Media stories about PolyOne Corporation (NYSE:POL) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PolyOne Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned news headlines about the specialty chemicals company an impact score of 46.769621712418 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have effected Accern Sentiment’s analysis:
- IHS Markit Score upgrades PolyOne Corp to 38 out of 100, ranking positively in three out of four IHS Markit categories. (finance.yahoo.com)
- Why the 2017-2022 Is the Perfect Time to Start a Business in Automotive Soft Trim Interior Materials sector/industry for global market? (mynewsdesk.com)
- Discover the electroactive polymer market (whatech.com)
- Apple Inc. (AAPL) Position Maintained by Pinnacle Advisory Group Inc (elcumanes.com)
A number of equities analysts recently issued reports on POL shares. TheStreet raised shares of PolyOne Corporation from a “c+” rating to a “b-” rating in a research note on Monday, April 24th. Zacks Investment Research raised shares of PolyOne Corporation from a “hold” rating to a “buy” rating and set a $43.00 price target for the company in a research note on Wednesday, May 3rd. Finally, BidaskClub raised shares of PolyOne Corporation from a “sell” rating to a “hold” rating in a research note on Wednesday, July 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $39.33.
PolyOne Corporation (NYSE POL) traded up 1.04% during trading on Friday, reaching $35.90. 605,364 shares of the company were exchanged. The stock’s market capitalization is $2.94 billion. The company’s 50-day moving average price is $37.49 and its 200-day moving average price is $36.08. PolyOne Corporation has a 1-year low of $28.77 and a 1-year high of $40.88.
PolyOne Corporation (NYSE:POL) last posted its quarterly earnings results on Tuesday, July 25th. The specialty chemicals company reported $0.63 EPS for the quarter, meeting the consensus estimate of $0.63. PolyOne Corporation had a negative net margin of 1.75% and a positive return on equity of 25.84%. The business had revenue of $814.10 million during the quarter, compared to analyst estimates of $812.52 million. During the same quarter in the previous year, the business posted $0.59 EPS. The company’s quarterly revenue was up 7.4% compared to the same quarter last year. On average, equities analysts forecast that PolyOne Corporation will post $2.21 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 15th will be issued a $0.135 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $0.54 annualized dividend and a dividend yield of 1.50%. PolyOne Corporation’s dividend payout ratio is currently -73.97%.
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PolyOne Corporation Company Profile
PolyOne Corporation (PolyOne) provides specialized polymer materials, services and solutions. The Company’s segments include Color, Additives and Inks; Specialty Engineered Materials; Performance Products and Solutions, and PolyOne Distribution. The Color, Additives and Inks segment provides custom color and additive concentrates in solid and liquid form for thermoplastics, dispersions for thermosets.
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