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NewMarket Corporation Message Board

  • chioudog chioudog Apr 25, 2008 1:56 PM Flag

    margin pressures...

    input costs are putting a strain on profitability. i think they could have trouble passing these costs on to their customers as evidenced in the ceo's comments. the key word that stands out to me is SOMEWHAT...

    "The growth in sales included the benefit of higher shipments in both the lubricant and fuels operations, favorable currency impacts and SOMEWHAT higher selling prices"

    "We continue to experience upward pricing pressure on several of our key raw materials and are pursuing pricing actions in the marketplace to recover these costs."

    ever lower margins could bring the stock lower to the $50 level imo.

409.06+4.05(+1.00%)May 27 4:02 PMEDT