Innospec Inc (NASDAQ: IOSP) has reported earnings for its third fiscal quarter (ending September 30) of $1.34 versus $1.58 for the same period a year ago — a decline of -15%. For the latest four quarters through September 30, E.P.S. were $5.77 versus $5.11 for the same period a year ago — an increase of 13%.
Recent Price Action
Innospec Inc (NASDAQ: IOSP) stock enjoyed a large increase of 2.0% on 11/5/24. The stock closed at $111.13. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months but has risen 1.0% during the last week.
Current PriceTarget Research Rating
IOSP is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Innospec has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Innospec has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 32, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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