OTCMKTS:SOMMY

Sumitomo Chemical - SOMMY Stock Forecast, Price & News

$21.02

-0.04 (-0.19%)

(As of 08/12/2022 12:00 AM ET)

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Today's Range: $20.52
▼
$21.02
50-Day Range: $18.19
▼
$21.13
52-Week Range: $17.63
▼
$27.99

Volume: 3,891 shs
Average Volume: 41,525 shs
Market Capitalization: $6.96 billion

P/E Ratio: 5.18
Dividend Yield: 1.92%
Price Target: N/A

About Sumitomo Chemical (OTCMKTS:SOMMY) Stock

Sumitomo Chemical Company, Limited engages in the petrochemicals and plastics, energy and functional materials, IT-related chemicals, health and crop sciences, pharmaceuticals, and other businesses worldwide. Its Petrochemicals & Plastics segment offers synthetic resins, such as polyethylene, polypropylene, and polymethyl methacrylate resins; raw materials for synthetic fibers; and various industrial chemicals. The company's Energy & Functional Materials segment provides alumina and aluminum products used for energy products; polymer additives and rubber chemicals; synthetic rubber for tires, shoes, construction materials, and other applications; and engineering plastics and lithium-ion secondary battery materials for use in electronic components and next-generation vehicles. Its IT-Related Chemicals segment provides polarizing films, touch screen sensor panels, and color resists for LC and OLED displays; photoresists and high-purity chemicals for semiconductor manufacturing process; and compound semiconductor materials for antenna switches and other components of communication terminal equipment. The company's Health & Crop Sciences segment offers crop protection chemicals, fertilizers, feed additives, and household insecticides; active pharmaceutical ingredients and intermediates; and products to control infectious diseases. Its Pharmaceuticals segment provides prescription and diagnostic pharmaceuticals. The company's Others segment supplies electric power and steam; designs, constructs, and supervises chemical plants; provides transportation and warehousing services; and conducts physical property and environmental analysis. It has collaboration with Ginkgo Bioworks Announces Sumitomo Chemical to develop bio-based chemicals. Sumitomo Chemical Company, Limited was founded in 1913 and is headquartered in Tokyo, Japan.

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SOMMY Stock News Headlines

August 5, 2022 | finance.yahoo.com

Sumitomo Chemical Company, Limited (SOMMY)

August 4, 2022 | americanbankingnews.com

Sumitomo Chemical Company, Limited (OTCMKTS:SOMMY) Short Interest Update

August 2, 2022 | markets.businessinsider.com

Sumitomo Chemical earnings: here's what Wall Street expects

March 5, 2022 | investing.com

Sumitomo Chemical Co Ltd ADR (SOMMY)

February 17, 2022 | nz.finance.yahoo.com

Valent BioSciences Creates New Biostimulant Operating Unit Supporting Parent Company Sumitomo Chemical’s Goal of Carbon Neutrality by 2050

October 3, 2021 | marketwatch.com

Resorcinol Market Report 2021-2026: Global Industry Price Trends, Share, Size, Growth, Opportunity and Forecast

May 2, 2021 | bloomberg.com

Sumitomo Chemical Co Ltd

November 28, 2020 | wsj.com

Sumitomo Chemical Co. Ltd. ADR

November 19, 2020 | businesswire.com

Valent BioSciences Boosts Capabilities with New Biorational Research Unit at Sumitomo Chemical Health & Crop Sciences Research Laboratory

November 16, 2020 | nasdaq.com

Sumitomo Chemical Company Limited ADR (SOMMY)

July 3, 2020 | www.marketwatch.com

Resorcinol Market Report 2020-2025: Global Industry Price Trends, Share, Size, Growth, Opportunity and Forecast

April 30, 2020 | finance.yahoo.com

Sumitomo Chemical Company, Limited -- Moody's withdraws Sumitomo Chemical's Baa3 rating for business reasons

September 19, 2019 | finance.yahoo.com

Sumitomo Chemical Company, Limited -- Moody's changes Sumitomo Chemical's outlook to negative; affirms Baa2 rating

