News stories about W. R. Grace and (NYSE:GRA) have trended positive recently, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. W. R. Grace and earned a daily sentiment score of 0.32 on Accern’s scale. Accern also gave news headlines about the specialty chemicals company an impact score of 46.4981767555689 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern’s scoring:
Shares of NYSE:GRA traded down $1.14 during mid-day trading on Friday, reaching $61.68. The stock had a trading volume of 1,054,328 shares, compared to its average volume of 582,755. The company has a market capitalization of $4,175.30, a price-to-earnings ratio of 18.14, a P/E/G ratio of 1.37 and a beta of 1.21. The company has a debt-to-equity ratio of 5.79, a current ratio of 1.63 and a quick ratio of 1.11. W. R. Grace and has a twelve month low of $58.48 and a twelve month high of $77.37.
W. R. Grace and (NYSE:GRA) last announced its quarterly earnings results on Thursday, February 8th. The specialty chemicals company reported $0.98 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. The business had revenue of $459.50 million for the quarter, compared to the consensus estimate of $453.84 million. W. R. Grace and had a net margin of 0.65% and a return on equity of 63.39%. W. R. Grace and’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period last year, the company posted $0.95 EPS. equities research analysts expect that W. R. Grace and will post 3.75 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Thursday, March 1st were issued a dividend of $0.24 per share. This is an increase from W. R. Grace and’s previous quarterly dividend of $0.21. This represents a $0.96 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend was Wednesday, February 28th. W. R. Grace and’s dividend payout ratio (DPR) is 28.24%.
A number of brokerages have commented on GRA. BMO Capital Markets began coverage on shares of W. R. Grace and in a report on Tuesday, March 27th. They set an “outperform” rating and a $77.00 price objective on the stock. Seaport Global Securities reaffirmed a “buy” rating and issued a $82.00 target price on shares of W. R. Grace and in a research note on Monday, February 12th. TheStreet lowered shares of W. R. Grace and from a “b-” rating to a “c” rating in a research note on Thursday, February 8th. Finally, Zacks Investment Research raised shares of W. R. Grace and from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 18th. Five equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $81.18.
In related news, VP Thomas E. Blaser bought 5,300 shares of the company’s stock in a transaction on Tuesday, February 13th. The shares were purchased at an average cost of $65.32 per share, for a total transaction of $346,196.00. Following the acquisition, the vice president now owns 9,962 shares of the company’s stock, valued at approximately $650,717.84. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, Chairman Alfred E. Festa bought 25,000 shares of the company’s stock in a transaction on Monday, February 12th. The shares were bought at an average price of $65.38 per share, for a total transaction of $1,634,500.00. Following the completion of the acquisition, the chairman now directly owns 268,935 shares in the company, valued at approximately $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 over the last 90 days. Corporate insiders own 1.30% of the company’s stock.
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W. R. Grace and Company Profile
W. R. Grace & Co produces and sells specialty chemicals and materials worldwide. It operates through two segments, Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment offers fluid catalytic cracking (FCC) catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and other petroleum-based products; FCC additives; and methanol-to-olefins catalysts for the conversion of methanol into petrochemical feeds, including ethylene and propylene.
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