NewMarket Co. (NYSE:NEU) has earned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Zacks has also given NewMarket an industry rank of 84 out of 265 based on the ratings given to related companies.

NewMarket (NYSE:NEU) traded down $3.55 during trading on Friday, hitting $393.44. The stock had a trading volume of 29,600 shares, compared to its average volume of 34,878. NewMarket has a one year low of $377.27 and a one year high of $483.86. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.74 and a quick ratio of 1.50. The firm has a market capitalization of $4,705.57, a P/E ratio of 20.27 and a beta of 0.80.

NewMarket (NYSE:NEU) last released its quarterly earnings data on Wednesday, October 25th. The specialty chemicals company reported $5.04 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $5.70 by ($0.66). NewMarket had a net margin of 10.85% and a return on equity of 41.70%. The firm had revenue of $584.41 million during the quarter, compared to analyst estimates of $546.40 million. During the same period in the prior year, the company earned $6.00 EPS. The business’s quarterly revenue was up 13.2% compared to the same quarter last year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Stockholders of record on Friday, December 15th will be paid a $1.75 dividend. This represents a $7.00 annualized dividend and a dividend yield of 1.78%. The ex-dividend date is Thursday, December 14th. NewMarket’s dividend payout ratio is currently 35.75%.

Institutional investors have recently added to or reduced their stakes in the company. Advisor Group Inc. boosted its holdings in NewMarket by 6.7% in the second quarter. Advisor Group Inc. now owns 238 shares of the specialty chemicals company’s stock valued at $110,000 after acquiring an additional 15 shares during the last quarter. YorkBridge Wealth Partners LLC raised its holdings in shares of NewMarket by 1.4% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 286 shares of the specialty chemicals company’s stock valued at $131,000 after buying an additional 4 shares in the last quarter. Toronto Dominion Bank purchased a new position in shares of NewMarket during the 3rd quarter valued at about $137,000. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of NewMarket by 24.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 416 shares of the specialty chemicals company’s stock valued at $192,000 after buying an additional 81 shares in the last quarter. Finally, Cubist Systematic Strategies LLC purchased a new position in shares of NewMarket during the 3rd quarter valued at about $222,000. 58.62% of the stock is owned by institutional investors.

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NewMarket Company Profile

NewMarket Corporation is a holding company. The Company is the parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). The Company operates through petroleum additives segment, which is primarily represented by Afton.

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