PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. Its segments include Color, Additives and Inks; Specialty Engineered Materials; Designed Structures and Solutions; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets. The Specialty Engineered Materials segment provides specialty polymer formulations, services and solutions for designers, assemblers and processors of thermoplastic materials. Its Designed Structures and Solutions segment utilizes a range of polymers, specialty additives and processing technologies. The Performance Products and Solutions segment consists of the Geon Performance Materials and Producer Services business units. As of December 31, 2016, the PolyOne Distribution segment distributed more than 4,000 grades of engineering and commodity grade resins.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Diversified Chemicals
- Sub-Industry: Specialty Chemicals
- Symbol: NYSE:POL
- CUSIP: 73179P10
- Web: www.polyone.com
- Market Cap: $3.01 billion
- Outstanding Shares: 81,755,000
- 50 Day Moving Avg: $38.10
- 200 Day Moving Avg: $35.76
- 52 Week Range: $28.77 - $40.88
Sales & Book Value:
- Trailing P/E Ratio: 18.21
- Foreward P/E Ratio: 14.62
- P/E Growth: 1.75
- Annual Revenue: $3.39 billion
- Price / Sales: 0.89
- Book Value: $8.97 per share
- Price / Book: 4.11
- Annual Dividend: $0.54
- Dividend Yield: 1.4%
- EBIDTA: $408 million
- Net Margins: 5.10%
- Return on Equity: 24.50%
- Return on Assets: 6.65%
- Debt-to-Equity Ratio: 1.74%
- Current Ratio: 1.90%
- Quick Ratio: 1.25%
- Average Volume: 516,817 shs.
- Beta: 1.71
- Short Ratio: 3.66
Frequently Asked Questions for PolyOne Corporation (NYSE:POL)
What is PolyOne Corporation's stock symbol?
PolyOne Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "POL."
How often does PolyOne Corporation pay dividends? What is the dividend yield for PolyOne Corporation?
PolyOne Corporation announced a quarterly dividend on Thursday, July 13th. Stockholders of record on Friday, September 15th will be given a dividend of $0.135 per share on Thursday, October 5th. This represents a $0.54 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend is Thursday, September 14th. View PolyOne Corporation's Dividend History.
How were PolyOne Corporation's earnings last quarter?
PolyOne Corporation (NYSE:POL) announced its earnings results on Tuesday, July, 25th. The company reported $0.63 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.63. The business had revenue of $814.10 million for the quarter, compared to analyst estimates of $812.52 million. PolyOne Corporation had a net margin of 5.10% and a return on equity of 24.50%. The company's revenue for the quarter was up 7.4% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 earnings per share. View PolyOne Corporation's Earnings History.
Where is PolyOne Corporation's stock going? Where will PolyOne Corporation's stock price be in 2017?
3 equities research analysts have issued 1 year target prices for PolyOne Corporation's stock. Their forecasts range from $37.00 to $38.00. On average, they anticipate PolyOne Corporation's stock price to reach $37.67 in the next year. View Analyst Ratings for PolyOne Corporation.
What are analysts saying about PolyOne Corporation stock?
Here are some recent quotes from research analysts about PolyOne Corporation stock:
- 1. According to Zacks Investment Research, "PolyOne Corporation is an international polymer services company with operations in thermoplastic compounds, specialty resins, specialty polymer formulations, engineered films, color and additive systems, elastomer compounding and thermoplastic resin distribution. PolyOne was formed from the consolidation of the former M.A. Hanna Company and The Geon Company. Information on the Company's products and services can be found at www.polyone.com. " (7/4/2017)
- 2. Jefferies Group LLC analysts commented, "We have upgraded our medium-term margin forecasts to give more credit for underlying mix improvement even assuming a still-choppy environment. We forecast a 10% EPS CAGR through 2020E, and a 8% average FCF yield before dividends over the next 4 years. The 2020 targets imply $0.85 EPS upside to our forecast -- and a bridge to ~$4.00 EPS if demand picks up as well." (3/2/2017)
Are investors shorting PolyOne Corporation?
