NYSE:NPNeenah Stock Price, Forecast & News

$50.56

-1.82 (-3.47 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$50.22

Now: $50.56▼

$51.82

50-Day Range

$42.16

MA: $46.82▼

$56.46

52-Week Range

$33.44

Now: $50.56▼

$77.55

Volume104,292 shs

Average Volume144,718 shs

Market Capitalization$848.90 million

P/E Ratio14.32

Dividend Yield3.72%

Beta1.42

Neenah, Inc. produces and sells technical products, and fine paper and packaging products worldwide. Its Technical Products segment offers filtration media for transportation, water, and other uses; saturated and unsaturated crepe, and flat paper tapes; and coated lightweight abrasive papers for automotive, construction, metal, and woodworking industries. It also provides digital image transfer media; label and tag products for digital printing; latex saturated and coated, premask, medical packaging, digital transfer, publishing, security, clean room and durable printing, and release papers; and furniture backers. The company's Fine Paper and Packaging segment provides writing, text, cover, and specialty papers; and envelopes used in commercial printing services, corporate identity packages, and advertising collaterals. It also provides packaging products for retail, cosmetics, spirits, and electronics end-use markets; bright papers for direct mails, advertising inserts, scrapbooks, and marketing collaterals; business papers for professionals and small businesses; translucent and art papers; and papers for optical scanning and other specialized applications. Its Other segment offers papers for end uses, such as covering materials for datebooks, diaries, yearbooks, and photo albums. The company markets its products under the JET-PRO SofStretch, KIMDURA, PREVAIL, NEENAH, GESSNER, CLASSIC, CLASSIC CREST, ESSE, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH, TOUCHE, CRANE'S CREST, CRANE'S BOND, CRANE'S LETTRA, SO...SILK, PLIKE, STARDREAM, Neenah Wide Format, CONVERD, ESTATE LABEL, PELLAQ, KIVAR, SKIVERTEX, ILLUSIO, SENZO, ASTROBRIGHTS, NEENAH IMAGEMAX, and CREATIVE COLLECTION names through authorized paper distributors, converters, retailers, and specialty businesses; and directly. The company was formerly known as Neenah Paper, Inc. and changed its name to Neenah, Inc. in January 2018. Neenah, Inc. was founded in 2004 and is headquartered in Alpharetta, Georgia.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
Neenah has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $58.50, Neenah has a potential upside of 15.7% from its current price of $50.56.
Amount of Analyst Coverage
Neenah has only been the subject of 2 research reports in the past 90 days.

2.0 Community Rank

Outperform Votes
Neenah has received 161 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Neenah has received 240 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Neenah has received 59.85% “underperform” votes from our community.

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

4.2 Dividend Strength

Dividend Leadership
Neenah is a leading dividend payer. It pays a dividend yield of 3.72%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Neenah has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Neenah is 54.18 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Neenah will have a dividend payout ratio of 70.68 % next year. This indicates that Neenah will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Neenah insiders have bought more of their company's stock than they have sold. Specifically, they have bought $297,780.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.60% of the stock of Neenah is held by insiders.
Percentage Held by Institutions
90.48% of the stock of Neenah is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Neenah are expected to grow by 28.50% in the coming year, from $2.07 to $2.66 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Neenah is 14.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Neenah is 14.32, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 20.18.
Price to Book Value per Share Ratio
Neenah has a P/B Ratio of 2.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.86 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Paper mills

Sub-IndustryPaper Products

SectorBasic Materials

Current SymbolNYSE:NP

Previous Symbol

CUSIP64007910

CIK1296435

Webwww.neenah.com

Phone678-566-6500

Debt

Debt-to-Equity Ratio0.70

Current Ratio3.08

Quick Ratio1.90

Price-To-Earnings

Trailing P/E Ratio14.32

Forward P/E Ratio24.43

P/E GrowthN/A

Sales & Book Value

Annual Sales$938.50 million

Price / Sales0.90

Cash Flow$5.82 per share

Price / Cash Flow8.68

Book Value$24.41 per share

Price / Book2.07

Profitability

EPS (Most Recent Fiscal Year)$3.47

Net Income$55.40 million

Net Margins6.43%

Return on Equity16.26%

Return on Assets7.73%

Miscellaneous

Employees2,324

Outstanding Shares16,790,000

Market Cap$848.90 million

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Neenah (NYSE:NP) Frequently Asked Questions

How has Neenah's stock been impacted by COVID-19 (Coronavirus)?

Neenah's stock was trading at $49.89 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NP shares have increased by 1.3% and is now trading at $50.56. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Neenah?

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

When is Neenah's next earnings date?

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

How were Neenah's earnings last quarter?

Neenah Inc (NYSE:NP) issued its earnings results on Friday, May, 8th. The basic materials company reported $1.12 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.92 by $0.20. The basic materials company had revenue of $233.60 million for the quarter. Neenah had a return on equity of 16.26% and a net margin of 6.43%. During the same period in the previous year, the company earned $0.69 earnings per share. View Neenah's earnings history.

