Headlines about Venator Materials (NYSE:VNTR) have trended somewhat negative recently, according to Accern. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Venator Materials earned a news sentiment score of 0.00 on Accern’s scale. Accern also assigned headlines about the company an impact score of 47.9996415186829 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several research analysts recently issued reports on the company. Goldman Sachs cut Venator Materials from a “buy” rating to a “neutral” rating and set a $27.00 price objective on the stock. in a research note on Wednesday, December 6th. Barclays reissued an “equal weight” rating and issued a $25.00 price objective (down previously from $27.00) on shares of Venator Materials in a research note on Monday, February 26th. Morgan Stanley assumed coverage on Venator Materials in a research note on Tuesday, January 30th. They issued an “equal weight” rating and a $25.00 price objective on the stock. Zacks Investment Research cut Venator Materials from a “buy” rating to a “hold” rating in a research note on Thursday, March 1st. Finally, Alembic Global Advisors reissued a “buy” rating and issued a $32.00 price objective on shares of Venator Materials in a research note on Monday, November 20th. Five research analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Venator Materials currently has an average rating of “Buy” and an average target price of $27.19.
Shares of Venator Materials (NYSE:VNTR) opened at $18.80 on Tuesday. The company has a quick ratio of 1.08, a current ratio of 1.77 and a debt-to-equity ratio of 0.67. Venator Materials has a twelve month low of $17.85 and a twelve month high of $26.90.
Venator Materials (NYSE:VNTR) last posted its earnings results on Friday, February 23rd. The company reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.05). The business had revenue of $528.00 million during the quarter, compared to the consensus estimate of $539.36 million. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. equities analysts anticipate that Venator Materials will post 3.14 earnings per share for the current fiscal year.
In other Venator Materials news, Director Kathy Dawn Patrick acquired 4,500 shares of the firm’s stock in a transaction dated Monday, February 26th. The stock was purchased at an average price of $20.45 per share, for a total transaction of $92,025.00. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, major shareholder Corp Huntsman sold 1,948,955 shares of the stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $21.66, for a total value of $42,214,365.30. The disclosure for this sale can be found here.
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About Venator Materials
Venator Materials PLC is a manufacturer and marketer of chemical products. The Company is engaged in manufacturing titanium dioxide (TiO2), functional additives, color pigments, timber treatment and water treatment products. It operates through two segments: Titanium Dioxide and Performance Additives.
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