Share on StockTwits

Rockwood Holdings (NYSE:ROC) declared a quarterly dividend on Monday, May 12th, Stock Ratings News reports. Stockholders of record on Friday, May 23rd will be given a dividend of 0.45 per share on Monday, June 9th. This represents a $1.80 dividend on an annualized basis and a yield of 2.54%.

A number of research firms have recently commented on ROC. Analysts at Bank of America reiterated a “buy” rating on shares of Rockwood Holdings in a research note on Thursday. They now have a $89.00 price target on the stock, down previously from $90.00. On the ratings front, analysts at Zacks downgraded shares of Rockwood Holdings from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 6th. They now have a $70.50 price target on the stock. Finally, analysts at Macquarie downgraded shares of Rockwood Holdings from an “outperform” rating to a “neutral” rating in a research note on Wednesday, March 5th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. Rockwood Holdings currently has a consensus rating of “Hold” and an average price target of $79.36.

Rockwood Holdings (NYSE:ROC) opened at 70.79 on Monday. Rockwood Holdings has a 52-week low of $60.45 and a 52-week high of $82.00. The stock has a 50-day moving average of $72.64 and a 200-day moving average of $71.60. The company has a market cap of $5.240 billion and a P/E ratio of 3.35.

Rockwood Holdings (NYSE:ROC) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.43 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.43. The company had revenue of $354.50 million for the quarter, compared to the consensus estimate of $355.11 million. During the same quarter in the prior year, the company posted $0.68 earnings per share. The company’s quarterly revenue was up 5.2% on a year-over-year basis. Analysts expect that Rockwood Holdings will post $2.22 EPS for the current fiscal year.

In other Rockwood Holdings news, CFO Robert Zatta unloaded 9,775 shares of the stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $71.22, for a total value of $696,175.50. Following the transaction, the chief financial officer now directly owns 107,055 shares in the company, valued at approximately $7,624,457. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Rockwood Holdings, Inc (NYSE:ROC) is a developer, manufacturer and marketer of specialty chemicals and advanced materials used for industrial and commercial purposes.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.