NewMarket Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 46 out of 67 in the Chemicals industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of NewMarket Corp is 8.15, ranking 14 out of 67 in the Chemicals industry. Its financial status is stable, and its operating efficiency is average. Its latest quarterly revenue reached 635.40M, representing a year-over-year decrease of 2.94%, while its net profit experienced a year-over-year decrease of 26.62%.
Key Metrics
The current valuation score of NewMarket Corp is 8.41, ranking 18 out of 67 in the Chemicals industry. Its current P/E ratio is 13.97, which is 23.88% below the recent high of 17.30 and 28.29% above the recent low of 10.01.
No earnings forecast score is currently available for NewMarket Corp. The Chemicals industry's average is 7.36.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of NewMarket Corp is 8.99, ranking 21 out of 67 in the Chemicals industry. Currently, the stock price is trading between the resistance level at 651.29 and the support level at 585.04, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of NewMarket Corp is 5.00, ranking 46 out of 67 in the Chemicals industry. The latest institutional shareholding proportion is 67.60%, representing a quarter-over-quarter increase of 3.52%. The largest institutional shareholder is The Vanguard, holding a total of 826.90K shares, representing 8.80% of shares outstanding, with 11.78% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Chemicals domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of NewMarket Corp is 7.81, ranking 20 out of 67 in the Chemicals industry. The company's beta value is 0.52. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
