Univar (NYSE:UNVR) Earning Somewhat Positive News Coverage, Study Finds

Press coverage about Univar (NYSE:UNVR) has been trending somewhat positive on Thursday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Univar earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 46.3098325231954 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Univar (UNVR) traded up $0.57 on Thursday, hitting $29.25. 471,204 shares of the company were exchanged, compared to its average volume of 851,292. The company has a debt-to-equity ratio of 2.70, a quick ratio of 1.21 and a current ratio of 1.79. Univar has a 1-year low of $25.40 and a 1-year high of $33.15. The company has a market cap of $4,142.31, a PE ratio of 25.35, a P/E/G ratio of 2.47 and a beta of 1.43.

Univar (NYSE:UNVR) last released its quarterly earnings data on Friday, November 3rd. The basic materials company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.23 by $0.13. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $1.97 billion. Univar had a net margin of 0.41% and a return on equity of 17.30%. The firm’s quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.17 EPS. research analysts predict that Univar will post 1.03 earnings per share for the current year.

Several research analysts have recently commented on UNVR shares. Zacks Investment Research downgraded Univar from a “buy” rating to a “hold” rating in a report on Thursday, August 10th. BidaskClub downgraded Univar from a “hold” rating to a “sell” rating in a report on Thursday, August 10th. Barclays reaffirmed a “hold” rating and set a $32.00 price objective on shares of Univar in a report on Thursday, August 31st. Credit Suisse Group reduced their price objective on Univar from $39.00 to $36.00 and set an “outperform” rating on the stock in a report on Thursday, August 31st. Finally, Jefferies Group reaffirmed a “buy” rating and set a $39.00 price objective on shares of Univar in a report on Friday, September 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $33.33.

In related news, Director Mark John Byrne sold 50,391 shares of the company’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $29.73, for a total value of $1,498,124.43. Following the completion of the transaction, the director now directly owns 14,494 shares of the company’s stock, valued at approximately $430,906.62. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Christopher D. Pappas acquired 10,000 shares of Univar stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average price of $30.84 per share, with a total value of $308,400.00. Following the completion of the purchase, the director now owns 59,840 shares in the company, valued at $1,845,465.60. The disclosure for this purchase can be found here. 1.82% of the stock is currently owned by corporate insiders.

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About Univar

Univar Inc is a distributor of commodity and specialty chemicals. The Company operates through four segments: Univar USA (USA); Univar Canada (Canada); Univar Europe and the Middle East and Africa (EMEA), and Rest of World. The Company’s USA segment supplies a range of commodity and specialty chemicals, as well as services to a range of end markets, including manufacturing and industrial production sectors in the United States.

Insider Buying and Selling by Quarter for Univar (NYSE:UNVR)

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