NewMarket Corp (NYSE: NEU) has reported E.P.S. of $13.79 for its third fiscal quarter (ending September 30) versus $11.60 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $45.04 versus $41.31 for the same period a year ago.
Recent Price Action
NewMarket Corp (NYSE: NEU) stock closed at $518.61 on 10/23/24 after a slight decline of -0.2%. NORMAL trading volume accompanied the decline. The stock has declined -1.5% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NEU is expected to continue to be a major Value Builder.
NewMarket has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. NewMarket has a neutral Appreciation Score of 49 but a poor Power Rating of 25, 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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