Nexeo Solutions, Inc. operates as a chemical and plastic products distributor in North America, Europe, the Middle East, Africa, and Asia. The company operates through Chemicals, Plastics, and Environmental Services segments. It provides approximately 22,000 products used in various industries, including household, industrial and institutional, lubricants, architectural coatings, adhesives, sealants, elastomers, automotive, healthcare, personal care, oil and gas, and construction. 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 based in The Woodlands, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Chemicals & allied products
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNASDAQ:NXEO
Previous Symbol
CUSIPN/A
Phone281-297-0700
Debt
Debt-to-Equity Ratio0.98
Current Ratio2.15
Quick Ratio1.41
Price-To-Earnings
Trailing P/E Ratio30.55
Forward P/E Ratio14.00
P/E Growth0.53
Sales & Book Value
Annual Sales$3.64 billion
Price / Sales0.25
Cash Flow$1.0968 per share
Price / Cash9.19
Book Value$0.15 per share
Price / Book67.20
Profitability
EPS (Most Recent Fiscal Year)$0.33
Net Income$14.40 million
Net Margins1.45%
Return on Equity8.13%
Return on Assets2.20%
Miscellaneous
EmployeesN/A
Outstanding Shares89,730,000
Market Cap$904.52 million
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) issued its quarterly earnings data on Monday, August, 6th. The basic materials company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.19 by $0.12. The basic materials company had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $994.50 million. Nexeo Solutions had a net margin of 1.45% and a return on equity of 8.13%. View Nexeo Solutions' Earnings History.
When is Nexeo Solutions' next earnings date?
What price target have analysts set for NXEO?
3 Wall Street analysts have issued 12 month target prices for Nexeo Solutions' shares. Their forecasts range from $14.00 to $14.00. On average, they anticipate Nexeo Solutions' share price to reach $14.00 in the next year. This suggests a possible upside of 38.9% 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 headlines about NXEO stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nexeo Solutions earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave news stories about the basic materials company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future.
Who are some of Nexeo Solutions' key competitors?
Some companies that are related to Nexeo Solutions include Olin (OLN), 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 47)
- Mr. Ross J. Crane, Exec. VP, CFO & Treasurer (Age 55)
- Mr. Michael B. Farnell Jr., Exec. VP, Chief Admin. Officer & Sec. (Age 48)
- Mr. Brian K. Herington, Sr. VP of Chemicals (Age 51)
- Mr. Shawn D. Williams, Sr. VP of Plastics (Age 55)
Who are Nexeo Solutions' major shareholders?
Nexeo Solutions' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (2.48%), Thrivent Financial for Lutherans (2.40%), Alpine Associates Management Inc. (1.83%), Dimensional Fund Advisors LP (1.19%), Renaissance Technologies LLC (1.17%) and Pentwater Capital Management LP (0.67%). 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?
NXEO stock was sold by a variety of institutional investors in the last quarter, including Zimmer Partners LP, Bank of New York Mellon Corp, Rockshelter Capital Management LLC, Franklin Resources Inc., Strs Ohio and AQR Capital Management LLC. View Insider Buying and Selling for Nexeo Solutions.
Which major investors are buying Nexeo Solutions stock?
NXEO stock was purchased by a variety of institutional investors in the last quarter, including Alpine Associates Management Inc., Pentwater Capital Management LP, Water Island Capital LLC, Zuckerman Investment Group LLC, BlackRock Inc., Polaris Capital Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Goldentree Asset Management LP. Company insiders that have bought Nexeo Solutions stock in the last two years include Brian Herington, David A Bradley, Michael L Everett, Robert J Zatta, Select Fund Ii LP Fpa, Select Maple Fund LP Fpa and William Waldorf Astor III. View Insider Buying and Selling for Nexeo Solutions.
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 $10.08.
How big of a company is Nexeo Solutions?
Nexeo Solutions has a market capitalization of $904.52 million and generates $3.64 billion in revenue each year. The basic materials company earns $14.40 million in net income (profit) each year or $0.33 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.
