Innophos Holdings, Inc. (NASDAQ:IPHS) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company.
Zacks has also assigned Innophos an industry rank of 46 out of 265 based on the ratings given to related companies.
IPHS has been the subject of several recent research reports. BidaskClub lowered Innophos from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Zacks Investment Research downgraded Innophos from a “buy” rating to a “hold” rating in a research note on Thursday, December 14th. Finally, TheStreet downgraded Innophos from a “b-” rating to a “c” rating in a research note on Wednesday, February 21st.
Innophos (IPHS) traded down $0.11 on Monday, hitting $42.10. The stock had a trading volume of 9,231 shares, compared to its average volume of 141,256. The company has a market cap of $836.12, a price-to-earnings ratio of 17.39 and a beta of 0.83. The company has a current ratio of 2.64, a quick ratio of 1.36 and a debt-to-equity ratio of 0.93. Innophos has a 52-week low of $40.45 and a 52-week high of $54.65.
Innophos (NASDAQ:IPHS) last released its quarterly earnings results on Wednesday, February 21st. The specialty chemicals company reported $0.52 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by ($0.04). The company had revenue of $193.10 million during the quarter, compared to the consensus estimate of $194.25 million. Innophos had a return on equity of 14.02% and a net margin of 3.11%. The company’s revenue was up 15.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.52 earnings per share. research analysts forecast that Innophos will post 2.7 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, March 16th. Stockholders of record on Friday, March 9th will be paid a $0.48 dividend. The ex-dividend date of this dividend is Thursday, March 8th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.56%. Innophos’s payout ratio is 171.43%.
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Innophos Company Profile
Innophos Holdings, Inc is an international producer of specialty ingredient solutions that deliver for the food, health, nutrition and industrial markets. The Company’s segments include Food, Health and Nutrition, Industrial Specialties and Other. It offers a range of product categories, such as asphalt, catalyst, fertilizer salts, liquid phosphate, phosphate salt, phosphoric acid, polyphosphoric acid, sodium bicarbonate, and food blends.
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