Univar (UNVR) Given Consensus Rating of “Hold” by Brokerages
Univar (NYSE:UNVR) has been given an average rating of “Hold” by the eleven brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $32.67.
Several equities analysts have recently commented on UNVR shares. Zacks Investment Research lowered Univar from a “buy” rating to a “hold” rating in a research note on Tuesday, February 27th. ValuEngine lowered Univar from a “hold” rating to a “sell” rating in a research note on Monday, April 2nd. SunTrust Banks raised Univar from a “hold” rating to a “buy” rating in a research note on Tuesday, February 13th. Deutsche Bank set a $34.00 price target on Univar and gave the company a “hold” rating in a research note on Wednesday, March 7th. Finally, TheStreet upgraded Univar from a “c+” rating to a “b-” rating in a report on Monday, April 2nd.
In related news, insider Dahlia Investments Pte. Ltd. sold 10,350 shares of the business’s stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $31.12, for a total value of $322,092.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.82% of the stock is currently owned by insiders.
Shares of Univar stock opened at $28.94 on Friday. Univar has a 52 week low of $25.79 and a 52 week high of $32.53. The firm has a market capitalization of $4,103.71, a PE ratio of 20.82, a price-to-earnings-growth ratio of 1.98 and a beta of 1.21. The company has a current ratio of 1.77, a quick ratio of 1.18 and a debt-to-equity ratio of 2.59.
Univar (NYSE:UNVR) last announced its quarterly earnings results on Wednesday, February 28th. The basic materials company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.09. Univar had a return on equity of 17.25% and a net margin of 1.45%. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter in the prior year, the company posted $0.25 EPS. The company’s quarterly revenue was up 8.1% on a year-over-year basis. equities analysts forecast that Univar will post 1.72 earnings per share for the current fiscal year.
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Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, fertilizers, and feeds; storage, packaging, and logistics services for crop protection companies, storing chemicals, feed-grade materials, and seed and equipment parties; and pest control products and equipment.
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