Media stories about Neenah (NYSE:NP) have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Neenah earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the basic materials company an impact score of 42.4635302704928 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
NP traded down $1.75 on Friday, hitting $77.35. 106,431 shares of the company were exchanged, compared to its average volume of 92,318. Neenah has a 12 month low of $72.35 and a 12 month high of $95.40. The firm has a market capitalization of $1,335.44, a PE ratio of 18.27, a PEG ratio of 3.54 and a beta of 1.26. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.14 and a current ratio of 2.29.
Neenah (NYSE:NP) last released its earnings results on Wednesday, February 14th. The basic materials company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.15. Neenah had a return on equity of 19.49% and a net margin of 8.19%. The business had revenue of $244.00 million for the quarter, compared to analyst estimates of $233.85 million. During the same quarter in the prior year, the company posted $1.10 earnings per share. Neenah’s revenue was up 10.7% on a year-over-year basis. research analysts forecast that Neenah will post 4.48 earnings per share for the current year.
Separately, Zacks Investment Research lowered Neenah from a “hold” rating to a “sell” rating in a report on Tuesday, February 20th.
In related news, VP Larry Newton Brownlee sold 454 shares of the company’s stock in a transaction dated Wednesday, March 7th. The stock was sold at an average price of $79.51, for a total transaction of $36,097.54. Following the sale, the vice president now owns 3,514 shares in the company, valued at $279,398.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider John P. O’donnell sold 4,201 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $93.50, for a total value of $392,793.50. Following the sale, the insider now owns 89,518 shares in the company, valued at approximately $8,369,933. The disclosure for this sale can be found here. Insiders have sold 13,440 shares of company stock worth $1,158,197 in the last quarter. 2.00% of the stock is currently owned by corporate insiders.
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Neenah, Inc produces and sells technical products, and fine paper and packaging products worldwide. The company's Technical Products segment offers filtration media for transportation, water, and other uses; saturated and unsaturated crepe, and flat paper tapes to manufacturers; and coated lightweight abrasive paper for automotive, construction, metal, and woodworking industries.
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