March 12, 2019 | finance.yahoo.com

Sumitomo Chemical Company, Limited -- Moody's announces completion of a periodic review of ratings of Sumitomo Chemical Company, Limited

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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SOMMY Company Calendar

Today: 8/13/2022
Fiscal Year End: 3/31/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Private households
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: OTCMKTS:SOMMY
CUSIP: N/A
CIK: 1409236
Web: www.sumitomo-chem.co.jp
Phone: (135) 543-5500
Fax: 813-5543-5901
Employees: 34,743
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $4.06
Trailing P/E Ratio: 5.18
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.32 billion
Net Margins: 7.48%
Pretax Margin: 9.08%
Return on Equity: 9.53%
Return on Assets: 3.76%

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 1.54
Quick Ratio: 0.99

Sales & Book Value

Annual Sales: $22.59 billion
Price / Sales: 0.31
Cash Flow: $7.84 per share
Price / Cash Flow: 2.68
Book Value: $42.00 per share
Price / Book: 0.50

Miscellaneous

Outstanding Shares: 331,170,000
Free Float: N/A
Market Cap: $6.96 billion
Optionable: Not Optionable
Beta: 0.81

Key Executives

Mr. Keiichi Iwata (Age 65)
Pres & Representative Director
Comp: $813.36k
Keigo Sasaki
Managing Exec. Officer of Accounting, Fin. & Corp. Communications Dept.
Mr. Hiroshi Ueda (Age 66)
Exec. VP & Director
Mr. Hiroshi Niinuma (Age 64)
Exec. VP & Director
Mr. Noriaki Takeshita (Age 64)
Sr. Managing Exec. Officer & Representative Director
Mr. Marc Vermeire
Managing Exec. Officer
Mr. Takashi Shigemori (Age 64)
Sr. Managing Exec. Officer
Mr. Masaki Matsui (Age 62)
Sr. Managing Exec. Officer & Representative Director
Mr. Keiichi Sakata (Age 63)
Managing Exec. Officer
Motoyuki Sakai (Age 61)
Managing Exec. Officer

Key Competitors

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SOMMY Stock - Frequently Asked Questions

Should I buy or sell Sumitomo Chemical stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sumitomo Chemical in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SOMMY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SOMMY, but not buy additional shares or sell existing shares.
View SOMMY analyst ratings or view top-rated stocks.
How have SOMMY shares performed in 2022?: Sumitomo Chemical's stock was trading at $23.58 at the beginning of 2022. Since then, SOMMY stock has decreased by 10.9% and is now trading at $21.02.
View the best growth stocks for 2022 here.
Are investors shorting Sumitomo Chemical?: Sumitomo Chemical saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 6,500 shares, a decrease of 86.6% from the July 15th total of 48,500 shares. Based on an average trading volume of 136,500 shares, the short-interest ratio is currently 0.0 days.
View Sumitomo Chemical's Short Interest.
Is Sumitomo Chemical a good dividend stock?: Sumitomo Chemical (OTCMKTS:SOMMY) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.92%. The dividend payout ratio is 9.85%. This payout ratio is at a healthy, sustainable level, below 75%.

What is Sumitomo Chemical's stock symbol?: Sumitomo Chemical trades on the OTCMKTS under the ticker symbol "SOMMY."
How do I buy shares of Sumitomo Chemical?: Shares of SOMMY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sumitomo Chemical's stock price today?: One share of SOMMY stock can currently be purchased for approximately $21.02.
How much money does Sumitomo Chemical make?: Sumitomo Chemical (OTCMKTS:SOMMY) has a market capitalization of $6.96 billion and generates $22.59 billion in revenue each year. The company earns $1.32 billion in net income (profit) each year or $4.06 on an earnings per share basis.
How many employees does Sumitomo Chemical have?: The company employs 34,743 workers across the globe.
How can I contact Sumitomo Chemical?: Sumitomo Chemical's mailing address is 27-1 Shinkawa 2-chome, Tokyo M0, 104-8260. The official website for the company is www.sumitomo-chem.co.jp. The company can be reached via phone at (135) 543-5500 or via fax at 813-5543-5901.

This page (OTCMKTS:SOMMY) was last updated on 8/13/2022 by MarketBeat.com Staff

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