Nexeo Solutions (NASDAQ:NXEO) will release its earnings data on Tuesday, December 5th. Analysts expect Nexeo Solutions to post earnings of $0.16 per share for the quarter.

Shares of Nexeo Solutions (NXEO) opened at $7.88 on Tuesday. The company has a market capitalization of $702.10 and a price-to-earnings ratio of 20.15. The company has a debt-to-equity ratio of -96.10, a current ratio of 2.14 and a quick ratio of 1.35. Nexeo Solutions has a 1 year low of $6.74 and a 1 year high of $9.94.

In related news, major shareholder Select Maple Fund L.P. Fpa bought 251,310 shares of the firm’s stock in a transaction dated Thursday, August 31st. The stock was bought at an average price of $7.00 per share, with a total value of $1,759,170.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Select Fund Ii L.P. Fpa bought 18,700 shares of the firm’s stock in a transaction dated Tuesday, September 12th. The stock was bought at an average cost of $7.13 per share, with a total value of $133,331.00. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 315,510 shares of company stock valued at $2,215,271. 0.07% of the stock is owned by company insiders.

A hedge fund recently bought a new stake in Nexeo Solutions stock. The Manufacturers Life Insurance Company bought a new position in Nexeo Solutions (NASDAQ:NXEO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,907 shares of the basic materials company’s stock, valued at approximately $174,000. Institutional investors own 90.98% of the company’s stock.

A number of research firms have issued reports on NXEO. Zacks Investment Research raised Nexeo Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Jefferies Group LLC reissued a “hold” rating and set a $8.50 price target (down previously from $9.50) on shares of Nexeo Solutions in a research report on Thursday, August 10th. Credit Suisse Group lowered their price target on Nexeo Solutions from $10.00 to $8.50 and set a “neutral” rating for the company in a research report on Friday, August 11th. Finally, ValuEngine raised Nexeo Solutions from a “hold” rating to a “buy” rating in a research report on Friday, October 13th. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $9.33.

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About Nexeo Solutions

Nexeo Solutions Inc, formerly WL Ross Holding Corp., is global distributor of chemicals products in North America and Asia, and plastics products in North America, Europe, the Middle East and Africa (EMEA) and Asia. The Company provides services, such as custom blending, packaging and re-packaging, private-label manufacturing and product testing in the form of chemical analysis, product performance analysis and product development.

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