Posted by admin on Jul 29th, 2022
Venator Materials PLC (NYSE:VNTR – Get Rating) – Research analysts at Jefferies Financial Group dropped their Q3 2022 earnings estimates for shares of Venator Materials in a research report issued on Tuesday, July 26th. Jefferies Financial Group analyst L. Alexander now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their previous estimate of $0.14. The consensus estimate for Venator Materials’ current full-year earnings is $0.30 per share. Jefferies Financial Group also issued estimates for Venator Materials’ Q4 2022 earnings at $0.21 EPS.
Separately, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Venator Materials from $3.00 to $2.50 in a research report on Wednesday.
Shares of NYSE:VNTR opened at $1.75 on Thursday. The company has a quick ratio of 1.20, a current ratio of 2.12 and a debt-to-equity ratio of 1.74. Venator Materials has a fifty-two week low of $1.13 and a fifty-two week high of $3.47. The firm has a 50-day simple moving average of $2.09 and a 200 day simple moving average of $2.08. The company has a market cap of $186.48 million, a PE ratio of -3.18, a P/E/G ratio of 1.83 and a beta of 1.54.
Venator Materials (NYSE:VNTR – Get Rating) last announced its quarterly earnings data on Wednesday, May 4th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.01. Venator Materials had a negative net margin of 2.55% and a positive return on equity of 0.72%. The business had revenue of $659.00 million during the quarter, compared to the consensus estimate of $624.77 million. During the same quarter in the prior year, the firm earned $0.01 EPS.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Cruiser Capital Advisors LLC lifted its stake in shares of Venator Materials by 1.9% in the 1st quarter. Cruiser Capital Advisors LLC now owns 1,343,735 shares of the company’s stock worth $2,392,000 after acquiring an additional 25,000 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Venator Materials by 3.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,305,588 shares of the company’s stock worth $2,324,000 after acquiring an additional 45,493 shares during the period. Monaco Asset Management SAM acquired a new stake in shares of Venator Materials in the 4th quarter worth approximately $3,181,000. Meros Investment Management LP lifted its stake in shares of Venator Materials by 9.6% in the 1st quarter. Meros Investment Management LP now owns 1,207,257 shares of the company’s stock worth $2,148,000 after acquiring an additional 106,073 shares during the period. Finally, Acuitas Investments LLC lifted its stake in shares of Venator Materials by 9.6% in the 4th quarter. Acuitas Investments LLC now owns 1,101,184 shares of the company’s stock worth $2,797,000 after acquiring an additional 96,697 shares during the period.
Venator Materials PLC, together with its subsidiaries, manufactures and markets chemical products worldwide. It operates through Titanium Dioxide and Performance Additives segments. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and ultrafine TiO2 products for use in coatings, printing inks, PVC window frames, plastic masterbatches, cosmetics, pharmaceuticals, food, polyester and polyamide fibers, catalysts, and cosmetics products.
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