Headlines about W.R. Grace & Co. (NYSE:GRA) have trended somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. W.R. Grace & Co. earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the specialty chemicals company an impact score of 45.6068223142562 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Head-To-Head Review: Platform Specialty Products Corporation (PAH) & W.R. Grace & Co. (GRA) (americanbankingnews.com)
- Grace Foundation Gives $100,000 To Hurricane Harvey Relief (chemicalprocessing.com)
- $0.82 EPS Expected for W.R. Grace & Co. (GRA) This Quarter (americanbankingnews.com)
- W.R. Grace & Co. (GRA) Expected to Announce Quarterly Sales of $408.00 Million (americanbankingnews.com)
Shares of W.R. Grace & Co. (NYSE GRA) opened at 72.45 on Friday. The company has a market cap of $4.94 billion, a price-to-earnings ratio of 35.27 and a beta of 1.11. W.R. Grace & Co. has a 1-year low of $63.37 and a 1-year high of $75.09. The company’s 50-day moving average is $69.53 and its 200 day moving average is $70.10.
W.R. Grace & Co. (NYSE:GRA) last posted its earnings results on Thursday, July 27th. The specialty chemicals company reported $0.84 EPS for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. The business had revenue of $429.50 million for the quarter, compared to the consensus estimate of $407.72 million. W.R. Grace & Co. had a net margin of 8.20% and a return on equity of 43.88%. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.74 EPS. Equities analysts anticipate that W.R. Grace & Co. will post $3.37 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 7th. Shareholders of record on Thursday, August 17th were given a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date was Tuesday, August 15th. W.R. Grace & Co.’s dividend payout ratio (DPR) is 42.21%.
GRA has been the topic of a number of research reports. Zacks Investment Research raised shares of W.R. Grace & Co. from a “sell” rating to a “hold” rating in a research note on Monday, May 22nd. Vertical Research initiated coverage on shares of W.R. Grace & Co. in a research note on Thursday, May 25th. They set a “buy” rating and a $81.00 target price on the stock. Aegis reaffirmed a “buy” rating on shares of W.R. Grace & Co. in a research note on Wednesday, May 31st. TheStreet raised shares of W.R. Grace & Co. from a “c” rating to a “b-” rating in a research note on Thursday, June 1st. Finally, Goldman Sachs Group, Inc. (The) lowered shares of W.R. Grace & Co. from a “buy” rating to a “neutral” rating and set a $83.00 price objective on the stock. in a research note on Thursday, June 8th. Five investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. W.R. Grace & Co. presently has a consensus rating of “Buy” and an average target price of $79.92.
About W.R. Grace & Co.
W. R. Grace & Co (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in two segments: Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications.
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