NewMarket Corporation

Company Profile

NewMarket Corporation had its IPO on 1985-08-06 under the ticker symbol NEU.

The company operates in the Basic Materials sector and Specialty Chemicals industry. NewMarket Corporation has a staff strength of 2,058 employees.

Stock update

Shares of NewMarket Corporation opened at $461.77 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $456.25 - $462.37, and closed at $457.32.

This is a -0.55% slip from the previous day's closing price.

A total volume of 24,277 shares were traded at the close of the day’s session.

In the last one week, shares of NewMarket Corporation have slipped by -3.11%.

NewMarket Corporation's Key Ratios

NewMarket Corporation has a market cap of $4.41 billion, indicating a price to book ratio of 4.595 and a price to sales ratio of 1.1151.

In the last 12-months NewMarket Corporation’s revenue was $2.77 billion with a gross profit of $640.50 million and an EBITDA of $555.09 million. The EBITDA ratio measures NewMarket Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, NewMarket Corporation’s operating margin was 17.13% while its return on assets stood at 12.61% with a return of equity of 43.49%.

In Q2, NewMarket Corporation’s quarterly earnings growth was a positive 58.5% while revenue growth was a negative 5.3%.

NewMarket Corporation’s PE and PEG Ratio

Forward PE

0

Trailing PE

12.7917

PEG

5.09

Its diluted EPS in the last 12-months stands at $35.95 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 5.09. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into NewMarket Corporation’s profitability.

NewMarket Corporation stock is trading at a EV to sales ratio of 1.5295 and a EV to EBITDA ratio of 10.4992. Its price to sales ratio in the trailing 12-months stood at 1.1151.

NewMarket Corporation stock pays annual dividends of $8.55 per share, indicating a yield of 1.98% and a payout ratio of 24.15%.

Balance sheet and cash flow metrics

Total Assets

$2.37 billion

Total Liabilities

$349.04 million

Operating Cash Flow

$-14125000.00

Capital Expenditure

$14.13 million

Dividend Payout Ratio

24.15%

NewMarket Corporation ended 2024 with $2.37 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.37 billion while shareholder equity stood at $892.74 million.

NewMarket Corporation ended 2024 with $0 in deferred long-term liabilities, $349.04 million in other current liabilities, 0.00 in common stock, $947.50 million in retained earnings and $123.73 million in goodwill. Its cash balance stood at $130.92 million and cash and short-term investments were $130.92 million. The company’s total short-term debt was $14,525,000 while long-term debt stood at $916.18 million.

NewMarket Corporation’s total current assets stands at $1.14 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $436.25 million compared to accounts payable of $222.97 million and inventory worth $537.38 million.

In 2024, NewMarket Corporation's operating cash flow was $-14125000.00 while its capital expenditure stood at $14.13 million.

Comparatively, NewMarket Corporation paid $0.24 in dividends in 2024.

Other key metrics

Current Trading Price

$457.32

52-Week High

$475.94

52-Week Low

$282.7786

Analyst Target Price

$450

NewMarket Corporation stock is currently trading at $457.32 per share. It touched a 52-week high of $475.94 and a 52-week low of $475.94. Analysts tracking the stock have a 12-month average target price of $450.

Its 50-day moving average was $450.21 and 200-day moving average was $379.19 The short ratio stood at 1.6 indicating a short percent outstanding of 0%.

Around 3792.9% of the company’s stock are held by insiders while 6273.3% are held by institutions.