Media stories about KMG Chemicals (NYSE:KMG) have been trending somewhat positive on Monday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. KMG Chemicals earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave media stories about the specialty chemicals company an impact score of 45.7435410302337 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Comparing The Chemours (CC) and KMG Chemicals (KMG) (americanbankingnews.com)
- Head-To-Head Analysis: Balchem (BCPC) & KMG Chemicals (KMG) (americanbankingnews.com)
- Head to Head Review: KMG Chemicals (KMG) and FMC (FMC) (americanbankingnews.com)
- KMG Chemicals (KMG) Presents At Goldman Sachs Basic Materials Conference 2018 – Slideshow (seekingalpha.com)
- KMG Chemicals (KMG) vs. Asahi Kasei (AHKSY) Head-To-Head Analysis (americanbankingnews.com)
KMG has been the topic of a number of analyst reports. ValuEngine raised KMG Chemicals from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised KMG Chemicals from a “hold” rating to a “buy” rating and set a $78.00 price target on the stock in a research report on Wednesday, March 14th. Finally, Goldman Sachs initiated coverage on KMG Chemicals in a research report on Monday, January 22nd. They issued a “neutral” rating and a $73.00 price target on the stock. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $73.67.
KMG stock opened at $68.92 on Monday. The company has a current ratio of 2.95, a quick ratio of 1.89 and a debt-to-equity ratio of 0.88. The stock has a market capitalization of $1.05 billion, a price-to-earnings ratio of 30.36 and a beta of 0.42. KMG Chemicals has a 1 year low of $45.65 and a 1 year high of $70.60.
KMG Chemicals (NYSE:KMG) last released its quarterly earnings data on Thursday, March 8th. The specialty chemicals company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.32. KMG Chemicals had a return on equity of 15.69% and a net margin of 10.59%. The business had revenue of $113.90 million for the quarter, compared to the consensus estimate of $112.57 million. During the same quarter in the prior year, the business posted $0.57 EPS. The business’s revenue for the quarter was up 44.0% on a year-over-year basis. equities analysts forecast that KMG Chemicals will post 3.54 EPS for the current fiscal year.
KMG Chemicals Company Profile
KMG Chemicals, Inc, through its subsidiaries, manufactures, formulates, and distributes specialty chemicals and performance materials worldwide. The company's Electronic Chemicals segment is involved in the sale of high purity process chemicals primarily to etch and clean silicon wafers in the production of semiconductors, photovoltaics, and flat panel displays.
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