Nexeo Solutions, Inc. operates as a chemical and plastic products distributor in North America, Europe, the Middle East, Africa, and Asia. It operates through Chemicals, Plastics, and Environmental Services segments. The company provides approximately 24,000 products that are used in various industries, including household, industrial and institutional, lubricants, automotive, healthcare, personal care, oil and gas, and construction, as well as performance coatings, including architectural coatings, adhesives, sealants, and elastomers. It also offers on-site and off-site hazardous and non-hazardous environmental services, including waste collection, transportation, recovery, disposal arrangement, and recycling services. The company was formerly known as WL Ross Holding Corp. and changed its name to Nexeo Solutions, Inc. in June 2016. Nexeo Solutions, Inc. was founded in 2014 and is headquartered in The Woodlands, Texas.
Industry, Sector and Symbol
Industry Chemicals & allied products
Sub-IndustryN/A
SectorBasic Materials
Phone281-297-0700
Debt
Current Ratio2.01
Quick Ratio1.35
Price-To-Earnings
Sales & Book Value
Annual Sales$4.03 billion
Price / Sales0.20
Price / Cash Flow6.15
Price / Book18.92
Profitability
Net Income$29.40 million
Net Margins0.73%
Return on Assets2.51%
Miscellaneous
EmployeesN/A
OptionableNot Optionable
Nexeo Solutions (NASDAQ:NXEO) Frequently Asked Questions
What is Nexeo Solutions' stock symbol?
Nexeo Solutions trades on the NASDAQ under the ticker symbol "NXEO."
How were Nexeo Solutions' earnings last quarter?
Nexeo Solutions Inc (NASDAQ:NXEO) posted its quarterly earnings results on Wednesday, December, 5th. The basic materials company reported $0.26 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.05. The basic materials company earned $1.02 billion during the quarter, compared to analysts' expectations of $1.03 billion. Nexeo Solutions had a return on equity of 9.14% and a net margin of 0.73%. View Nexeo Solutions' Earnings History.
When is Nexeo Solutions' next earnings date?
What price target have analysts set for NXEO?
3 brokerages have issued 1-year target prices for Nexeo Solutions' shares. Their forecasts range from $14.00 to $14.00. On average, they anticipate Nexeo Solutions' stock price to reach $14.00 in the next year. This suggests a possible upside of 54.2% from the stock's current price. View Analyst Price Targets for Nexeo Solutions.
What is the consensus analysts' recommendation for Nexeo Solutions?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexeo Solutions in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nexeo Solutions.
Has Nexeo Solutions been receiving favorable news coverage?
News stories about NXEO stock have been trending very positive recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nexeo Solutions earned a news sentiment score of 3.7 on InfoTrie's scale. They also assigned press coverage about the basic materials 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 next several days.
Are investors shorting Nexeo Solutions?
Nexeo Solutions saw a drop in short interest in December. As of December 31st, there was short interest totalling 1,647,120 shares, a drop of 36.2% from the December 14th total of 2,583,488 shares. Based on an average daily trading volume, of 910,540 shares, the short-interest ratio is currently 1.8 days. Approximately 2.8% of the company's stock are short sold. View Nexeo Solutions' Current Options Chain.
Who are some of Nexeo Solutions' key competitors?
Some companies that are related to Nexeo Solutions include Univar (UNVR), Balchem (BCPC), PQ Group (PQG), GCP Applied Technologies (GCP), Innospec (IOSP), KMG Chemicals (KMG), Innophos (IPHS), Hawkins (HWKN), Liquidmetal Technologies (LQMT), Gulf Resources (GURE), Green Earth Technologies (GETG) and OCI Partners (OCIP).
Who are Nexeo Solutions' key executives?
Nexeo Solutions' management team includes the folowing people:
- Mr. David A. Bradley, Pres, CEO & Director (Age 48)
- Mr. Ross J. Crane, Exec. VP, CFO & Treasurer (Age 56)
- Mr. Michael B. Farnell Jr., Exec. VP, Chief Admin. Officer & Sec. (Age 49)
- Mr. Brian K. Herington, Exec. VP of Chemicals (Age 52)
- Mr. Shawn D. Williams, Exec. VP of Plastics (Age 56)
Who are Nexeo Solutions' major shareholders?
Nexeo Solutions' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Havens Advisors LLC (0.10%). Company insiders that own Nexeo Solutions stock include Brian Herington, David A Bradley, Michael L Everett, Park West Asset Management Llc, Robert J Zatta, Select Fund Ii LP Fpa, Select Maple Fund LP Fpa and William Waldorf Astor III. View Institutional Ownership Trends for Nexeo Solutions.
Which major investors are selling Nexeo Solutions stock?
How do I buy shares of Nexeo Solutions?
Shares of NXEO 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 Nexeo Solutions' stock price today?
One share of NXEO stock can currently be purchased for approximately $9.08.
How big of a company is Nexeo Solutions?
Nexeo Solutions has a market capitalization of $810.87 million and generates $4.03 billion in revenue each year. The basic materials company earns $29.40 million in net income (profit) each year or $0.74 on an earnings per share basis.
What is Nexeo Solutions' official website?
How can I contact Nexeo Solutions?
Nexeo Solutions' mailing address is 3 WATERWAY SQUARE PLACE SUITE 1000, THE WOODLANDS TX, 77380. The basic materials company can be reached via phone at 281-297-0700 or via email at [email protected]
MarketBeat Community Rating for Nexeo Solutions (NASDAQ NXEO)
MarketBeat's community ratings are surveys of what our community members think about Nexeo Solutions and other stocks. Vote "Outperform" if you believe NXEO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NXEO will underperform the S&P 500 over the long term. You may vote once every thirty days.
