About Versum Materials (NYSE:VSM)
Versum Materials, Inc. is a provider of solutions to the semiconductor and display industries. The Company is engaged in the development, manufacturing, transportation and handling of specialty materials. Its segments include Materials; Delivery Systems and Services (DS&S), and Corporate. The Materials segment is an integrated provider of specialty materials for the electronics industry, focusing on the integrated circuit and flat-panel display markets. The DS&S segment designs, manufactures, installs, operates, and maintains chemical and gas delivery and distribution systems for specialty gases and chemicals delivered directly to its customers' manufacturing tools. The Company is engaged in molecular design and synthesis, purification, advanced analytics, formulation development and containers and delivery systems for the handling of high purity materials.
Industry, Sector and Symbol:
- Industry: Specialty Chemicals
- Sub-Industry: N/A
- Sector: Basic Materials
- Symbol: NYSE:VSM
- CUSIP: N/A
- Web: www.versummaterials.com
- Debt-to-Equity Ratio: 39.72%
- Current Ratio: 3.84%
- Quick Ratio: 2.88%
Sales & Book Value:
- Trailing P/E Ratio: 20.46
- Forward P/E Ratio: 19.05
- P/E Growth: 1.68
- Annual Sales: $1.13 billion
- Price / Sales: 3.88
- Cash Flow: $2.42 per share
- Price / Cash: 16.59
- Book Value: $0.23 per share
- Price / Book: 174.78
- Annual Dividend: $0.20
- Dividend Yield: 0.5%
- Trailing EPS: $1.77
- Net Income: $193 million
- Net Margins: 17.13%
- Return on Equity: -457.02%
- Return on Assets: 17.84%
- Employees: 980
- Outstanding Shares: 108,800,000
Frequently Asked Questions for Versum Materials (NYSE:VSM)
What is Versum Materials' stock symbol?
Versum Materials trades on the New York Stock Exchange (NYSE) under the ticker symbol "VSM."
How often does Versum Materials pay dividends? What is the dividend yield for Versum Materials?
Versum Materials announced a quarterly dividend on Tuesday, October 31st. Investors of record on Monday, November 13th will be paid a dividend of $0.05 per share on Monday, November 27th. This represents a $0.20 annualized dividend and a dividend yield of 0.50%. The ex-dividend date of this dividend is Friday, November 10th. View Versum Materials' Dividend History.
How were Versum Materials' earnings last quarter?
Versum Materials Inc. (NYSE:VSM) issued its quarterly earnings data on Thursday, November, 9th. The basic materials company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The basic materials company had revenue of $294.50 million for the quarter, compared to analyst estimates of $281.39 million. Versum Materials had a net margin of 17.13% and a negative return on equity of 457.02%. The business's revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter last year, the business earned $0.44 EPS. View Versum Materials' Earnings History.
When will Versum Materials make its next earnings announcement?
Where is Versum Materials' stock going? Where will Versum Materials' stock price be in 2017?
10 equities research analysts have issued twelve-month target prices for Versum Materials' stock. Their forecasts range from $4.00 to $47.00. On average, they anticipate Versum Materials' stock price to reach $36.11 in the next year. View Analyst Ratings for Versum Materials.
What are Wall Street analysts saying about Versum Materials stock?
Here are some recent quotes from research analysts about Versum Materials stock:
- 1. According to Zacks Investment Research, "Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company's primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. " (11/11/2017)
- 2. Aegis analysts commented, "Versum is a supplier of high purity gases, specialty materials and equipment used by semiconductor and displays manufacturing industries. Since the Company's creation via tax-free spin Air Products last Fall, VSM shares have performed well, appreciating ~33% compared to the S&P's ~10% gain. Electronic materials suppliers, including Versum along with peers Cabot Microelectronics (CCMP) and Entegris (ENTG), are in the process of being re-rated higher, we believe, as a result of sustainably-favorable developments in the semiconductor end-market which these companies serve. Because of the secular nature of this fundamental inflection, we would want to have some long exposure to this space. However, we see a more compelling risk/reward associated with Versum's peer Entegris. Our price objective for VSM implies additional appreciation from current levels, but not enough to justify a Buy recommendation. Hence, our Hold rating." (3/17/2017)
Who are some of Versum Materials' key competitors?
Some companies that are related to Versum Materials include Huntsman Corporation (HUN), Orica Ltd (ORI), Johnson Matthey Plc (JMAT), Croda International plc (CRDA), Cytec Industries (CYT), W.R. Grace & Co. (GRA), Valvoline (VVV), Cabot Corporation (CBT), Kronos Worldwide (KRO), Sensient Technologies Corporation (SXT), Trinseo S.A. (TSE), Platform Specialty Products Corporation (PAH), Minerals Technologies (MTX), Victrex plc (VCT), Ferro Corporation (FOE), Stepan Company (SCL), Innospec (IOSP) and Synthomer PLC (SYNT).
Who are Versum Materials' key executives?
Versum Materials' management team includes the folowing people:
- Guillermo Novo, President, Chief Executive Officer, Director (Age 55)
- George G. Bitto, Chief Financial Officer, Senior Vice President (Age 57)
- Michael William Valente Esq., Senior Vice President - Law and Human Resources, General Counsel, Secretary (Age 48)
- Patrick F. Loughlin, Senior Vice President - Operations and Supply Chain (Age 57)
- John G. Langan, Chief Technology Officer (Age 57)
- Jeffrey S. Handelman, Vice President - Materials-Process Materials (Age 56)
- Edward C. Shober, Vice President - Materials (Age 57)
- John J. White, Vice President - Delivery Systems and Services (Age 49)
- Seifi Ghasemi, Non-Executive Chairman of the Board (Age 72)
- Jacques M. Croisetiere, Independent Director (Age 63)
Who owns Versum Materials stock?
