Somewhat Positive Media Coverage Somewhat Unlikely to Affect PolyOne (POL) Stock Price
Media stories about PolyOne (NYSE:POL) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. PolyOne earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave media stories about the specialty chemicals company an impact score of 45.9168692669894 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- PolyOne Co. (POL) Receives Consensus Recommendation of “Buy” from Brokerages (americanbankingnews.com)
- PolyOne Corporation To Host Investor Day (finance.yahoo.com)
- Analysts Anticipate PolyOne Co. (POL) Will Post Quarterly Sales of $740.70 Million (americanbankingnews.com)
- PolyOne To Hold Fourth Quarter 2017 Conference Call (finance.yahoo.com)
- Zacks: Brokerages Anticipate PolyOne Co. (POL) Will Post Earnings of $0.39 Per Share (americanbankingnews.com)
A number of equities research analysts have issued reports on the company. Zacks Investment Research raised PolyOne from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. KeyCorp set a $47.00 price target on PolyOne and gave the company a “buy” rating in a research report on Thursday, October 26th. Robert W. Baird reaffirmed a “buy” rating and issued a $42.00 price target on shares of PolyOne in a research report on Thursday, October 12th. Jefferies Group reaffirmed a “hold” rating and issued a $42.00 price target on shares of PolyOne in a research report on Thursday, October 19th. Finally, ValuEngine raised PolyOne from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $44.00.
PolyOne (POL) opened at $45.65 on Friday. PolyOne has a 1-year low of $31.68 and a 1-year high of $46.79. The company has a market capitalization of $3,690.00, a PE ratio of 21.84, a PEG ratio of 1.88 and a beta of 1.83. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.96 and a quick ratio of 1.38.
PolyOne (NYSE:POL) last released its quarterly earnings data on Wednesday, October 25th. The specialty chemicals company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.03. PolyOne had a positive return on equity of 27.77% and a negative net margin of 1.87%. The business had revenue of $818.50 million for the quarter, compared to the consensus estimate of $789.32 million. During the same quarter in the prior year, the business posted $0.55 EPS. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. sell-side analysts forecast that PolyOne will post 2.19 earnings per share for the current year.
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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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