Press coverage about Versum Materials (NYSE:VSM) has been trending somewhat positive recently, according to Accern Sentiment. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Versum Materials earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the basic materials company an impact score of 45.3756403811919 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Versum Materials (NYSE:VSM) traded up $0.72 during mid-day trading on Thursday, reaching $36.80. The company’s stock had a trading volume of 580,639 shares, compared to its average volume of 499,789. The company has a debt-to-equity ratio of 39.72, a quick ratio of 2.88 and a current ratio of 3.84. Versum Materials has a 12 month low of $26.72 and a 12 month high of $42.74. The firm has a market capitalization of $3,911.96, a P/E ratio of 18.92, a P/E/G ratio of 1.56 and a beta of 0.85.
Versum Materials (NYSE:VSM) last issued its earnings results on Thursday, November 9th. The basic materials company reported $0.47 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.47. Versum Materials had a negative return on equity of 457.02% and a net margin of 17.13%. The company had revenue of $294.50 million during the quarter, compared to the consensus estimate of $281.39 million. During the same period in the previous year, the firm posted $0.44 earnings per share. Versum Materials’s quarterly revenue was up 18.6% compared to the same quarter last year. analysts anticipate that Versum Materials will post 2.1 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 27th. Stockholders of record on Monday, November 13th were given a dividend of $0.05 per share. The ex-dividend date was Friday, November 10th. This represents a $0.20 annualized dividend and a dividend yield of 0.54%. Versum Materials’s dividend payout ratio is presently 11.30%.
Several research firms have commented on VSM. Jefferies Group reissued a “neutral” rating on shares of Versum Materials in a research report on Tuesday, November 28th. ValuEngine lowered Versum Materials from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Loop Capital assumed coverage on Versum Materials in a research report on Thursday, September 28th. They set a “buy” rating and a $47.00 target price on the stock. Stifel Nicolaus assumed coverage on Versum Materials in a research report on Wednesday, September 20th. They set a “hold” rating and a $42.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $41.00 target price on shares of Versum Materials in a research report on Tuesday, September 5th. Six analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $36.90.
In other Versum Materials news, Director Thomas Riordan acquired 2,550 shares of Versum Materials stock in a transaction dated Thursday, November 16th. The stock was acquired at an average cost of $38.90 per share, for a total transaction of $99,195.00. Following the completion of the transaction, the director now owns 5,511 shares in the company, valued at approximately $214,377.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.49% of the company’s stock.
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About Versum Materials
Versum Materials, Inc is a provider of solutions to the semiconductor and display industries. The Company is engaged in the development, manufacturing, transportation and handling of specialty materials. Its segments include Materials; Delivery Systems and Services (DS&S), and Corporate. The Materials segment is an integrated provider of specialty materials for the electronics industry, focusing on the integrated circuit and flat-panel display markets.
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