Versum Materials (VSM) Earns Daily Coverage Optimism Score of 0.16

Media stories about Versum Materials (NYSE:VSM) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Versum Materials earned a coverage optimism score of 0.16 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 48.4945484939065 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

A number of brokerages recently weighed in on VSM. Jefferies Financial Group upgraded shares of Versum Materials from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Monday, March 26th. Zacks Investment Research cut shares of Versum Materials from a “buy” rating to a “hold” rating in a research report on Friday, April 13th. Argus upgraded Versum Materials from a “hold” rating to a “buy” rating in a report on Monday, May 14th. Finally, Credit Suisse Group boosted their price objective on Versum Materials from $45.00 to $46.00 and gave the stock an “outperform” rating in a report on Wednesday, May 9th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Versum Materials presently has an average rating of “Buy” and an average price target of $39.38.

Shares of VSM stock traded up $0.01 during trading hours on Thursday, hitting $40.11. 378,200 shares of the company’s stock were exchanged, compared to its average volume of 529,989. The stock has a market capitalization of $4.42 billion, a PE ratio of 21.00, a PEG ratio of 1.33 and a beta of 0.46. Versum Materials has a 52 week low of $30.56 and a 52 week high of $42.74. The company has a debt-to-equity ratio of 7.69, a quick ratio of 3.78 and a current ratio of 5.09.

Versum Materials (NYSE:VSM) last released its earnings results on Tuesday, May 8th. The basic materials company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.07. The firm had revenue of $340.70 million for the quarter, compared to analyst estimates of $312.84 million. Versum Materials had a return on equity of 459.92% and a net margin of 14.12%. The company’s quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 earnings per share. analysts forecast that Versum Materials will post 2.35 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 29th. Shareholders of record on Tuesday, May 15th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.60%. This is an increase from Versum Materials’s previous quarterly dividend of $0.05. The ex-dividend date of this dividend was Monday, May 14th. Versum Materials’s dividend payout ratio (DPR) is currently 12.57%.

Versum Materials Company Profile

Versum Materials, Inc develops, manufactures, transports, and handles specialty materials for the semiconductor and display industries in the United States, Taiwan, South Korea, China, Europe, and rest of Asia. It operates in two segments, Materials, and Delivery Systems and Services (DS&S). The Materials segment provides specialty chemicals and materials used in semiconductors, as well as specialty gases used in the semiconductor manufacturing process, including high purity process materials for deposition, metallization, and chamber cleaning and etching; chemicals mechanical planarization slurries; organosilanes; organometallics and liquid dopants for thin film deposition; and formulated chemical products for post-etch cleaning primarily for the manufacture of silicon and compound semiconductors, and thin film transistor liquid crystal displays.

Insider Buying and Selling by Quarter for Versum Materials (NYSE:VSM)

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