PolyOne Corporation saw a drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,742,693 shares, a drop of 34.7% from the May 31st total of 2,669,914 shares. Based on an average trading volume of 566,699 shares, the days-to-cover ratio is currently 3.1 days. Approximately 2.2% of the company's stock are sold short.
Who are some of PolyOne Corporation's key competitors?
Some companies that are related to PolyOne Corporation include Ternium S.A. (TX), Fibria Celulose S.A. (FBR), Svenska Cellulosa AB (SVCBY), Gerdau S.A. (GGB), Royal Gold (RGLD), Scotts Miracle-Gro Company (The) (SMG), Johnson Matthey PLC (JMAT), NewMarket Corporation (NEU), Cytec Industries (CYT), Kinross Gold Corporation (KGC), Olin Corporation (OLN), Ssab Svenskt (SSAAY), Lundin Mining Corp. (LUNMF), W.R. Grace & Co. (GRA), Valvoline (VVV), DS Smith plc (SMDS), United States Steel Corporation (X) and Univar (UNVR).
Who are PolyOne Corporation's key executives?
PolyOne Corporation's management team includes the folowing people:
- Robert M. Patterson, Chairman of the Board, President, Chief Executive Officer
- Bradley C. Richardson, Chief Financial Officer, Executive Vice President
- Joao Jose San Martin Neto, Chief Human Resource Officer, Senior Vice President
- Lisa K. Kunkle, Senior Vice President, General Counsel, Secretary
- Richard N. Altice, Senior Vice President, President - Designed Structures and Solutions
- Mark D. Crist, Senior Vice President, President of Color - Additives
- Michael A. Garratt, Senior Vice President, Chief Commercial Officer
- Scott Horn, Senior Vice President, President - Distribution
- M. John Midea Jr., Senior Vice President - Global Operations and Process Improvement
- Craig M. Nikrant, Senior Vice President , President - Specialty Engineered Materials
Who owns PolyOne Corporation stock?
PolyOne Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include RE Advisers Corp (2.27%), Vaughan Nelson Investment Management L.P. (1.62%), GW&K Investment Management LLC (1.16%), Public Employees Retirement Association of Colorado (0.66%), Russell Investments Group Ltd. (0.54%) and Dalton Greiner Hartman Maher & Co. (0.49%). Company insiders that own PolyOne Corporation stock include Hulle John V Van, Lisa K Kunkle, Stephen D Newlin and William R Jellison. View Institutional Ownership Trends for PolyOne Corporation.
Who sold PolyOne Corporation stock? Who is selling PolyOne Corporation stock?
PolyOne Corporation's stock was sold by a variety of institutional investors in the last quarter, including Hartford Investment Management Co., Municipal Employees Retirement System of Michigan, Adams Diversified Equity Fund Inc., Dalton Greiner Hartman Maher & Co., Creative Planning and Capstone Asset Management Co.. Company insiders that have sold PolyOne Corporation stock in the last year include Hulle John V Van and Lisa K Kunkle. View Insider Buying and Selling for PolyOne Corporation.
Who bought PolyOne Corporation stock? Who is buying PolyOne Corporation stock?
PolyOne Corporation's stock was bought by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., GW&K Investment Management LLC, Aperio Group LLC, Legato Capital Management LLC, Round Table Services LLC, ING Groep NV, Parametrica Management Ltd and Campbell & CO Investment Adviser LLC. View Insider Buying and Selling for PolyOne Corporation.
How do I buy PolyOne Corporation stock?
Shares of PolyOne Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is PolyOne Corporation's stock price today?
MarketBeat Community Rating for PolyOne Corporation (NYSE POL)MarketBeat's community ratings are surveys of what our community members think about PolyOne Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of PolyOne Corporation stock can currently be purchased for approximately $36.85.
