compared to analyst estimates of $380 million. Innospec had a return on equity of 14.77% and a net margin of 7.79%. Innospec's revenue for the quarter was down 4.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.25 earnings per share. View Innospec's earnings history.

Innospec declared a semi-annual dividend on Thursday, May 7th. Shareholders of record on Monday, May 18th will be given a dividend of $0.52 per share on Tuesday, May 26th. This represents a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 15th. View Innospec's dividend history.

1 analysts have issued 1 year price targets for Innospec's shares. Their forecasts range from $95.00 to $95.00. On average, they expect Innospec's stock price to reach $95.00 in the next year. This suggests a possible upside of 18.2% from the stock's current price. View analysts' price targets for Innospec.

News articles about IOSP stock have trended somewhat positive this week, according to InfoTrie. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Innospec earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage about the specialty chemicals company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days. View the latest news aboutInnospec.

Innospec saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 367,900 shares, a decline of 12.5% from the April 30th total of 420,300 shares. Based on an average trading volume of 135,600 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.5% of the shares of the company are short sold. View Innospec's Current Options Chain.

Some companies that are related to Innospec include Ecolab (ECL), Sherwin-Williams (SHW), International Flavors & Fragrances (IFF), Celanese (CE), RPM International (RPM), Albemarle (ALB), NewMarket (NEU), Ashland Global (ASH), W. R. Grace & Co (GRA), Balchem (BCPC), Quaker Chemical (KWR), PolyOne (POL), Stepan (SCL), Sensient Technologies (SXT) and HB Fuller (FUL). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Innospec investors own include Altria Group (MO), NVIDIA (NVDA), Sherwin-Williams (SHW), Applied Materials (AMAT), Activision Blizzard (ATVI), Broadcom (AVGO), Boeing (BA), Caterpillar (CAT), Colgate-Palmolive (CL) and Clorox (CLX).

Innospec trades on the NASDAQ under the ticker symbol "IOSP."

Innospec's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (14.89%), Wells Fargo & Company MN (6.00%), State Street Corp (3.08%), Champlain Investment Partners LLC (2.78%), Janus Henderson Group PLC (2.18%) and Geode Capital Management LLC (1.56%). Company insiders that own Innospec stock include Brian Watt, Catherine Hessner, Hugh Aldous, Ian Cleminson, Milton C Blackmore, Patrick Williams, Philip Curran and Philip John Boon. View institutional ownership trends for Innospec.

IOSP stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Wasatch Advisors Inc., Kirr Marbach & Co. LLC IN, Nuveen Asset Management LLC, Morgan Stanley, Morgan Stanley, Hillsdale Investment Management Inc., and Thrivent Financial for Lutherans. Company insiders that have sold Innospec company stock in the last year include Brian Watt, Catherine Hessner, Hugh Aldous, Ian Cleminson, Philip Curran, and Philip John Boon. View insider buying and selling activity for Innospec.

IOSP stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Invesco Ltd., State Street Corp, Geode Capital Management LLC, Champlain Investment Partners LLC, Canada Pension Plan Investment Board, Trexquant Investment LP, and Eagle Asset Management Inc.. View insider buying and selling activity for Innospec.

Shares of IOSP 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, Robinhood, Fidelity, and Charles Schwab.

One share of IOSP stock can currently be purchased for approximately $80.38.

Innospec has a market capitalization of $1.97 billion and generates $1.51 billion in revenue each year. Innospec employs 2,000 workers across the globe.

The official website for Innospec is www.innospecinc.com.

Innospec's mailing address is 8310 SOUTH VALLEY HIGHWAY SUITE 350, ENGLEWOOD CO, 80112. The specialty chemicals company can be reached via phone at 303-792-5554 or via email at [email protected]