NewMarket Corporation
General ticker "NEU" information:
- Sector: Materials
- Industry: Chemicals
- Capitalization: $5.1B
NewMarket Corporation does not follow the US Stock Market performance with the rate: -5.5%.
Estimated limits based on current volatility of 1.4%: low 520.48$, high 534.74$
Factors to consider:
- Company pays dividends: last record date 2024-12-16, amount 2.50$ (Y1.91%)
- US accounted for 36.1% of revenue in the fiscal year ended 2023-12-31
- Price in estimated range
- Earnings for 9 months up through Q3 exceed our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [454.25$, 661.52$]
- 2024-12-30 to 2025-12-30 estimated range: [464.26$, 683.14$]
Financial Metrics affecting the NEU estimates:
- Positive: Non-GAAP EPS, $ of 40.43 > 2.29
- Negative: Industry operating profit margin (median), % of 6.58 <= 6.82
- Negative: Industry inventory ratio change (median), % of 0.71 > 0.49
- Negative: Investing cash flow per share, $ of -5.04 <= -3.48
- Positive: 9.05 < Operating profit margin, % of 17.90
- Positive: 7.18 < Operating cash flow per share per price, % of 11.05
- Negative: Industry operating cash flow per share per price (median), % of 6.46 <= 6.94
Short-term NEU quotes
Long-term NEU plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $2,356.11MM | $2,764.80MM | $2,698.42MM |
| Operating Expenses | $2,098.33MM | $2,409.66MM | $2,215.37MM |
| Operating Income | $257.78MM | $355.14MM | $483.05MM |
| Non-Operating Income | $-10.23MM | $-7.41MM | $5.92MM |
| Interest Expense | $34.22MM | $35.20MM | $37.36MM |
| R&D Expense | $143.95MM | $140.25MM | $138.00MM |
| Income(Loss) | $247.55MM | $347.73MM | $488.96MM |
| Taxes | $56.64MM | $68.20MM | $100.10MM |
| Profit(Loss) | $190.91MM | $279.54MM | $388.86MM |
| Stockholders Equity | $762.13MM | $762.41MM | $1,077.06MM |
| Inventory | $498.54MM | $631.38MM | $456.23MM |
| Assets | $2,558.44MM | $2,406.82MM | $2,308.87MM |
| Operating Cash Flow | $165.34MM | $108.62MM | $576.82MM |
| Capital expenditure | $78.93MM | $56.17MM | $48.29MM |
| Investing Cash Flow | $-461.41MM | $315.89MM | $-48.29MM |
| Financing Cash Flow | $255.13MM | $-439.36MM | $-487.59MM |
| Earnings Per Share* | $17.71 | $27.77 | $40.44 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.