Univar (UNVR) Releases FY18 Earnings Guidance

Univar (NYSE:UNVR) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of ~$1.60 for the period, compared to the Thomson Reuters consensus estimate of $1.75. Univar also updated its 2017 guidance to EPS.

A number of equities analysts have weighed in on the company. Wells Fargo & Co set a $27.00 target price on Univar and gave the stock a buy rating in a research note on Wednesday. ValuEngine lowered Univar from a sell rating to a strong sell rating in a research note on Tuesday. Deutsche Bank restated a buy rating and issued a $35.00 target price on shares of Univar in a research note on Friday, September 21st. Berenberg Bank upgraded Univar from a hold rating to a buy rating and set a $24.00 target price on the stock in a research note on Tuesday, September 4th. Finally, Barclays decreased their target price on Univar from $32.00 to $30.00 and set an equal weight rating on the stock in a research note on Monday, August 6th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $29.40.

Shares of Univar stock traded up $0.86 during trading on Wednesday, hitting $23.06. 269,034 shares of the stock traded hands, compared to its average volume of 1,474,221. The company has a current ratio of 1.65, a quick ratio of 1.08 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $3.63 billion, a PE ratio of 16.58, a price-to-earnings-growth ratio of 1.56 and a beta of 1.41. Univar has a 52 week low of $20.08 and a 52 week high of $31.95.

Univar (NYSE:UNVR) last announced its quarterly earnings data on Tuesday, November 6th. The basic materials company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.02). The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $2.18 billion. Univar had a net margin of 2.19% and a return on equity of 19.85%. Univar’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 earnings per share. As a group, analysts predict that Univar will post 1.69 earnings per share for the current fiscal year.

In other news, Director Kerry J. Preete acquired 8,250 shares of Univar stock in a transaction dated Monday, September 24th. The shares were purchased at an average cost of $30.24 per share, for a total transaction of $249,480.00. Following the transaction, the director now owns 7,933 shares of the company’s stock, valued at $239,893.92. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.55% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: “Univar (UNVR) Releases FY18 Earnings Guidance” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this report on another website, it was copied illegally and republished in violation of U.S. & international copyright & trademark legislation. The legal version of this report can be read at https://www.dispatchtribunal.com/2018/11/07/univar-unvr-releases-fy18-earnings-guidance.html.

About Univar

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, fertilizers, and feeds; storage, packaging, and logistics services for crop protection companies, storing chemicals, feed-grade materials, and seed and equipment parties; and pest control products and equipment.

Featured Article: Hedge Funds – How They Work For Investors

Earnings History and Estimates for Univar (NYSE:UNVR)

Receive News & Ratings for Univar Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Univar and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply