Univar Solutions - UNVR Stock Forecast, Price & News

Univar Solutions Inc. distributes commodity and specialty chemical products, and provides related services worldwide. It offers epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, plasticizers, silicones, and specialty amines; ingredients for cleaners, detergents, and disinfectant products; and base stocks, performance-enhancing additives for lubricants and metalworking fluids. The company also distributes specialty and basic chemicals, and ingredients used in skin and hair care products; and commodity and specialty products for meat processing, baked goods, dairy, grain mill products, processed foods, carbonated soft drinks, fruit drinks, and alcoholic beverage markets, as well as provides excipients, solvents, reactants, active pharmaceutical ingredients, and intermediates to pharmaceutical ingredient producers. In addition, it offers chemical products for use at various stages of production, from sap stain prevention to pulp and paper manufacturing; and chemistries and products used to sanitize, balance, and supplement municipal and industrial water. Further, the company provides chemicals to midstream pipeline and downstream refinery operators, as well as chemicals and services to upstream oil and gas sector for offshore production, oil extraction, and waste management activities. Additionally, it offers transportation and warehousing services, chemicals and hazardous materials handling, waste management services, inventory management, and blending, mixing, and repackaging services. Univar Solutions Inc. distributes its products through warehouse and direct-to-consumer delivery channels. The company was formerly known as Univar Inc. and changed its name to Univar Solutions Inc. in September 2019. Univar Solutions Inc. was founded in 1924 and is headquartered in Downers Grove, Illinois.

Univar Solutions Stock Performance

UNVR Stock traded down $0.24 during trading on Tuesday, reaching $25.59. 726,217 shares of the company's stock were exchanged, compared to its average volume of 1,295,734. The company has a quick ratio of 1.33, a current ratio of 2.04 and a debt-to-equity ratio of 0.96. The firm has a market cap of $4.27 billion, a PE ratio of 7.48, a P/E/G ratio of 0.52 and a beta of 1.69. The company's fifty day moving average price is $26.55 and its 200-day moving average price is $28.75. Univar Solutions has a 1-year low of $21.56 and a 1-year high of $34.00.

Univar Solutions (NYSE:UNVR - Get Rating) last announced its quarterly earnings data on Monday, August 1st. The basic materials company reported $1.00 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.10. The business had revenue of $3.02 billion during the quarter, compared to analyst estimates of $2.99 billion. Univar Solutions had a return on equity of 23.57% and a net margin of 5.37%. The company's revenue was up 26.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.57 earnings per share. On average, research analysts expect that Univar Solutions will post 3.39 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on UNVR. Berenberg Bank boosted their price target on Univar Solutions from $37.50 to $40.00 in a report on Thursday, May 26th. Wells Fargo & Company upgraded Univar Solutions from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $30.00 to $36.00 in a research report on Wednesday, May 25th. StockNews.com lowered Univar Solutions from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 12th. Finally, Bank of America reduced their price objective on Univar Solutions from $36.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, July 13th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $35.40.

Insider Activity

In other news, Director Christopher D. Pappas acquired 2,000 shares of the business's stock in a transaction dated Tuesday, June 14th. The stock was acquired at an average price of $28.68 per share, for a total transaction of $57,360.00. Following the completion of the acquisition, the director now directly owns 157,502 shares in the company, valued at approximately $4,517,157.36. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, Director Christopher D. Pappas bought 2,000 shares of the business's stock in a transaction dated Tuesday, June 14th. The shares were bought at an average cost of $28.68 per share, with a total value of $57,360.00. Following the completion of the transaction, the director now directly owns 157,502 shares of the company's stock, valued at $4,517,157.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Christopher D. Pappas bought 3,414 shares of the business's stock in a transaction dated Wednesday, June 1st. The shares were bought at an average cost of $30.96 per share, for a total transaction of $105,697.44. Following the completion of the transaction, the director now directly owns 155,502 shares of the company's stock, valued at $4,814,341.92. The disclosure for this purchase can be found here. Insiders bought a total of 14,414 shares of company stock worth $402,027 over the last 90 days. 1.68% of the stock is currently owned by company insiders.