Consensus Ratings for PolyOne Corporation (NYSE:POL) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.33)|
|Consensus Price Target: ||$37.67 (2.22% upside)|
Analysts' Ratings History for PolyOne Corporation (NYSE:POL)
(Data available from 7/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/6/2017||Jefferies Group LLC||Reiterated Rating||Hold||$38.00||Low|
|1/30/2017||Robert W. Baird||Boost Price Target||Outperform||$34.00 -> $37.00||N/A|
|7/27/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$42.00 -> $38.00||N/A|
|6/30/2016||Wellington Shields||Upgrade||Hold -> Gradually Accumulate||N/A|
|4/27/2016||Seaport Global Securities||Upgrade||Accumulate -> Buy||$37.00 -> $41.00||N/A|
|4/4/2016||KeyCorp||Boost Price Target||Overweight||$34.00 -> $37.00||N/A|
|2/4/2016||Northcoast Research||Downgrade||Buy -> Neutral||N/A|
|7/28/2015||Longbow Research||Downgrade||Buy -> Neutral||N/A|
Earnings History for PolyOne Corporation (NYSE:POL)Earnings History by Quarter for PolyOne Corporation (NYSE POL)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/25/2017||Q2 2017||$0.63||$0.63||$812.52 million||$814.10 million||View||N/A|
|4/27/2017||Q1 2017||$0.53||$0.59||$860.52 million||$899.00 million||View||N/A|
|1/27/2017||Q416||$0.37||$0.38||$774.12 million||$787.70 million||View||Listen|
|10/26/2016||Q316||$0.56||$0.56||$840.68 million||$844.00 million||View||Listen|
|7/27/2016||Q216||$0.61||$0.63||$879.38 million||$861.50 million||View||Listen|
|4/26/2016||Q116||$0.49||$0.56||$839.87 million||$847.00 million||View||Listen|
|2/3/2016||Q415||$0.42||$0.39||$790.48 million||$775.80 million||View||Listen|
|10/27/2015||Q315||$0.53||$0.54||$876.59 million||$842.00 million||View||Listen|
|7/27/2015||Q215||$0.58||$0.57||$953.51 million||$887.10 million||View||Listen|
|4/30/2015||Q115||$0.47||$0.46||$962.62 million||$873.10 million||View||Listen|
|1/27/2015||Q414||$0.34||$0.36||$890.20 million||$869.00 million||View||Listen|
|10/23/2014||Q314||$0.48||$0.49||$994.80 million||$958.40 million||View||Listen|
|7/21/2014||Q214||$0.50||$0.51||$1.07 billion||$1.01 billion||View||Listen|
|4/30/2014||Q114||$0.39||$0.44||$1.02 billion||$1.00 billion||View||Listen|
|1/29/2014||Q413||$0.25||$0.26||$892.00 million||$924.00 million||View||Listen|
|10/25/2013||$0.34||$0.36||$977.15 million||$1.01 billion||View||Listen|
|7/30/2013||Q2 2013||$0.35||$0.39||$1.02 billion||$1.04 billion||View||Listen|
|5/1/2013||Q1 2013||$0.26||$0.31||$808.05 million||$801.10 million||View||Listen|
|1/29/2013||Q4 2012||$0.21||$0.21||$670.78 million||$679.40 million||View||Listen|
Earnings Estimates for PolyOne Corporation (NYSE:POL)
2017 EPS Consensus Estimate: $2.16
2018 EPS Consensus Estimate: $2.64
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for PolyOne Corporation (NYSE:POL)
|Dividend Growth:||27.80% (3 Year Average)|
|Payout Ratio:||26.21% (Trailing 12 Months of Earnings) |
24.22% (Based on This Year's Estimates)
21.43% (Based on Next Year's Estimates)
|Track Record:||5 Years of Consecutive Dividend Growth|
Dividend History by Quarter for PolyOne Corporation (NYSE POL)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for PolyOne Corporation (NYSE:POL)
Insider Ownership Percentage: 1.62%Insider Trades by Quarter for PolyOne Corporation (NYSE:POL)
