Investment Analysts’ Recent Ratings Changes for Versum Materials (VSM)

A number of research firms have changed their ratings and price targets for Versum Materials (NYSE: VSM):

  • 11/28/2017 – Versum Materials had its “neutral” rating reaffirmed by analysts at Jefferies Group LLC.
  • 11/22/2017 – Versum Materials was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company’s primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. “
  • 11/11/2017 – Versum Materials was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $44.00 price target on the stock. According to Zacks, “Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company’s primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. “
  • 11/10/2017 – Versum Materials had its price target raised by analysts at Credit Suisse Group from $40.00 to $46.00. They now have an “outperform” rating on the stock.
  • 11/10/2017 – Versum Materials had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $45.00 price target on the stock, up previously from $41.00.
  • 11/10/2017 – Versum Materials had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $4.00 price target on the stock, down previously from $41.00.
  • 10/19/2017 – Versum Materials had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $38.00 price target on the stock.
  • 10/18/2017 – Versum Materials was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company’s primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. “
  • 10/2/2017 – Versum Materials was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.

Versum Materials Inc. (VSM) traded down $0.15 during trading on Friday, reaching $38.40. The company’s stock had a trading volume of 575,500 shares, compared to its average volume of 492,512. The company has a debt-to-equity ratio of 39.72, a current ratio of 3.84 and a quick ratio of 2.88. The firm has a market capitalization of $4,100.00 and a price-to-earnings ratio of 20.98. Versum Materials Inc. has a 12 month low of $24.27 and a 12 month high of $42.74.

Versum Materials (NYSE:VSM) last posted its quarterly earnings data on Thursday, November 9th. The basic materials company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. The business had revenue of $294.50 million for the quarter, compared to analyst estimates of $281.39 million. Versum Materials had a negative return on equity of 457.02% and a net margin of 17.13%. The business’s revenue for the quarter was up 18.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 earnings per share. equities research analysts anticipate that Versum Materials Inc. will post 2.1 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, November 27th. Shareholders of record on Monday, November 13th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.52%. The ex-dividend date was Friday, November 10th. Versum Materials’s payout ratio is 11.36%.

In other Versum Materials news, Director Thomas Riordan purchased 2,550 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were purchased at an average cost of $38.90 per share, with a total value of $99,195.00. Following the purchase, the director now owns 5,511 shares in the company, valued at $214,377.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.49% of the stock is currently owned by company insiders.

Versum Materials, Inc is a provider of solutions to the semiconductor and display industries. The Company is engaged in the development, manufacturing, transportation and handling of specialty materials. Its segments include Materials; Delivery Systems and Services (DS&S), and Corporate. The Materials segment is an integrated provider of specialty materials for the electronics industry, focusing on the integrated circuit and flat-panel display markets.

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