Versum Materials' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include McQueen Ball & Associates Inc. (0.01%). Company insiders that own Versum Materials stock include George G Bitto, Jacques M Croisetiere, Jessica D Feather-Bowman, Seifi Ghasemi, Susan C Schnabel and Thomas Riordan. View Institutional Ownership Trends for Versum Materials.
Who bought Versum Materials stock? Who is buying Versum Materials stock?
Versum Materials' stock was purchased by a variety of institutional investors in the last quarter, including McQueen Ball & Associates Inc.. Company insiders that have bought Versum Materials stock in the last two years include George G Bitto, Jacques M Croisetiere, Jessica D Feather-Bowman, Seifi Ghasemi, Susan C Schnabel and Thomas Riordan. View Insider Buying and Selling for Versum Materials.
How do I buy Versum Materials stock?
Shares of Versum Materials 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, Scottrade, Fidelity and Charles Schwab.
What is Versum Materials' stock price today?
One share of Versum Materials stock can currently be purchased for approximately $40.20.
How big of a company is Versum Materials?
Versum Materials has a market capitalization of $4.23 billion and generates $1.13 billion in revenue each year. The basic materials company earns $193 million in net income (profit) each year or $1.77 on an earnings per share basis. Versum Materials employs 980 workers across the globe.
How can I contact Versum Materials?
Versum Materials' mailing address is 8555 SOUTH RIVER PARKWAY, TEMPE AZ, 85284. The basic materials company can be reached via phone at 602-282-1000.
MarketBeat Community Rating for Versum Materials (NYSE VSM)MarketBeat's community ratings are surveys of what our community members think about Versum Materials 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.
Analysts' Consensus Rating for Versum Materials (NYSE:VSM) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 4 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.60)|
|Consensus Price Target: ||$36.11 (10.17% downside)|
Consensus Price Target History for Versum Materials (NYSE:VSM)
Analysts' Ratings History for Versum Materials (NYSE:VSM)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/10/2017||Credit Suisse Group||Boost Price Target||Outperform||$40.00 -> $46.00||N/A|
|11/10/2017||Needham & Company LLC||Reiterated Rating||Buy -> Buy||$41.00 -> $45.00||N/A|
|11/10/2017||KeyCorp||Reiterated Rating||Overweight||$41.00 -> $4.00||N/A|
|10/19/2017||Jefferies Group LLC||Reiterated Rating||Hold||$38.00||N/A|
|9/28/2017||Loop Capital||Initiated Coverage||Buy -> Buy||$47.00||Medium|
|9/20/2017||Stifel Nicolaus||Initiated Coverage||Hold -> Hold||$42.00||Low|
|6/23/2017||Aegis||Upgrade||Hold -> Buy||$39.00||High|
|2/10/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral||$32.00||N/A|
|12/16/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$28.00 -> $32.00||N/A|
|10/3/2016||Seaport Global Securities||Initiated Coverage||Buy||$29.00||N/A|
|10/3/2016||Morgan Stanley||Initiated Coverage||Equal -> Equal Weight||$24.00||N/A|
Earnings History and Estimates Chart for Versum Materials (NYSE:VSM)
Earnings History by Quarter for Versum Materials (NYSE VSM)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/12/2018|| || || || || || || || |
|11/9/2017||Q4 2017||$0.47||$0.47||$281.39 million||$294.50 million||View||N/A|
|8/1/2017||Q3 2017||$0.44||$0.52||$265.64 million||$290.80 million||View||Listen|
|5/2/2017||Q2 2017||$0.44||$0.44||$249.95 million||$270.80 million||View||Listen|
|2/13/2017||Q117||$0.40||$0.47||$249.10 million||$270.80 million||View||Listen|
Earnings Estimates for Versum Materials (NYSE:VSM)
2017 EPS Consensus Estimate: $1.76
2018 EPS Consensus Estimate: $2.16
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Versum Materials (NYSE:VSM)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||11.30% (Trailing 12 Months of Earnings) |
9.48% (Based on This Year's Estimates)
9.01% (Based on Next Year's Estimates)
Dividend History by Quarter for Versum Materials (NYSE VSM)
(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 Versum Materials (NYSE VSM)
Insider Ownership Percentage: 0.49%
Institutional Ownership Percentage: 90.65%
Insider Trades by Quarter for Versum Materials (NYSE VSM)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/16/2017||Thomas Riordan||Director||Buy||2,550||$38.90||$99,195.00|| |
|8/3/2017||Jacques M Croisetiere||Director||Buy||2,750||$36.00||$99,000.00|| |
|5/22/2017||Thomas Riordan||Director||Buy||325||$31.95||$10,383.75|| |
|3/15/2017||Susan C Schnabel||Director||Buy||2,500||$30.14||$75,350.00|| |
|12/7/2016||Jessica D Feather-Bowman||Insider||Buy||2,000||$26.70||$53,400.00|| |
|12/5/2016||George G Bitto||CFO||Buy||8,000||$24.72||$197,760.00|| |
|12/5/2016||Seifi Ghasemi||Director||Buy||20,000||$24.66||$493,200.00|| |
Latest Headlines for Versum Materials (NYSE VSM)
Financials are not available for this stock.
Versum Materials (NYSE VSM) Chart for Wednesday, November, 22, 2017