Media stories about PolyOne (NYSE:POL) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. PolyOne earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 45.8081985343519 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern’s rankings:
PolyOne (NYSE POL) traded down $0.58 on Tuesday, hitting $45.65. The stock had a trading volume of 299,700 shares, compared to its average volume of 319,033. The company has a market cap of $3,690.00, a P/E ratio of 21.84, a PEG ratio of 1.85 and a beta of 1.83. PolyOne has a 52 week low of $31.68 and a 52 week high of $46.79. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.38 and a current ratio of 1.96.
PolyOne (NYSE:POL) last released its quarterly earnings results on Wednesday, October 25th. The specialty chemicals company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.03. The company had revenue of $818.50 million during the quarter, compared to the consensus estimate of $789.32 million. PolyOne had a positive return on equity of 27.77% and a negative net margin of 1.87%. The firm’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.55 EPS. research analysts predict that PolyOne will post 2.19 EPS for the current year.
POL has been the topic of a number of recent research reports. SunTrust Banks restated a “buy” rating and issued a $42.00 target price on shares of PolyOne in a research note on Friday, October 27th. ValuEngine upgraded PolyOne from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Jefferies Group restated a “hold” rating and issued a $42.00 target price on shares of PolyOne in a research note on Thursday, October 19th. Zacks Investment Research upgraded PolyOne from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research note on Wednesday, December 27th. Finally, KeyCorp set a $47.00 target price on PolyOne and gave the company a “buy” rating in a research note on Thursday, October 26th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. PolyOne presently has a consensus rating of “Buy” and a consensus price target of $44.57.
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PolyOne Company Profile
PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.
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