W. R. Grace & Co. produces and sells specialty chemicals and materials worldwide. It operates through two segments, Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment offers fluid catalytic cracking (FCC) catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and other petroleum-based products; FCC additives; and methanol-to-olefins catalysts for the conversion of methanol into petrochemical feeds, including ethylene and propylene. This segment also provides hydro processing catalysts used in process reactors to upgrade heavy oils into lighter products; polyolefin catalysts and catalyst supports for the production of polypropylene and polyethylene thermoplastic resins; and chemical catalysts used in various industrial, environmental, and consumer applications, as well as gas-phase polypropylene process technology to manufacture polypropylene products. The Grace Materials Technologies segment offers silica-based and silica-alumina-based materials for use in coatings, consumer, industrial, and pharmaceutical applications. W. R. Grace & Co. was founded in 1854 and is headquartered in Columbia, Maryland.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Chemicals & allied products
Sub-IndustrySpecialty Chemicals
SectorBasic Materials
Current SymbolNYSE:GRA
Previous Symbol
CUSIP38388F10
Phone410-531-4000
Debt
Debt-to-Equity Ratio7.01
Current Ratio1.59
Quick Ratio0.99
Price-To-Earnings
Trailing P/E Ratio18.01
Forward P/E Ratio15.27
P/E Growth1.27
Sales & Book Value
Annual Sales$1.72 billion
Price / Sales2.39
Cash Flow$5.0679 per share
Price / Cash Flow12.08
Book Value$3.89 per share
Price / Book15.74
Profitability
EPS (Most Recent Fiscal Year)$3.40
Net Income$11.20 million
Net Margins-1.31%
Return on Equity98.65%
Return on Assets8.38%
Miscellaneous
Employees3,700
Outstanding Shares66,990,000
Market Cap$4.10 billion
OptionableOptionable
W. R. Grace & Co (NYSE:GRA) Frequently Asked Questions
What is W. R. Grace & Co's stock symbol?
W. R. Grace & Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "GRA."
How often does W. R. Grace & Co pay dividends? What is the dividend yield for W. R. Grace & Co?
W. R. Grace & Co announced a quarterly dividend on Wednesday, October 24th. Investors of record on Wednesday, November 14th will be paid a dividend of $0.24 per share on Wednesday, December 5th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date is Tuesday, November 13th. View W. R. Grace & Co's Dividend History.
How will W. R. Grace & Co's stock buyback program work?
W. R. Grace & Co announced that its board has initiated a stock buyback plan on Saturday, April 8th 2017, which allows the company to repurchase $250,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its stock is undervalued.
How were W. R. Grace & Co's earnings last quarter?
W. R. Grace & Co (NYSE:GRA) posted its quarterly earnings data on Wednesday, October, 24th. The specialty chemicals company reported $1.11 earnings per share for the quarter, beating the Zacks' consensus estimate of $1.02 by $0.09. The specialty chemicals company earned $494.90 million during the quarter, compared to the consensus estimate of $472.23 million. W. R. Grace & Co had a negative net margin of 1.31% and a positive return on equity of 98.65%. The firm's quarterly revenue was up 15.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.90 EPS. View W. R. Grace & Co's Earnings History.
When is W. R. Grace & Co's next earnings date?
What guidance has W. R. Grace & Co issued on next quarter's earnings?
W. R. Grace & Co updated its FY18 earnings guidance on Wednesday, October, 24th. The company provided earnings per share guidance of $4.00-4.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.97. The company issued revenue guidance of $1.91-1.92 billion (+11-12%), compared to the consensus revenue estimate of $1.89 billion.W. R. Grace & Co also updated its FY 2018 guidance to $4.00-4.05 EPS.
What price target have analysts set for GRA?
8 brokerages have issued 1 year target prices for W. R. Grace & Co's stock. Their forecasts range from $70.00 to $89.00. On average, they anticipate W. R. Grace & Co's share price to reach $83.3750 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Price Targets for W. R. Grace & Co.
What is the consensus analysts' recommendation for W. R. Grace & Co?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for W. R. Grace & Co in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for W. R. Grace & Co.
Has W. R. Grace & Co been receiving favorable news coverage?
