News stories about W. R. Grace & Co (NYSE:GRA) have been trending very positive on Tuesday, according to Alpha One Sentiment. The research firm, a service of Accern, identifies positive and negative news coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. W. R. Grace & Co earned a media sentiment score of 0.51 on Alpha One’s scale. Alpha One also assigned media stories about the specialty chemicals company an impact score of 94 out of 100, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have effected Alpha One Sentiment Analysis’s analysis:
A number of research analysts recently issued reports on the company. Vertical Research assumed coverage on W. R. Grace & Co in a research report on Thursday, May 25th. They set a “buy” rating and a $81.00 price objective for the company. Aegis restated a “buy” rating on shares of W. R. Grace & Co in a research report on Wednesday, May 31st. TheStreet upgraded W. R. Grace & Co from a “c” rating to a “b-” rating in a research report on Thursday, June 1st. Zacks Investment Research upgraded W. R. Grace & Co from a “sell” rating to a “hold” rating in a research report on Monday, May 22nd. Finally, Robert W. Baird upgraded W. R. Grace & Co from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $76.00 to $85.00 in a research report on Tuesday, February 7th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. W. R. Grace & Co currently has a consensus rating of “Buy” and an average target price of $80.10. Shares of W. R. Grace & Co (NYSE:GRA) opened at 71.95 on Tuesday. W. R. Grace & Co has a one year low of $63.37 and a one year high of $80.56. The firm has a market cap of $4.92 billion, a price-to-earnings ratio of 36.78 and a beta of 1.15. The stock has a 50 day moving average price of $70.34 and a 200 day moving average price of $69.44.
W. R. Grace & Co (NYSE:GRA) last issued its quarterly earnings data on Wednesday, April 26th. The specialty chemicals company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.05. W. R. Grace & Co had a net margin of 5.40% and a return on equity of 37.23%. The company had revenue of $398 million for the quarter, compared to analysts’ expectations of $373.57 million. During the same quarter in the previous year, the firm posted $0.57 earnings per share. W. R. Grace & Co’s revenue for the quarter was up 9.7% on a year-over-year basis. On average, equities research analysts forecast that W. R. Grace & Co will post $3.37 EPS for the current year. The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 8th. Investors of record on Wednesday, May 17th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Monday, May 15th. This represents a $0.84 annualized dividend and a dividend yield of 1.17%. W. R. Grace & Co’s dividend payout ratio is 55.28%.
Receive News & Ratings for W. R. Grace & Co Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for W. R. Grace & Co and related companies with MarketBeat.com’s FREE daily email newsletter.