Cytec Industries (CYT) to Release Earnings on Friday
Cytec Industries (NYSE:CYT) will post its Q413 quarterly earnings results on Friday, January 31st. Analysts expect Cytec Industries to post earnings of $1.11 per share and revenue of $452.53 million for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
Shares of Cytec Industries (NYSE:CYT) opened at 88.27 on Thursday. Cytec Industries has a one year low of $68.50 and a one year high of $94.03. The stock’s 50-day moving average is $91.34 and its 200-day moving average is $83.79. The company has a market cap of $3.130 billion and a price-to-earnings ratio of 24.57.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of Cytec Industries in a research note to investors on Wednesday, January 8th. They set a “hold” rating on the stock. Analysts at Zacks upgraded shares of Cytec Industries from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, November 26th. They now have a $88.60 price target on the stock. Five equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $90.09.
Cytec Industries Inc (NYSE:CYT) is a specialty chemicals and materials company focused on developing, manufacturing and selling value-added products.
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