Headlines about W. R. Grace & Co (NYSE:GRA) have trended positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. W. R. Grace & Co earned a media sentiment score of 0.32 on Accern’s scale. Accern also assigned media stories about the specialty chemicals company an impact score of 46.4981767555689 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern’s scoring:
W. R. Grace & Co (NYSE GRA) traded down $0.43 during trading hours on Friday, reaching $65.33. The company had a trading volume of 548,824 shares, compared to its average volume of 725,064. W. R. Grace & Co has a twelve month low of $62.58 and a twelve month high of $77.37. The firm has a market cap of $4,494.83, a price-to-earnings ratio of 408.31, a P/E/G ratio of 1.48 and a beta of 1.21. The company has a quick ratio of 1.11, a current ratio of 1.63 and a debt-to-equity ratio of 5.79.
W. R. Grace & Co (NYSE:GRA) last released its quarterly earnings data on Thursday, February 8th. The specialty chemicals company reported $0.98 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.02. W. R. Grace & Co had a return on equity of 63.39% and a net margin of 0.65%. The business had revenue of $459.50 million during the quarter, compared to analyst estimates of $453.84 million. During the same quarter in the previous year, the firm posted $0.95 EPS. The business’s revenue for the quarter was up 4.2% compared to the same quarter last year. sell-side analysts forecast that W. R. Grace & Co will post 3.75 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. Investors of record on Thursday, March 1st will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Wednesday, February 28th. This represents a $0.96 dividend on an annualized basis and a yield of 1.47%. This is a positive change from W. R. Grace & Co’s previous quarterly dividend of $0.21. W. R. Grace & Co’s payout ratio is currently 600.00%.
A number of research firms recently issued reports on GRA. Zacks Investment Research lowered W. R. Grace & Co from a “hold” rating to a “sell” rating in a research report on Wednesday, January 3rd. Seaport Global Securities restated a “buy” rating and set a $82.00 price objective on shares of W. R. Grace & Co in a research report on Monday, February 12th. Finally, TheStreet lowered W. R. Grace & Co from a “b-” rating to a “c” rating in a research report on Thursday, February 8th. Five investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. W. R. Grace & Co currently has a consensus rating of “Buy” and a consensus target price of $81.60.
In other W. R. Grace & Co news, VP Elizabeth C. Brown bought 3,700 shares of the business’s stock in a transaction on Friday, February 16th. The shares were purchased at an average price of $67.17 per share, with a total value of $248,529.00. Following the purchase, the vice president now directly owns 4,898 shares of the company’s stock, valued at $328,998.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Alfred E. Festa bought 25,000 shares of the business’s stock in a transaction on Monday, February 12th. The shares were acquired at an average cost of $65.38 per share, for a total transaction of $1,634,500.00. Following the purchase, the chairman now directly owns 268,935 shares in the company, valued at $17,582,970.30. The disclosure for this purchase can be found here. Insiders have acquired a total of 34,000 shares of company stock worth $2,229,225 in the last ninety days. 1.30% of the stock is owned by company insiders.
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W. R. Grace & Co Company Profile
W. R. Grace & Co (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in two segments: Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications.
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