Somewhat Positive Press Coverage Somewhat Unlikely to Affect PolyOne Corporation (POL) Stock Price
News headlines about PolyOne Corporation (NYSE:POL) have trended somewhat positive on Saturday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PolyOne Corporation earned a news impact score of 0.22 on Accern’s scale. Accern also gave headlines about the specialty chemicals company an impact score of 49.7022150419142 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- FY2017 EPS Estimates for PolyOne Corporation (POL) Boosted by SunTrust Banks (americanbankingnews.com)
- PolyOne : Sizzling New OnColor (TM) Brilliant Metallic Colorants From PolyOne Create the Ultimate in Vibrance and Reflectivity (4-traders.com)
- SunTrust Banks Comments on PolyOne Corporation’s Q4 2017 Earnings (POL) (americanbankingnews.com)
- PolyOne To Present at the RW Baird 2017 Global Industrial Conference (finance.yahoo.com)
- PolyOne Corporation (POL) to Post FY2017 Earnings of $2.22 Per Share, Seaport Global Securities Forecasts (americanbankingnews.com)
Shares of PolyOne Corporation (NYSE POL) opened at $46.46 on Friday. The company has a market cap of $3.73 billion, a P/E ratio of 21.17, a PEG ratio of 2.12 and a beta of 1.85. The company has a quick ratio of 1.38, a current ratio of 1.96 and a debt-to-equity ratio of 2.32.
PolyOne Corporation (NYSE:POL) last announced its quarterly earnings data on Wednesday, October 25th. The specialty chemicals company reported $0.58 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.55 by $0.03. The company had revenue of $818.50 million for the quarter, compared to analyst estimates of $789.32 million. PolyOne Corporation had a positive return on equity of 27.77% and a negative net margin of 1.87%. PolyOne Corporation’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.55 EPS. equities research analysts forecast that PolyOne Corporation will post 2.19 EPS for the current year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 10th. Investors of record on Friday, December 15th will be paid a $0.175 dividend. This is a positive change from PolyOne Corporation’s previous quarterly dividend of $0.14. The ex-dividend date is Thursday, December 14th. This represents a $0.70 annualized dividend and a yield of 1.51%. PolyOne Corporation’s payout ratio is currently -71.05%.
A number of equities research analysts recently issued reports on the company. CIBC started coverage on PolyOne Corporation in a report on Thursday, August 17th. They issued an “outperform” rating and a $43.00 target price on the stock. BidaskClub cut PolyOne Corporation from a “hold” rating to a “sell” rating in a research note on Monday, July 31st. Zacks Investment Research upgraded PolyOne Corporation from a “sell” rating to a “hold” rating in a research note on Friday, August 18th. Oppenheimer Holdings, Inc. initiated coverage on PolyOne Corporation in a research note on Wednesday, August 16th. They issued an “outperform” rating and a $43.00 price target for the company. Finally, KeyCorp set a $47.00 target price on PolyOne Corporation and gave the stock a “buy” rating in a research report on Thursday, October 26th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $43.17.
About PolyOne Corporation
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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