PolyOne Corporation (POL) Earning Somewhat Favorable News Coverage, Analysis Finds
Media stories about PolyOne Corporation (NYSE:POL) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PolyOne Corporation earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the specialty chemicals company an impact score of 46.4846032720134 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- Polyether Ether Ketone Market to Be Resilient During 2017 – 2025 (sbwire.com)
- Low Profile Additives Market with Worldwide Industry Analysis to 2024 (reports.pr-inside.com)
- Masterbatch Market is Expected to Reach $10.9 billion by 2022 (abnewswire.com)
- Stocks Generating Improved Relative Strength: PolyOne (finance.yahoo.com)
- $0.56 EPS Expected for PolyOne Corporation (POL) This Quarter (americanbankingnews.com)
A number of brokerages have weighed in on POL. Zacks Investment Research cut shares of PolyOne Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, June 14th. BidaskClub upgraded shares of PolyOne Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Jefferies Group LLC reiterated a “hold” rating and set a $42.00 price target on shares of PolyOne Corporation in a research report on Friday, September 15th. CIBC began coverage on shares of PolyOne Corporation in a research report on Thursday, August 17th. They set an “outperform” rating and a $43.00 price target for the company. Finally, Oppenheimer Holdings, Inc. began coverage on shares of PolyOne Corporation in a research report on Wednesday, August 16th. They set an “outperform” rating and a $43.00 price target for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $41.60.
Shares of PolyOne Corporation (NYSE:POL) opened at 39.06 on Friday. PolyOne Corporation has a 12 month low of $28.77 and a 12 month high of $40.88. The firm’s market capitalization is $3.19 billion. The firm’s 50 day moving average is $36.43 and its 200-day moving average is $36.58.
PolyOne Corporation (NYSE:POL) last posted its quarterly earnings data on Tuesday, July 25th. The specialty chemicals company reported $0.63 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.63. PolyOne Corporation had a negative net margin of 1.75% and a positive return on equity of 25.84%. The company had revenue of $814.10 million during the quarter, compared to the consensus estimate of $812.52 million. During the same quarter in the prior year, the company posted $0.59 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. On average, analysts expect that PolyOne Corporation will post $2.21 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Thursday, September 14th. PolyOne Corporation’s dividend payout ratio is currently -73.97%.
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PolyOne Corporation Company Profile
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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