Media headlines about Versum Materials (NYSE:VSM) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Versum Materials earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the basic materials company an impact score of 48.1910875726656 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of VSM stock opened at $38.37 on Monday. The company has a current ratio of 5.09, a quick ratio of 3.78 and a debt-to-equity ratio of 7.69. The firm has a market cap of $4.18 billion, a PE ratio of 20.09, a price-to-earnings-growth ratio of 1.25 and a beta of 0.33. Versum Materials has a 52 week low of $30.03 and a 52 week high of $42.74.
Versum Materials (NYSE:VSM) last announced its earnings results on Tuesday, May 8th. The basic materials company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.52 by $0.07. The company had revenue of $340.70 million for the quarter, compared to analysts’ expectations of $312.84 million. Versum Materials had a return on equity of 459.92% and a net margin of 14.12%. The business’s revenue for the quarter was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 earnings per share. equities analysts predict that Versum Materials will post 2.36 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 29th. Stockholders of record on Tuesday, May 15th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.63%. The ex-dividend date is Monday, May 14th. This is a boost from Versum Materials’s previous quarterly dividend of $0.05. Versum Materials’s dividend payout ratio is presently 12.57%.
VSM has been the subject of several recent analyst reports. Argus upgraded Versum Materials from a “hold” rating to a “buy” rating in a research note on Monday, May 14th. Zacks Investment Research upgraded Versum Materials from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research note on Friday, May 11th. Jefferies Group upgraded Versum Materials from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research note on Monday, March 26th. Stifel Nicolaus upgraded Versum Materials from a “hold” rating to a “buy” rating and increased their price objective for the stock from $43.00 to $46.00 in a research note on Tuesday, February 6th. Finally, TheStreet upgraded Versum Materials from a “d+” rating to a “c-” rating in a report on Tuesday, February 6th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $39.38.
About Versum Materials
Versum Materials, Inc develops, manufactures, transports, and handles specialty materials for the semiconductor and display industries in the United States, Taiwan, South Korea, China, Europe, and rest of Asia. It operates in two segments, Materials, and Delivery Systems and Services (DS&S). The Materials segment provides specialty chemicals and materials used in semiconductors, as well as specialty gases used in the semiconductor manufacturing process, including high purity process materials for deposition, metallization, and chamber cleaning and etching; chemicals mechanical planarization slurries; organosilanes; organometallics and liquid dopants for thin film deposition; and formulated chemical products for post-etch cleaning primarily for the manufacture of silicon and compound semiconductors, and thin film transistor liquid crystal displays.
Receive News & Ratings for Versum Materials Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Versum Materials and related companies with MarketBeat.com's FREE daily email newsletter.