PolyOne Corporation (POL) Receives Daily Coverage Optimism Rating of 0.17
Headlines about PolyOne Corporation (NYSE:POL) have been trending somewhat positive on Saturday, Accern reports. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PolyOne Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the specialty chemicals company an impact score of 46.769621712418 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern’s rankings:
- IHS Markit Score upgrades PolyOne Corp to 38 out of 100, ranking positively in three out of four IHS Markit categories. (finance.yahoo.com)
- Why the 2017-2022 Is the Perfect Time to Start a Business in Automotive Soft Trim Interior Materials sector/industry for global market? (mynewsdesk.com)
- Discover the electroactive polymer market (whatech.com)
- Apple Inc. (AAPL) Position Maintained by Pinnacle Advisory Group Inc (elcumanes.com)
POL has been the topic of several research analyst reports. TheStreet raised shares of PolyOne Corporation from a “c+” rating to a “b-” rating in a research report on Monday, April 24th. Zacks Investment Research raised shares of PolyOne Corporation from a “hold” rating to a “buy” rating and set a $43.00 target price on the stock in a research report on Wednesday, May 3rd. Finally, BidaskClub raised shares of PolyOne Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the stock. PolyOne Corporation has an average rating of “Hold” and a consensus price target of $39.33.
PolyOne Corporation (NYSE:POL) traded up 1.04% during mid-day trading on Friday, reaching $35.90. 605,364 shares of the company’s stock traded hands. The stock’s 50 day moving average is $37.49 and its 200-day moving average is $36.08. PolyOne Corporation has a 52 week low of $28.77 and a 52 week high of $40.88. The stock’s market capitalization is $2.94 billion.
PolyOne Corporation (NYSE:POL) last announced its earnings results on Tuesday, July 25th. The specialty chemicals company reported $0.63 EPS for the quarter, meeting analysts’ consensus estimates of $0.63. The business had revenue of $814.10 million for the quarter, compared to analysts’ expectations of $812.52 million. PolyOne Corporation had a negative net margin of 1.75% and a positive return on equity of 25.84%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.59 EPS. On average, equities analysts anticipate that PolyOne Corporation will post $2.21 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 15th will be issued a $0.135 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.50%. PolyOne Corporation’s payout ratio is -73.97%.
About PolyOne Corporation
PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.
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