Analysts expect that Univar Inc (NYSE:UNVR) will announce earnings of $0.37 per share for the current quarter, according to Zacks. Two analysts have provided estimates for Univar’s earnings. The highest EPS estimate is $0.41 and the lowest is $0.33. Univar posted earnings per share of $0.40 during the same quarter last year, which would indicate a negative year over year growth rate of 7.5%. The firm is scheduled to report its next earnings results on Tuesday, November 5th.
According to Zacks, analysts expect that Univar will report full-year earnings of $1.45 per share for the current financial year, with EPS estimates ranging from $1.40 to $1.50. For the next fiscal year, analysts expect that the business will post earnings of $1.75 per share, with EPS estimates ranging from $1.61 to $2.00. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Univar.
Univar (NYSE:UNVR) last announced its quarterly earnings results on Monday, August 5th. The basic materials company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). Univar had a return on equity of 15.03% and a net margin of 0.04%. The business had revenue of $2.58 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the previous year, the business earned $0.47 EPS. The business’s revenue was up 8.9% compared to the same quarter last year.
Separately, Zacks Investment Research raised Univar from a “hold” rating to a “strong-buy” rating and set a $21.00 price target for the company in a research note on Monday, June 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $26.80.
In other news, Director William S. Stavropoulos acquired 5,118 shares of the stock in a transaction on Tuesday, August 13th. The stock was acquired at an average price of $19.55 per share, with a total value of $100,056.90. Following the completion of the transaction, the director now owns 21,375 shares of the company’s stock, valued at approximately $417,881.25. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO David Jukes acquired 5,000 shares of the stock in a transaction on Wednesday, August 7th. The shares were purchased at an average cost of $19.44 per share, with a total value of $97,200.00. Following the transaction, the chief operating officer now directly owns 70,502 shares of the company’s stock, valued at approximately $1,370,558.88. The disclosure for this purchase can be found here. Insiders have acquired 18,196 shares of company stock valued at $361,075 in the last three months. Insiders own 0.50% of the company’s stock.
Institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC bought a new position in shares of Univar during the first quarter valued at $27,000. Meeder Asset Management Inc. increased its holdings in shares of Univar by 291.7% during the first quarter. Meeder Asset Management Inc. now owns 1,849 shares of the basic materials company’s stock valued at $41,000 after acquiring an additional 1,377 shares in the last quarter. Machina Capital S.A.S. bought a new position in shares of Univar during the second quarter valued at $46,000. Marshall Wace North America L.P. bought a new position in shares of Univar during the first quarter valued at $49,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Univar during the second quarter valued at $55,000. 94.07% of the stock is owned by institutional investors and hedge funds.
UNVR stock traded up $0.20 on Monday, reaching $18.95. The company’s stock had a trading volume of 1,259,700 shares, compared to its average volume of 1,973,412. The business has a fifty day simple moving average of $21.08 and a two-hundred day simple moving average of $21.86. Univar has a 12-month low of $16.33 and a 12-month high of $31.23. The firm has a market cap of $3.18 billion, a PE ratio of 11.70, a PEG ratio of 1.51 and a beta of 1.54. The company has a debt-to-equity ratio of 1.76, a quick ratio of 1.17 and a current ratio of 1.75.
Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
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