|Bid||0.00 x 800|
|Ask||0.00 x 1300|
|Day's Range||68.23 - 69.18|
|52 Week Range||58.48 - 75.59|
|Beta (3Y Monthly)||0.87|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 7, 2019|
|Forward Dividend & Yield||0.96 (1.44%)|
|1y Target Est||82.17|
COLUMBIA, Md., Jan. 17, 2019 -- W. R. Grace & Co. (NYSE:GRA) will release its fourth quarter and full year 2018 financial results at 6:00 a.m. EST on Thursday, February 7,.
Specialty Chemicals: Updates for the Week Ending January 11 ## W.R. Grace gets a new order On January 8, W.R. Grace (GRA) announced that it got a new order for its UNIPOL PP Process Technology. W.R. Grace will grant the licenses to Hanwha Total Petrochemical for its new PP production plant in Daesan, South Korea. The new facility will have the capacity to produce 400 kilotons per year. The plant is expected to be completed by 2021. W.R. Grace didn’t specify anything about the financial aspects of the deal. Hanwha Total Petrochemical is a joint venture between Hanwha General Chemicals and Total S.A.—a French oil and gas company. The companies have 13 plants in Daesan producing polymers, oil products, and base chemicals. Laura Schwinn, the president of W.R. Grace’s Specialty Catalysts business segment, said, “Grace is pleased to be selected to provide our technology and catalysts to Hanwha Total Petrochemical and to help them offer the broad capability and most advanced resins that deliver significant value to their customers.” ## Stock update W.R. Grace stock gained 1.4% for the previous week and closed at $67.81. Since the beginning of 2019, the stock has gained 4.5%. In 2018, the stock fell 7.4%. Analysts expect W.R. Grace’s target price to be $82.83, which implies a return potential of 22.2% over the closing price on January 11. W.R. Grace’s 14-day relative strength index of 66 suggests that the stock is moving closer to the “overbought” position. Investors could hold W.R. Grace indirectly by investing in the iShares U.S. Basic Materials ETF (IYM). IYM has invested 0.8% of its portfolio in W.R. Grace. The fund also has exposure to DowDuPont (DWDP), Linde (LIN), and LyondellBasell (LYB) with weights of 21.5%, 15%, and 4.6%, respectively, as of January 11. Continue to Next Part Browse this series on Market Realist: * Part 2 - IFF Collaborates with Aryballe on Digital Nose * Part 3 - PPG Industries Launched a New Polyurethane Primer * Part 4 - Axalta: ‘Sahara’ Is the 2019 Automotive Color of the Year
NEW YORK, Jan. 09, 2019 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
COLUMBIA, Md., Jan. 08, 2019 -- W. R. Grace & Co. (NYSE: GRA), the leading supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has.
Tronox Fell 26% in December: An Opportunity for Investors?Tronox fell 26% in December Tronox (TROX) continued its downward trend in December and fell 26%. Tronox was the biggest loss among specialty chemical companies.
Analyzing Specialty Chemical Companies Last Week(Continued from Prior Part)Chemours to supply refrigerants to Carrier On December 19, Chemours (CC) announced that Carrier selected its refrigerant R-454B, which is sold as “Opteon XL41.
In a press release on December 17, W.R. Grace (GRA) announced that it would increase FCC (fluid catalytic cracking) prices. The price increase will be effective in 2019. The price increase will be 3%–9% based on the product type and specific customer commitments.
On December 4, Tronox (TROX) announced that it filed a motion with the Honorable D. Michael Chappell, the chief administrative law judge, seeking permission to present the proposed divestitures to the FTC (Federal Trade Commission). Tronox’s acquisition of Cristal is pending due to approval from the FTC. If Tronox gets approval from the administrative law judge, it would be able to engage in direct discussions with FTC commissioners.
With the third-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was W.R. Grace & Co. (NYSE:GRA). Is W.R. Grace & Co. […]
At the beginning of 2018, Albemarle (ALB) reached a high of $137.45 on a closing basis. On a year-to-date basis, Albemarle has declined 24.6% and has underperformed the broader marker S&P 500 (SPY), which has gained 2.4%. FMC (FMC), Sociedad Química y Minera de Chile (SQM), and W.R. Grace (GRA) have declined 12.3%, 25.8%, and 11.1%, respectively.
At the close on November 29, Albemarle (ALB), one of the biggest lithium producers, had a dividend yield of 1.38%. In comparison, FMC (FMC), W.R. Grace (GRA), and Sociedad Química y Minera de Chile (SQM) have current dividend yields of 0.83%, 1.55%, and 4.6%, respectively. Although Albemarle’s dividend yield rose by 40 basis points compared to the previous year, it still trails its peers including W.R. Grace and Sociedad Química y Minera de Chile.
While specialty chemical companies face headwinds from trade tensions and raw material inflation, they should gain from healthy end-market demand and strategic initiatives.
COLUMBIA, Md., Nov. 12, 2018 -- W. R. Grace & Co. (NYSE:GRA) will increase the price of silica-based and molecular sieve products sold through its Grace Materials.
COLUMBIA, Md., Nov. 08, 2018 -- W. R. Grace & Co. (NYSE: GRA) announced today that its Board of Directors has elected Hudson La Force as President and Chief Executive.
Albemarle (ALB) announced its third-quarter earnings after the market closed on November 7. The company reported an adjusted EPS of $1.31 in the third quarter—an increase of 21.3% on a year-over-year basis. In the third quarter of 2017, Albemarle reported an adjusted EPS of $1.08. The adjusted EPS excluded non-recurring and other unusual items amounting to $0.13 per share and $0.02 per share related to the pension.
Laura Schwinn also worked 12 years at Houston-based Halliburton Co., where she was the first woman to become a vice president for one of the oil giant's product lines.
W. R. Grace & Co. (GRA) appointed Laura Schwinn as President of its Specialty Catalysts business. The $700 million Specialty Catalysts operating segment includes the company’s market-leading polyolefin catalysts business and its UNIPOL® Polypropylene Process Technology licensing franchise. Previously, Schwinn was Chief Executive Officer of C&C Reservoirs, the global leader in comprehensive intelligence on the world’s most significant oil and gas fields.