An Examination Of Neenah Inc (NYSE:NP)
Attractive stocks have exceptional fundamentals. In the case of Neenah Inc (NYSE:NP), there’s is a dependable dividend payer that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Neenah here.
Adequate balance sheet average dividend payer
NP is financially robust, with ample cash on hand and short-term investments to meet upcoming liabilities. This implies that NP manages its cash and cost levels well, which is a key determinant of the company’s health. NP’s has produced operating cash levels of 0.37x total debt over the past year, which implies that NP’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
For those seeking income streams from their portfolio, NP is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.1%.
Next Steps:
For Neenah, there are three important aspects you should look at:
Future Outlook: What are well-informed industry analysts predicting for NP’s future growth? Take a look at our free research report of analyst consensus for NP’s outlook.
Historical Performance: What has NP’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of NP? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at editorial-team@simplywallst.com.