News coverage about GRA stock has trended somewhat positive on Monday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of 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 negative five to five, with scores nearest to five being the most favorable. W. R. Grace & Co earned a daily sentiment score of 1.0 on InfoTrie's scale. They also gave media stories about the specialty chemicals company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are some of W. R. Grace & Co's key competitors?
Some companies that are related to W. R. Grace & Co include Koninklijke DSM (RDSMY), ASAHI KASEI Cor/ADR (AHKSY), FMC (FMC), Johnson Matthey (JMPLY), KURARAY CO LTD/ADR (KURRY), Chemours (CC), Ashland Global (ASH), Huntsman (HUN), Ingevity (NGVT), Olin (OLN), Univar (UNVR), Balchem (BCPC), PQ Group (PQG), GCP Applied Technologies (GCP) and Innospec (IOSP).
Who are W. R. Grace & Co's key executives?
W. R. Grace & Co's management team includes the folowing people:
- Mr. Hudson La Force III, CEO, Pres, COO & Director (Age 53)
- Mr. Mark A. Shelnitz, Sr. VP, Gen. Counsel & Sec. (Age 59)
- Ms. Elizabeth C. Brown, Sr. VP & Chief HR Officer (Age 54)
- Mr. William C. Dockman, Interim CFO, Chief Accounting Officer, VP & Controller (Age 58)
- Mr. Jeremy F. Rohen, VP, Corp. Devel. & Investor Relations
Who are W. R. Grace & Co's major shareholders?
W. R. Grace & Co's stock is owned by many different of retail and institutional investors. Top institutional investors include Iridian Asset Management LLC CT (3.93%), TIAA CREF Investment Management LLC (2.97%), Teachers Advisors LLC (2.41%), Putnam Investments LLC (2.26%), Neuberger Berman Group LLC (1.78%) and Tocqueville Asset Management L.P. (0.78%). Company insiders that own W. R. Grace & Co stock include Alfred E Festa, Elizabeth C Brown, Mark A Shelnitz, North Latitude Fund Lp 40, North Latitude Master Fund 40, Thomas E Blaser and William C Dockman. View Institutional Ownership Trends for W. R. Grace & Co.
Which institutional investors are selling W. R. Grace & Co stock?
GRA stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Putnam Investments LLC, Teachers Advisors LLC, Eos Focused Equity Management L.P., Tocqueville Asset Management L.P., Quantbot Technologies LP, Bank of New York Mellon Corp and Loomis Sayles & Co. L P. View Insider Buying and Selling for W. R. Grace & Co.
Which institutional investors are buying W. R. Grace & Co stock?
GRA stock was bought by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Russell Investments Group Ltd., Neuberger Berman Group LLC, Marshall Wace LLP, Comerica Bank, Paloma Partners Management Co, Oakbrook Investments LLC and Piedmont Investment Advisors Inc.. Company insiders that have bought W. R. Grace & Co stock in the last two years include Alfred E Festa, Elizabeth C Brown, North Latitude Fund Lp 40, North Latitude Master Fund 40 and Thomas E Blaser. View Insider Buying and Selling for W. R. Grace & Co.
How do I buy shares of W. R. Grace & Co?
Shares of GRA 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 W. R. Grace & Co's stock price today?
One share of GRA stock can currently be purchased for approximately $61.22.
How big of a company is W. R. Grace & Co?
W. R. Grace & Co has a market capitalization of $4.10 billion and generates $1.72 billion in revenue each year. The specialty chemicals company earns $11.20 million in net income (profit) each year or $3.40 on an earnings per share basis. W. R. Grace & Co employs 3,700 workers across the globe.
What is W. R. Grace & Co's official website?
How can I contact W. R. Grace & Co?
W. R. Grace & Co's mailing address is 7500 GRACE DRIVE, COLUMBIA MD, 21044. The specialty chemicals company can be reached via phone at 410-531-4000 or via email at [email protected]
MarketBeat Community Rating for W. R. Grace & Co (NYSE GRA)
MarketBeat's community ratings are surveys of what our community members think about W. R. Grace & Co and other stocks. Vote "Outperform" if you believe GRA will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GRA will underperform the S&P 500 over the long term. You may vote once every thirty days.
