Versum Materials Inc (NYSE:VSM) – Stock analysts at KeyCorp issued their FY2020 earnings per share estimates for Versum Materials in a research note issued on Thursday, April 11th. KeyCorp analyst M. Sison expects that the basic materials company will post earnings of $2.60 per share for the year. KeyCorp currently has a “Overweight” rating and a $55.00 target price on the stock.

VSM has been the subject of a number of other reports. Zacks Investment Research cut shares of Versum Materials from a “hold” rating to a “sell” rating in a report on Saturday, January 26th. Goldman Sachs Group upgraded shares of Versum Materials from a “sell” rating to a “neutral” rating and upped their price target for the company from $26.00 to $31.00 in a report on Thursday, January 31st. Stifel Nicolaus cut shares of Versum Materials from a “buy” rating to a “hold” rating in a report on Monday, April 8th. Loop Capital cut shares of Versum Materials from a “buy” rating to a “hold” rating in a report on Thursday, February 28th. Finally, Credit Suisse Group cut shares of Versum Materials from an “outperform” rating to a “neutral” rating in a report on Thursday, February 28th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $46.67.

VSM stock opened at $51.97 on Monday. The company has a debt-to-equity ratio of 3.65, a current ratio of 4.82 and a quick ratio of 3.74. Versum Materials has a 52-week low of $25.02 and a 52-week high of $52.10. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 22.11 and a beta of 2.11.

Versum Materials (NYSE:VSM) last issued its quarterly earnings data on Monday, February 4th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.55. The firm had revenue of $339.50 million during the quarter, compared to analysts’ expectations of $339.69 million. Versum Materials had a net margin of 17.37% and a return on equity of 135.80%. Versum Materials’s revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.54 earnings per share.

A number of hedge funds have recently added to or reduced their stakes in VSM. Advisor Group Inc. lifted its stake in shares of Versum Materials by 5.1% in the fourth quarter. Advisor Group Inc. now owns 5,905 shares of the basic materials company’s stock valued at $163,000 after buying an additional 288 shares during the period. Louisiana State Employees Retirement System lifted its stake in shares of Versum Materials by 1.0% in the first quarter. Louisiana State Employees Retirement System now owns 29,200 shares of the basic materials company’s stock valued at $1,469,000 after buying an additional 300 shares during the period. Andesa Financial Management Inc. lifted its stake in shares of Versum Materials by 4.6% in the fourth quarter. Andesa Financial Management Inc. now owns 12,072 shares of the basic materials company’s stock valued at $335,000 after buying an additional 526 shares during the period. Oregon Public Employees Retirement Fund lifted its stake in shares of Versum Materials by 1.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 43,536 shares of the basic materials company’s stock valued at $1,207,000 after buying an additional 531 shares during the period. Finally, Retirement Systems of Alabama lifted its stake in shares of Versum Materials by 0.4% in the fourth quarter. Retirement Systems of Alabama now owns 141,368 shares of the basic materials company’s stock valued at $3,919,000 after buying an additional 572 shares during the period. Institutional investors own 92.55% of the company’s stock.

Versum Materials Company Profile

Versum Materials, Inc develops, manufactures, transports, and handles specialty materials for the semiconductor and display industries in the United States, Taiwan, South Korea, China, Europe, and rest of Asia. The company operates through two segments, Materials, and Delivery Systems and Services (DS&S).

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Earnings History and Estimates for Versum Materials (NYSE:VSM)

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