Somewhat Positive News Coverage Somewhat Unlikely to Impact PolyOne Corporation (POL) Stock Price
Media stories about PolyOne Corporation (NYSE:POL) have been trending somewhat positive on Monday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PolyOne Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the specialty chemicals company an impact score of 46.9976417875249 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- PolyOne Corporation (POL) Receives Average Rating of “Hold” from Analysts (americanbankingnews.com)
- Plastic Additives Market Report 2017, Trends, Analysis, Share, Estimates and Forecasts to 2022. (mynewsdesk.com)
- Analysts Offer Predictions for PolyOne Corporation’s Q2 2018 Earnings (POL) (americanbankingnews.com)
- Q3 2017 EPS Estimates for PolyOne Corporation (POL) Decreased by Seaport Global Securities (americanbankingnews.com)
- PolyOne Corp Valuation – Initial Coverage $POL (moderngraham.com)
Shares of PolyOne Corporation (NYSE:POL) opened at 36.35 on Monday. The stock’s 50 day moving average is $36.44 and its 200-day moving average is $36.39. The stock’s market cap is $2.97 billion. PolyOne Corporation has a 12-month low of $28.77 and a 12-month high of $40.88.
PolyOne Corporation (NYSE:POL) last posted its quarterly earnings data on Tuesday, July 25th. The specialty chemicals company reported $0.63 EPS for the quarter, hitting the consensus estimate of $0.63. The firm had revenue of $814.10 million during the quarter, compared to analyst estimates of $812.52 million. PolyOne Corporation had a negative net margin of 1.75% and a positive return on equity of 25.84%. PolyOne Corporation’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.59 EPS. Equities analysts expect that PolyOne Corporation will post $2.21 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 15th will be paid a dividend of $0.135 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.54 annualized dividend and a dividend yield of 1.49%. PolyOne Corporation’s dividend payout ratio (DPR) is presently -73.97%.
A number of equities analysts have weighed in on POL shares. Zacks Investment Research raised shares of PolyOne Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 18th. BidaskClub raised shares of PolyOne Corporation from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. CIBC started coverage on shares of PolyOne Corporation in a research note on Thursday, August 17th. They set an “outperform” rating and a $43.00 target price for the company. Finally, Oppenheimer Holdings, Inc. started coverage on shares of PolyOne Corporation in a research note on Wednesday, August 16th. They set an “outperform” rating and a $43.00 target price for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $40.80.
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PolyOne Corporation Company Profile
PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.
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