NYSE:NEU

NewMarket Stock Forecast, Price & News

$346.73

+0.78 (+0.23 %)

(As of 09/28/2020 02:07 AM ET)

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Today's Range

$342.02

Now: $346.73▼

$347.53

50-Day Range

$344.29

MA: $368.42▼

$383.29

52-Week Range

$304.65

Now: $346.73▼

$505.16

Volume21,800 shs

Average Volume53,742 shs

Market Capitalization$3.79 billion

P/E Ratio17.11

Dividend Yield2.19%

Beta0.47

NewMarket Corporation, through its subsidiaries, engages in the petroleum additives businesses. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, metalworking fluids, and other applications where metal-to-metal moving parts are utilized; and engine oil, driveline, and industrial additives. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. The company has operations in the United States, Europe, the Asia Pacific, India, Latin America, Canada, and the Middle East. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for NewMarket.

2.2 Community Rank

Outperform Votes
NewMarket has received 191 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
NewMarket has received 245 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
NewMarket has received 56.19% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about NewMarket and other stocks. Vote “Outperform” if you believe NEU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NEU will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.8 Dividend Strength

Dividend Yield
NewMarket pays a meaningful dividend of 2.19%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
NewMarket has only been increasing its dividend for 1 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NewMarket insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 16.94% of the stock of NewMarket is held by insiders.
Percentage Held by Institutions
56.71% of the stock of NewMarket is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NewMarket is 17.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of NewMarket is 17.11, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 34.21.
Price to Book Value per Share Ratio
NewMarket has a P/B Ratio of 5.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.06 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Industrial organic chemicals

Sub-IndustrySpecialty Chemicals

SectorBasic Materials

Current SymbolNYSE:NEU

Previous Symbol

CUSIP65158710

CIK1282637

Webwww.newmarket.com

Phone804-788-5000

Debt

Debt-to-Equity Ratio1.09

Current Ratio3.38

Quick Ratio1.86

Price-To-Earnings

Trailing P/E Ratio17.11

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.19 billion

Price / Sales1.73

Cash Flow$28.75 per share

Price / Cash Flow12.06

Book Value$61.05 per share

Price / Book5.68

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$254.29 million

Net Margins10.96%

Return on Equity34.91%

Return on Assets12.22%

Miscellaneous

Employees2,089

Outstanding Shares10,924,000

Market Cap$3.79 billion

Next Earnings Date10/28/2020 (Estimated)

OptionableOptionable

$346.73

+0.78 (+0.23 %)

(As of 09/28/2020 02:07 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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NewMarket (NYSE:NEU) Frequently Asked Questions

How has NewMarket's stock price been impacted by Coronavirus?

NewMarket's stock was trading at $397.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NEU stock has decreased by 12.7% and is now trading at $346.73.
View which stocks have been most impacted by COVID-19.

When is NewMarket's next earnings date?

NewMarket is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for NewMarket.

How were NewMarket's earnings last quarter?

NewMarket Co. (NYSE:NEU) released its quarterly earnings data on Wednesday, July, 29th. The specialty chemicals company reported $2.05 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $7.13 by $5.08. The specialty chemicals company had revenue of $410.86 million for the quarter. NewMarket had a net margin of 10.96% and a return on equity of 34.91%.
View NewMarket's earnings history.

How often does NewMarket pay dividends? What is the dividend yield for NewMarket?

NewMarket declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 15th will be paid a dividend of $1.90 per share on Thursday, October 1st. This represents a $7.60 annualized dividend and a yield of 2.19%. The ex-dividend date is Monday, September 14th.
View NewMarket's dividend history.

Are investors shorting NewMarket?

NewMarket saw a decline in short interest during the month of September. As of September 15th, there was short interest totaling 155,600 shares, a decline of 17.8% from the August 31st total of 189,300 shares. Based on an average daily trading volume, of 44,100 shares, the short-interest ratio is presently 3.5 days. Approximately 1.9% of the shares of the company are short sold.
View NewMarket's Short Interest.

Who are some of NewMarket's key competitors?

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

What other stocks do shareholders of NewMarket own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NewMarket investors own include Exxon Mobil (XOM), Caterpillar (CAT), Illinois Tool Works (ITW), Altria Group (MO), Carnival (CCL), Colgate-Palmolive (CL), Cummins (CMI), Eastman Chemical (EMN), Gilead Sciences (GILD) and Corning (GLW).

Who are NewMarket's key executives?

NewMarket's management team includes the following people:

Mr. Thomas E. Gottwald, Chairman, Pres & CEO (Age 58)
Mr. Brian D. Paliotti, VP & CFO (Age 42)
Mr. Bruce R. Hazelgrove III, Exec. VP & Chief Admin. Officer (Age 58)
Mr. M. Rudolph West, VP, Gen. Counsel & Sec. (Age 65)
Ms. Regina Anne Harm, Pres of Afton Chemical Corp. (Age 54)

What is NewMarket's stock symbol?

NewMarket trades on the New York Stock Exchange (NYSE) under the ticker symbol "NEU."

Who are NewMarket's major shareholders?

NewMarket's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (7.31%), Bank of America Corp DE (6.59%), London Co. of Virginia (5.41%), Neuberger Berman Group LLC (1.45%), AQR Capital Management LLC (1.10%) and Bank of New York Mellon Corp (0.97%). Company insiders that own NewMarket stock include Bruce R Hazelgrove III, James E Rogers and Thomas E Gottwald.
View institutional ownership trends for NewMarket.

Which institutional investors are selling NewMarket stock?

NEU stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Vanguard Group Inc., Bank of America Corp DE, Bank of Nova Scotia, Charles Schwab Investment Management Inc., Russell Investments Group Ltd., Man Group plc, and First Republic Investment Management Inc..
View insider buying and selling activity for NewMarket.

Which institutional investors are buying NewMarket stock?

NEU stock was bought by a variety of institutional investors in the last quarter, including London Co. of Virginia, Assenagon Asset Management S.A., Bessemer Group Inc., LSV Asset Management, UBS Group AG, Robeco Institutional Asset Management B.V., Teacher Retirement System of Texas, and AJO LP.
View insider buying and selling activity for NewMarket.

How do I buy shares of NewMarket?

Shares of NEU 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.

What is NewMarket's stock price today?

One share of NEU stock can currently be purchased for approximately $346.73.

How big of a company is NewMarket?

NewMarket has a market capitalization of $3.79 billion and generates $2.19 billion in revenue each year. NewMarket employs 2,089 workers across the globe.

What is NewMarket's official website?

The official website for NewMarket is www.newmarket.com.

How can I contact NewMarket?

NewMarket's mailing address is 330 SOUTH FOURTH STREET, RICHMOND VA, 23219. The specialty chemicals company can be reached via phone at 804-788-5000 or via email at [email protected]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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