Somewhat Favorable Press Coverage Somewhat Unlikely to Impact PolyOne (POL) Share Price
News articles about PolyOne (NYSE:POL) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PolyOne earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the specialty chemicals company an impact score of 46.4731059766174 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- PolyOne introduces Hammerhead composite panels (plasticsnews.com)
- Global Solid Masterbatches Market Analysis and Forecast Discussed in a New Research Study (emailwire.com)
- Masterbatch Market Share Charges Ahead with Huge Growth by 2015-2021 (sbwire.com)
- PolyOne Corp. breached its 50 day moving average in a Bearish Manner : POL-US : December 15, 2017 (finance.yahoo.com)
- Traders Buy High Volume of PolyOne Call Options (POL) (americanbankingnews.com)
POL has been the topic of a number of recent research reports. Robert W. Baird restated a “buy” rating and set a $42.00 price target on shares of PolyOne in a research report on Thursday, October 12th. KeyCorp set a $47.00 price target on shares of PolyOne and gave the stock a “buy” rating in a research report on Thursday, October 26th. SunTrust Banks restated a “buy” rating and set a $42.00 price target on shares of PolyOne in a research report on Friday, October 27th. Zacks Investment Research upgraded shares of PolyOne from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Finally, Jefferies Group restated a “hold” rating and set a $42.00 price target on shares of PolyOne in a research report on Thursday, October 19th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. PolyOne has a consensus rating of “Buy” and a consensus target price of $43.17.
PolyOne (NYSE:POL) last issued its earnings results on Wednesday, October 25th. The specialty chemicals company reported $0.58 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.03. PolyOne had a negative net margin of 1.87% and a positive return on equity of 27.77%. The company had revenue of $818.50 million for the quarter, compared to the consensus estimate of $789.32 million. During the same period in the previous year, the firm earned $0.55 earnings per share. PolyOne’s quarterly revenue was up 9.6% compared to the same quarter last year. equities analysts anticipate that PolyOne will post 2.19 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 10th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.175 per share. The ex-dividend date is Thursday, December 14th. This is an increase from PolyOne’s previous quarterly dividend of $0.14. This represents a $0.70 dividend on an annualized basis and a yield of 1.58%. PolyOne’s payout ratio is 33.49%.
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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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