Institutional Ownership Percentage: 95.84%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|2/3/2017||Hulle John V Van||SVP||Sell||45,898||$34.59||$1,587,611.82|| |
|1/31/2017||Lisa K Kunkle||SVP||Sell||10,223||$33.90||$346,559.70|| |
|2/4/2016||William R Jellison||Director||Buy||4,000||$24.84||$99,360.00|| |
|12/4/2015||Stephen D. Newlin||Chairman||Sell||43,493||$34.47||$1,499,203.71|| |
|11/9/2015||William R Jellison||Director||Buy||3,000||$33.90||$101,700.00|| |
|6/18/2015||William Howard Powell||Director||Sell||7,900||$39.72||$313,788.00|| |
|6/5/2015||Michael E Kahler||SVP||Sell||10,000||$39.00||$390,000.00|| |
|6/3/2015||Craig M Nikrant||SVP||Sell||8,000||$39.28||$314,240.00|| |
|3/5/2015||Stephen D Newlin||Chairman||Sell||25,128||$40.02||$1,005,622.56|| |
|10/27/2014||Hulle John V Van||SVP||Buy||3,000||$35.63||$106,890.00|| |
|9/18/2014||Robert M Patterson||CEO||Buy||10,000||$35.28||$352,800.00|| |
|9/18/2014||Stephen D Newlin||Chairman||Buy||7,000||$35.18||$246,260.00|| |
|9/2/2014||Thomas J Kedrowski||EVP||Sell||190,000||$39.21||$7,449,900.00|| |
|8/27/2014||Craig M Nikrant||SVP||Sell||6,400||$39.37||$251,968.00|| |
|8/4/2014||Julie A Mcalindon||SVP||Sell||2,400||$38.38||$92,112.00|| |
|6/24/2014||William Howard Powell||Director||Sell||10,000||$41.74||$417,400.00|| |
|6/13/2014||Michael E Kahler||SVP||Sell||10,000||$40.66||$406,600.00|| |
|6/2/2014||Kerry J Preete||Director||Buy||3,745||$40.06||$150,024.70|| |
|5/23/2014||Kenneth Smith||SVP||Sell||34,400||$38.84||$1,336,096.00|| |
|5/7/2014||Julie Mcalindon||SVP||Sell||2,103||$38.31||$80,565.93|| |
|3/13/2014||Bradley Richardson||CFO||Buy||7,000||$37.07||$259,490.00|| |
|2/26/2014||Craig Nikrant||SVP||Sell||20,000||$36.71||$734,200.00|| |
|2/21/2014||Stephen Newlin||CEO||Sell||41,268||$36.17||$1,492,663.56|| |
|2/18/2014||Stephen Newlin||CEO||Sell||66,194||$36.05||$2,386,293.70|| |
|12/23/2013||Stephen Newlin||CEO||Sell||26,423||$35.05||$926,126.15|| |
|12/12/2013||Michael Kahler||SVP||Sell||12,500||$33.57||$419,625.00|| |
|11/14/2013||Hulle John Van||SVP||Sell||30,000||$30.88||$926,400.00|| |
|9/19/2013||Carol Cartwright||Director||Sell||4,592||$29.79||$136,795.68|| |
|8/8/2013||Stephen Newlin||CEO||Sell||28,017||$28.73||$804,928.41|| |
|8/2/2013||Robert Patterson||COO||Sell||70,461||$28.92||$2,037,732.12|| |
|8/1/2013||Michael E Kahler||SVP||Sell||30,092||$29.44||$885,908.48|| |
|8/1/2013||Stephen D Newlin||CEO||Sell||35,292||$29.11||$1,027,350.12|| |
|7/15/2013||Stephen D Newlin||CEO||Sell||26,423||$27.57||$728,482.11|| |
|6/13/2013||Sandra Beach Lin||Director||Buy||2,000||$25.42||$50,840.00|| |
|6/7/2013||Kenneth M Smith||SVP||Sell||20,000||$25.15||$503,000.00|| |
|6/5/2013||Craig M Nikrant||SVP||Sell||20,000||$24.55||$491,000.00|| |
|5/13/2013||Richard J Diemer Jr||CFO||Buy||10,000||$24.17||$241,700.00|| |
|12/4/2012||Hulle John V Van||SVP||Sell||20,000||$20.37||$407,400.00|| |
|9/5/2012||Kurt C Schuering||SVP||Buy||16,146||$15.49||$250,101.54|| |
|8/9/2012||Hulle John V Van||SVP||Sell||9,700||$15.94||$154,618.00|| |
Headline Trends for PolyOne Corporation (NYSE:POL)
Latest Headlines for PolyOne Corporation (NYSE:POL)
PolyOne Corporation (POL) Chart for Wednesday, July, 26, 2017