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 Price Performance

NYSE:UNVR traded down $0.72 during trading hours on Friday, hitting $26.51. 27,431 shares of the company's stock traded hands, compared to its average volume of 1,124,173. The firm has a market cap of $4.42 billion, a P/E ratio of 7.96, a P/E/G ratio of 0.54 and a beta of 1.68. Univar Solutions has a 52 week low of $21.56 and a 52 week high of $34.00. The business's fifty day simple moving average is $25.87 and its two-hundred day simple moving average is $28.74. The company has a quick ratio of 1.33, a current ratio of 2.04 and a debt-to-equity ratio of 0.96.

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

Analysts Set New Price Targets

UNVR has been the subject of several recent research reports. Wells Fargo & Company upgraded Univar Solutions from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $30.00 to $36.00 in a research report on Wednesday, May 25th. Berenberg Bank lifted their price target on Univar Solutions from $37.50 to $40.00 in a research report on Thursday, May 26th. StockNews.com cut 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 target 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, Based on data from MarketBeat.com, Univar Solutions currently has an average rating of "Buy" and an average price target of $35.40.

Insiders Place Their Bets

In other news, Director Christopher D. Pappas purchased 3,414 shares of the company's stock in a transaction on Wednesday, June 1st. The stock was purchased at an average price of $30.96 per share, with a total value of $105,697.44. Following the completion of the purchase, the director now directly owns 155,502 shares in the company, valued at approximately $4,814,341.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Christopher D. Pappas purchased 3,414 shares of the company's stock in a transaction on Wednesday, June 1st. The stock was purchased at an average price of $30.96 per share, with a total value of $105,697.44. Following the completion of the purchase, the director now directly owns 155,502 shares in the company, valued at approximately $4,814,341.92. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO David Jukes sold 50,000 shares of Univar Solutions stock in a transaction dated Friday, June 3rd. The stock was sold at an average price of $32.00, for a total value of $1,600,000.00. Following the sale, the chief executive officer now directly owns 249,381 shares of the company's stock, valued at approximately $7,980,192. The disclosure for this sale can be found here. Insiders bought a total of 34,414 shares of company stock valued at $920,527 over the last 90 days. Insiders own 0.92% of the company's stock.