Versum Materials (VSM) Earning Somewhat Positive Press Coverage, Study Finds
Headlines about Versum Materials (NYSE:VSM) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Versum Materials earned a news sentiment score of 0.18 on Accern’s scale. Accern also assigned press coverage about the basic materials company an impact score of 46.2452493793679 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Head to Head Review: Versum Materials (VSM) & The Competition (americanbankingnews.com)
- Edited Transcript of VSM earnings conference call or presentation 9-Nov-17 4:00pm GMT (finance.yahoo.com)
- Versum Materials, Inc. breached its 50 day moving average in a Bearish Manner : VSM-US : November 13, 2017 (finance.yahoo.com)
- Versum Materials Inc. to Post Q1 2018 Earnings of $0.52 Per Share, KeyCorp Forecasts (VSM) (americanbankingnews.com)
- Versum Materials’ (VSM) Overweight Rating Reiterated at KeyCorp (americanbankingnews.com)
Several research firms have recently commented on VSM. ValuEngine raised shares of Versum Materials from a “hold” rating to a “buy” rating in a report on Wednesday, September 20th. Needham & Company LLC reissued a “buy” rating and issued a $45.00 target price (up previously from $41.00) on shares of Versum Materials in a report on Friday, November 10th. Stifel Nicolaus initiated coverage on shares of Versum Materials in a report on Wednesday, September 20th. They issued a “hold” rating and a $42.00 target price on the stock. Jefferies Group LLC restated a “hold” rating and issued a $38.00 price target (up previously from $34.00) on shares of Versum Materials in a research report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded shares of Versum Materials from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Saturday. Five analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $36.90.
Shares of Versum Materials (VSM) opened at $38.50 on Wednesday. The stock has a market cap of $4,262.62, a price-to-earnings ratio of 20.62, a PEG ratio of 1.69 and a beta of 1.62. Versum Materials has a one year low of $23.38 and a one year high of $42.74. The company has a debt-to-equity ratio of 39.72, a quick ratio of 2.88 and a current ratio of 3.84.
Versum Materials (NYSE:VSM) last issued its earnings results on Thursday, November 9th. The basic materials company reported $0.47 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.47. The firm had revenue of $294.50 million during the quarter, compared to analyst estimates of $281.39 million. Versum Materials had a net margin of 17.13% and a negative return on equity of 457.02%. The business’s revenue was up 18.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.44 earnings per share. sell-side analysts predict that Versum Materials will post 2.1 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Monday, November 27th. Stockholders of record on Monday, November 13th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Friday, November 10th. Versum Materials’s dividend payout ratio is currently 11.30%.
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About Versum Materials
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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