Analysts Anticipate Univar Inc (NYSE:UNVR) Will Announce Earnings of $0.37 Per Share

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.

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, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.

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Earnings History and Estimates for Univar (NYSE:UNVR)

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