Neenah (NYSE:NP) will issue its quarterly earnings data after the market closes on Tuesday, November 6th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
Neenah (NYSE:NP) last released its quarterly earnings data on Tuesday, August 7th. The basic materials company reported $1.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.06. Neenah had a return on equity of 18.38% and a net margin of 4.78%. The business had revenue of $271.30 million for the quarter, compared to analysts’ expectations of $275.50 million. On average, analysts expect Neenah to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
NYSE:NP opened at $82.80 on Monday. Neenah has a fifty-two week low of $75.50 and a fifty-two week high of $96.15. The company has a current ratio of 2.42, a quick ratio of 1.30 and a debt-to-equity ratio of 0.64. The stock has a market cap of $1.39 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 3.92 and a beta of 1.07.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Friday, November 16th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 1.98%. Neenah’s dividend payout ratio (DPR) is presently 37.96%.
NP has been the topic of several recent analyst reports. Zacks Investment Research lowered Neenah from a “hold” rating to a “sell” rating in a research report on Wednesday, July 11th. ValuEngine lowered Neenah from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. Finally, DA Davidson reaffirmed a “neutral” rating on shares of Neenah in a research report on Wednesday, August 8th.
In related news, VP Larry Newton Brownlee sold 278 shares of the business’s stock in a transaction on Monday, September 10th. The stock was sold at an average price of $91.90, for a total value of $25,548.20. Following the completion of the sale, the vice president now directly owns 3,338 shares in the company, valued at approximately $306,762.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sean T. Erwin sold 2,000 shares of the business’s stock in a transaction on Thursday, August 23rd. The shares were sold at an average price of $89.00, for a total value of $178,000.00. Following the completion of the sale, the director now owns 18,453 shares of the company’s stock, valued at $1,642,317. The disclosure for this sale can be found here. Insiders have sold a total of 5,224 shares of company stock worth $467,967 over the last three months. 1.50% of the stock is owned by insiders.
Neenah Company Profile
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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