News stories about Versum Materials (NYSE:VSM) have been trending somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Versum Materials earned a news impact score of 0.14 on Accern’s scale. Accern also gave media coverage about the basic materials company an impact score of 47.0780490236202 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
A number of equities research analysts recently commented on the stock. Zacks Investment Research reissued a “sell” rating and issued a $39.00 price objective on shares of Versum Materials in a research note on Saturday, February 10th. TheStreet raised shares of Versum Materials from a “d+” rating to a “c-” rating in a research note on Tuesday, February 6th. Credit Suisse Group lowered their price objective on shares of Versum Materials from $46.00 to $45.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 7th. Stifel Nicolaus raised shares of Versum Materials from a “hold” rating to a “buy” rating and increased their price objective for the company from $43.00 to $46.00 in a research note on Tuesday, February 6th. Finally, Loop Capital cut shares of Versum Materials from a “buy” rating to a “hold” rating and set a $42.00 price objective on the stock. in a research note on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. Versum Materials has an average rating of “Hold” and an average target price of $37.25.
Shares of Versum Materials (NYSE VSM) opened at $37.90 on Tuesday. Versum Materials has a 12 month low of $28.70 and a 12 month high of $42.74. The stock has a market cap of $4,120.00 and a PE ratio of 20.94. The company has a current ratio of 4.13, a quick ratio of 3.08 and a debt-to-equity ratio of 16.37.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 27th. Shareholders of record on Tuesday, February 13th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, February 12th. This represents a $0.20 annualized dividend and a dividend yield of 0.53%. Versum Materials’s dividend payout ratio is currently 11.05%.
In other news, Director Susan C. Schnabel purchased 2,500 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $34.64 per share, with a total value of $86,600.00. Following the purchase, the director now directly owns 14,335 shares of the company’s stock, valued at $496,564.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.55% of the stock is owned by company insiders.
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Versum Materials Company Profile
Versum Materials, Inc is a provider of solutions to the semiconductor and display industries. The Company is engaged in the development, manufacturing, transportation and handling of specialty materials. Its segments include Materials; Delivery Systems and Services (DS&S), and Corporate. The Materials segment is an integrated provider of specialty materials for the electronics industry, focusing on the integrated circuit and flat-panel display markets.
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