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

Neenah announced a quarterly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be paid a dividend of $0.47 per share on Tuesday, June 2nd. This represents a $1.88 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Thursday, May 14th. View Neenah's dividend history.

What price target have analysts set for NP?

2 brokerages have issued twelve-month price targets for Neenah's shares. Their forecasts range from $55.00 to $62.00. On average, they expect Neenah's share price to reach $58.50 in the next year. This suggests a possible upside of 15.7% from the stock's current price. View analysts' price targets for Neenah.

Has Neenah been receiving favorable news coverage?

News headlines about NP stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive media 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. Neenah earned a news impact score of -3.3 on InfoTrie's scale. They also gave media coverage about the basic materials company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutNeenah.

Are investors shorting Neenah?

Neenah saw a decrease in short interest in May. As of May 15th, there was short interest totaling 198,400 shares, a decrease of 27.3% from the April 30th total of 273,000 shares. Based on an average trading volume of 129,800 shares, the days-to-cover ratio is currently 1.5 days. Currently, 1.2% of the company's stock are short sold. View Neenah's Current Options Chain.

Who are some of Neenah's key competitors?

Some companies that are related to Neenah include International Paper (IP), Black Knight (BKI), Domtar (UFS), Schweitzer-Mauduit International (SWM), P H Glatfelter (GLT), Clearwater Paper (CLW) and Resolute Forest Products (RFP). View all competitors.

What other stocks do shareholders of Neenah own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Neenah investors own include Home Depot (HD), Procter & Gamble (PG), Altria Group (MO), CVS Health (CVS), Honeywell International (HON), Cisco Systems (CSCO), Pfizer (PFE), AT&T (T), Verizon Communications (VZ) and Alibaba Group (BABA).

Who are Neenah's key executives?

Neenah's management team includes the following people:

Mr. John P. O'Donnell, CEO, Pres & Director (Age 59)
Ms. Bonnie J. Cruickshank-Lind, Sr. VP, CFO & Treasurer (Age 61)
Mr. Matthew L. Duncan, Sr. VP & Chief Human Resource Officer (Age 46)
Ms. Julie A. Schertell, Sr. VP & Pres of Technical Products (Age 50)
Mr. Byron Jason Racki, Sr. VP and Pres of Fine Paper & Packaging (Age 42)

What is Neenah's stock symbol?

Neenah trades on the New York Stock Exchange (NYSE) under the ticker symbol "NP."

Who are Neenah's major shareholders?

Neenah's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.04%), Wells Fargo & Company MN (8.85%), Wellington Management Group LLP (7.12%), State Street Corp (3.42%), Copeland Capital Management LLC (1.61%) and Geode Capital Management LLC (1.53%). Company insiders that own Neenah stock include Armin Schwinn, Bonnie Cruickshank Lind, Byron Jason Racki, John F Mcgovern, John P O'donnell, Julie Schertell, Larry Newton Brownlee, Margaret S Dano, Matthew L Duncan, Noah Samuel Benz, Paul F Desantis, Philip C Moore, Sean T Erwin and Timothy S Lucas. View institutional ownership trends for Neenah.

Which institutional investors are selling Neenah stock?

NP stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, BlackRock Inc., Russell Investments Group Ltd., Public Sector Pension Investment Board, New York State Common Retirement Fund, NWQ Investment Management Company LLC, Two Sigma Investments LP, and Citigroup Inc.. Company insiders that have sold Neenah company stock in the last year include Bonnie Cruickshank Lind, Byron Jason Racki, John P O'donnell, Julie Schertell, Larry Newton Brownlee, and Philip C Moore. View insider buying and selling activity for Neenah.

Which institutional investors are buying Neenah stock?

NP stock was acquired by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Morgan Stanley, Morgan Stanley, Deutsche Bank AG, Wells Fargo & Company MN, State Street Corp, Investment Counselors of Maryland LLC, and Thrivent Financial for Lutherans. View insider buying and selling activity for Neenah.

How do I buy shares of Neenah?

Shares of NP 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 Neenah's stock price today?

One share of NP stock can currently be purchased for approximately $50.56.

How big of a company is Neenah?

Neenah has a market capitalization of $848.90 million and generates $938.50 million in revenue each year. The basic materials company earns $55.40 million in net income (profit) each year or $3.47 on an earnings per share basis. Neenah employs 2,324 workers across the globe.

What is Neenah's official website?

The official website for Neenah is www.neenah.com.

How can I contact Neenah?

Neenah's mailing address is 3460 PRESTON RIDGE ROAD, ALPHARETTA GA, 30005. The basic materials company can be reached via phone at 678-566-6500 or via email at [email protected]

This page was last updated on 5/31/2020 by MarketBeat.com Staff