Venator Materials (NYSE:VNTR)‘s stock had its “buy” rating reiterated by analysts at Citigroup in a research note issued on Friday, MarketBeat.com reports. They currently have a $7.50 price target on the stock. Citigroup‘s price objective would suggest a potential upside of 20.00% from the stock’s current price.
A number of other equities analysts also recently weighed in on the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Venator Materials in a research report on Sunday, November 4th. Alembic Global Advisors set a $32.00 price objective on Venator Materials and gave the stock a “buy” rating in a research note on Tuesday, October 30th. BMO Capital Markets dropped their price objective on Venator Materials from $13.00 to $9.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 31st. UBS Group upgraded Venator Materials from a “neutral” rating to a “buy” rating and set a $7.00 price objective on the stock in a research note on Wednesday, February 6th. Finally, ValuEngine upgraded Venator Materials from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $18.19.
NYSE:VNTR opened at $6.25 on Friday. Venator Materials has a twelve month low of $3.59 and a twelve month high of $20.90. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.07 and a quick ratio of 1.34. The company has a market cap of $680.96 million, a price-to-earnings ratio of 2.91, a PEG ratio of 1.08 and a beta of 1.66.
Venator Materials (NYSE:VNTR) last released its quarterly earnings results on Wednesday, February 20th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.15. Venator Materials had a positive return on equity of 21.34% and a negative net margin of 7.20%. The firm had revenue of $484.00 million during the quarter, compared to the consensus estimate of $480.96 million. During the same quarter in the prior year, the firm posted $0.61 EPS. The business’s revenue was down 8.3% on a year-over-year basis. On average, sell-side analysts forecast that Venator Materials will post 0.68 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently bought and sold shares of VNTR. Northern Trust Corp raised its stake in Venator Materials by 8.9% in the 2nd quarter. Northern Trust Corp now owns 165,579 shares of the company’s stock valued at $2,709,000 after acquiring an additional 13,536 shares during the period. Creative Planning grew its holdings in Venator Materials by 137.9% in the 3rd quarter. Creative Planning now owns 33,300 shares of the company’s stock valued at $300,000 after buying an additional 19,300 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in Venator Materials by 30.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 77,229 shares of the company’s stock valued at $694,000 after buying an additional 17,890 shares in the last quarter. General American Investors Co. Inc. grew its holdings in Venator Materials by 57.0% in the 3rd quarter. General American Investors Co. Inc. now owns 1,189,536 shares of the company’s stock valued at $10,706,000 after buying an additional 431,941 shares in the last quarter. Finally, Signition LP acquired a new position in Venator Materials in the 3rd quarter valued at $129,000. Institutional investors and hedge funds own 40.53% of the company’s stock.
Venator Materials Company Profile
Venator Materials PLC manufactures and markets chemical products worldwide. It operates through two segments, Titanium Dioxide and Performance Additives. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and nano TiO2 products for use in coatings, plastics, paper, printing inks, fibers, and food and personal care products.
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