Equities analysts expect Venator Materials (NYSE:VNTR) to announce $0.84 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Venator Materials’ earnings, with estimates ranging from $0.73 to $1.02. The firm is expected to announce its next quarterly earnings results before the market opens on Tuesday, May 1st.

On average, analysts expect that Venator Materials will report full year earnings of $3.14 per share for the current fiscal year, with EPS estimates ranging from $2.88 to $3.55. For the next year, analysts forecast that the company will post earnings of $3.27 per share, with EPS estimates ranging from $2.73 to $4.15. Zacks’ earnings per share averages are a mean average based on a survey of analysts that follow Venator Materials.

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Venator Materials (NYSE:VNTR) last released its earnings results on Friday, February 23rd. The company reported $0.61 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.66 by ($0.05). The company had revenue of $528.00 million for the quarter, compared to the consensus estimate of $539.36 million. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year.

A number of equities research analysts have issued reports on the stock. Barclays reaffirmed an “equal weight” rating and set a $25.00 price objective (down from $27.00) on shares of Venator Materials in a report on Monday, February 26th. Morgan Stanley assumed coverage on shares of Venator Materials in a report on Tuesday, January 30th. They set an “equal weight” rating and a $25.00 price objective for the company. Zacks Investment Research lowered shares of Venator Materials from a “buy” rating to a “hold” rating in a report on Thursday, March 1st. Citigroup increased their price objective on shares of Venator Materials from $28.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, April 10th. Finally, BMO Capital Markets assumed coverage on shares of Venator Materials in a report on Tuesday, March 27th. They set an “outperform” rating and a $28.00 price objective for the company. Five analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $27.29.

VNTR traded up $0.08 during trading on Monday, reaching $18.89. 81,334 shares of the company traded hands, compared to its average volume of 778,077. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.77 and a quick ratio of 1.08. Venator Materials has a 12-month low of $17.07 and a 12-month high of $26.90. The firm has a market cap of $2,001.38 and a P/E ratio of 10.85.

In other news, Director Kathy Dawn Patrick bought 4,500 shares of the stock in a transaction dated Monday, February 26th. The stock was purchased at an average cost of $20.45 per share, for a total transaction of $92,025.00. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Peter R. Huntsman bought 10,000 shares of the stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of $19.44 per share, with a total value of $194,400.00. The disclosure for this purchase can be found here.

Hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer Asset Management Inc. bought a new position in shares of Venator Materials during the 3rd quarter valued at approximately $103,000. QS Investors LLC bought a new position in shares of Venator Materials during the 4th quarter valued at approximately $110,000. Wells Fargo & Company MN boosted its position in shares of Venator Materials by 81,257.1% during the 4th quarter. Wells Fargo & Company MN now owns 5,695 shares of the company’s stock valued at $126,000 after acquiring an additional 5,688 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Venator Materials by 9,700.0% during the 4th quarter. Deutsche Bank AG now owns 9,800 shares of the company’s stock valued at $216,000 after acquiring an additional 9,700 shares during the last quarter. Finally, Teacher Retirement System of Texas bought a new position in shares of Venator Materials during the 4th quarter valued at approximately $248,000. Hedge funds and other institutional investors own 45.37% of the company’s stock.

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Venator Materials Company Profile

Venator Materials PLC manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and nano TiO2 products for use in coatings, plastics, paper, printing inks, fibers, and food and personal care products.

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