News headlines about Neenah (NYSE:NP) have trended somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Neenah earned a news impact score of 0.17 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 47.012744596212 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, Zacks Investment Research downgraded shares of Neenah from a “hold” rating to a “sell” rating in a research note on Tuesday, February 20th.
Neenah opened at $82.80 on Friday, Marketbeat reports. Neenah has a 12-month low of $75.35 and a 12-month high of $95.40. The firm has a market cap of $1.39 billion, a P/E ratio of 19.17, a PEG ratio of 3.66 and a beta of 1.27. The company has a current ratio of 2.51, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65.
Neenah (NYSE:NP) last released its quarterly earnings results on Wednesday, May 9th. The basic materials company reported $1.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.01. Neenah had a net margin of 7.86% and a return on equity of 18.73%. The firm had revenue of $266.50 million for the quarter, compared to the consensus estimate of $260.30 million. During the same quarter in the previous year, the firm posted $1.03 EPS. The firm’s quarterly revenue was up 10.1% on a year-over-year basis. equities analysts expect that Neenah will post 4.53 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, June 4th. Investors of record on Friday, May 18th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, May 17th. Neenah’s dividend payout ratio (DPR) is 37.96%.
In other news, Director Stephen Michael Wood sold 1,600 shares of the business’s stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $80.00, for a total value of $128,000.00. Following the completion of the sale, the director now owns 37,713 shares of the company’s stock, valued at approximately $3,017,040. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Julie Schertell sold 2,000 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $78.71, for a total transaction of $157,420.00. Following the completion of the sale, the senior vice president now directly owns 3,472 shares of the company’s stock, valued at approximately $273,281.12. The disclosure for this sale can be found here. Insiders have sold a total of 6,454 shares of company stock worth $513,694 in the last ninety days. 2.00% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Neenah Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neenah and related companies with MarketBeat.com's FREE daily email newsletter.