Shares of Univar Inc (NYSE:UNVR) have earned an average recommendation of “Hold” from the eleven analysts that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $34.40.
Several brokerages have issued reports on UNVR. Zacks Investment Research lowered shares of Univar from a “buy” rating to a “hold” rating in a research note on Friday, May 18th. ValuEngine lowered shares of Univar from a “sell” rating to a “strong sell” rating in a research note on Monday, July 2nd. TheStreet upgraded shares of Univar from a “c+” rating to a “b-” rating in a research note on Monday, April 2nd. Finally, Berenberg Bank upgraded shares of Univar from a “sell” rating to a “hold” rating in a research note on Friday, July 6th.
Several institutional investors have recently added to or reduced their stakes in UNVR. Bank of New York Mellon Corp increased its stake in shares of Univar by 5.4% during the 4th quarter. Bank of New York Mellon Corp now owns 351,177 shares of the basic materials company’s stock worth $10,873,000 after purchasing an additional 18,034 shares during the last quarter. BlackRock Inc. increased its stake in shares of Univar by 3.8% during the 4th quarter. BlackRock Inc. now owns 4,217,975 shares of the basic materials company’s stock worth $130,588,000 after purchasing an additional 155,907 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in shares of Univar by 4.4% during the 4th quarter. UBS Asset Management Americas Inc. now owns 99,603 shares of the basic materials company’s stock worth $3,084,000 after purchasing an additional 4,166 shares during the last quarter. Martingale Asset Management L P acquired a new position in shares of Univar during the 4th quarter worth about $456,000. Finally, Geode Capital Management LLC increased its stake in shares of Univar by 9.8% during the 4th quarter. Geode Capital Management LLC now owns 881,538 shares of the basic materials company’s stock worth $27,292,000 after purchasing an additional 78,981 shares during the last quarter. Institutional investors own 91.20% of the company’s stock.
UNVR stock traded down $0.30 during midday trading on Friday, hitting $26.60. The company’s stock had a trading volume of 306,016 shares, compared to its average volume of 929,765. The company has a current ratio of 1.73, a quick ratio of 1.09 and a debt-to-equity ratio of 2.30. Univar has a twelve month low of $25.57 and a twelve month high of $31.95. The firm has a market capitalization of $3.83 billion, a P/E ratio of 19.13, a PEG ratio of 1.56 and a beta of 1.20.
Univar (NYSE:UNVR) last issued its quarterly earnings results on Thursday, May 10th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.04. Univar had a net margin of 1.93% and a return on equity of 19.20%. The firm had revenue of $2.16 billion for the quarter, compared to analyst estimates of $2.12 billion. During the same period in the previous year, the business earned $0.16 EPS. The company’s revenue was up 8.0% compared to the same quarter last year. equities research analysts forecast that Univar will post 1.77 EPS for the current fiscal year.
Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, fertilizers, and feeds; storage, packaging, and logistics services for crop protection companies, storing chemicals, feed-grade materials, and seed and equipment parties; and pest control products and equipment.
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