OCI Partners (OCIP) Receiving Somewhat Positive News Coverage, Analysis Finds

Media coverage about OCI Partners (NYSE:OCIP) has trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. OCI Partners earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 45.4304814324153 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

OCI Partners opened at $10.98 on Friday, MarketBeat.com reports. The company has a quick ratio of 1.87, a current ratio of 1.91 and a debt-to-equity ratio of 3.01. The company has a market cap of $954.79 million, a PE ratio of 21.95 and a beta of 1.19. OCI Partners has a 1-year low of $6.76 and a 1-year high of $11.15.

OCI Partners (NYSE:OCIP) last posted its earnings results on Monday, May 7th. The basic materials company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. The firm had revenue of $117.35 million during the quarter. OCI Partners had a net margin of 11.37% and a return on equity of 30.77%.

The business also recently declared a quarterly dividend, which was paid on Friday, June 8th. Investors of record on Wednesday, May 23rd were issued a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 13.85%. The ex-dividend date was Tuesday, May 22nd. This is a positive change from OCI Partners’s previous quarterly dividend of $0.27.

Several equities analysts have recently weighed in on OCIP shares. ValuEngine raised shares of OCI Partners from a “hold” rating to a “buy” rating in a report on Wednesday, April 18th. MED reaffirmed a “buy” rating and set a $15.00 target price on shares of OCI Partners in a report on Monday, May 7th. Finally, TheStreet raised shares of OCI Partners from a “c” rating to a “b-” rating in a report on Wednesday, April 25th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $11.00.

About OCI Partners

OCI Partners LP produces, markets, and distributes methanol and anhydrous ammonia in the United States. The company offers its products to industrial users and commercial traders for further processing or distribution. OCI GP LLC operates as the general partner of the company. The company was founded in 2013 and is based in Nederland, Texas.

Insider Buying and Selling by Quarter for OCI Partners (NYSE:OCIP)

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