|Bid||0.00 x 800|
|Ask||0.00 x 2900|
|Day's Range||26.49 - 27.78|
|52 Week Range||25.54 - 31.95|
|Beta (3Y Monthly)||0.99|
|PE Ratio (TTM)||20.12|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Short interest is low for UNVR with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Over the last one-month, outflows of investor capital in ETFs holding UNVR totaled $4.62 billion.
The Braskem agreement is an expansion of Univar's (UNVR) adhesives, lubricants and cosmetics portfolio geared to meet rising customer demand.
Healthy earnings outlook and buoyant prospects from the proposed acquisition of Nexeo Solutions have contributed to the gain in Univar's (UNVR) shares.
Moody's Investors Service ("Moody's") placed the ratings for Univar Inc. on review for upgrade. This action follows the announcement that Univar intends to acquire Nexeo in a stock and cash transaction valued at roughly $2 billion.
Univar's (UNVR) latest deal is projected to deliver $100 million of annual run rate cost savings by the third year following deal closure.
said after the market closed Monday that it will acquire Nexeo Solutions Inc. At $11.56 per Nexeo share, the deal represents a 15% premium over Nexeo shares' close at $10.01 on Monday. Nexeo shares were up 15% in after-hours trade.
Chemical distributor Univar Inc will acquire smaller rival Nexeo Solutions Inc for about $1.05 billion in a cash-and-stock deal to expand its presence in North America. The deal announced on Monday consists of $3.29 in cash and 0.305 Univar shares, with an implied value of $11.65 per Nexeo share, which represents a premium of 16.4 percent to the stock's last closing price. Nexeo's shares were up 15 percent at $11.51, while Univar was up marginally at $27.75 in extended trading.
Univar Inc. said Monday that it planned to acquire Nexeo Solutions Inc. for $2 billion in cash and stock, valuing the company at $11.65 a share. Nexeo shares closed at $10.01, and were halted early in the after-hours session ahead of the announcement. Nexeo, which distributes chemicals and plastics, was previously acquired for about $1.6 billion in 2016 by a company run by Wilbur Ross, who has since become the U.S. secretary of commerce. Under the terms of the deal, "We expect the transaction to be accretive to earnings and cash flow beginning in the first full year post closing and to generate $100 million of annual run rate cost savings by the third year following close and reduce annual capital expenditures by $15 million immediately," Univar Chief Executive David Jukes said in the announcement. Univar plans to pay 0.305 shares of Univar common stock and $3.29 in cash for each Nexeo share, and assume debt. The deal has been approved by the boards of both companies, and they expect it to close in the first half of 2019. Univar shares gained about 1% in late trading after detailing the deal, while Nexeo stock jumped 15% to approach the listed acquisition price after shares began trading again at 4:35 p.m. Eastern time.
The company reported their earnings per share as 71 cents, beating analysts' estimates of 69 cents a share. FedEx FDX shares decreased more than 2.5 percent in after-hours trading when it released its first quarter earnings report. Its earnings per share were $3.46, missing analysts' estimate of $3.81.
Does the share price for Univar Inc (NYSE:UNVR) reflect it’s really worth? Today, I will calculate the stock’s intrinsic value by taking the expected future cash flows and discounting themRead More...
Short interest is extremely low for UNVR with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting UNVR. Over the last one-month, outflows of investor capital in ETFs holding UNVR totaled $208 million.
Univar (UNVR) delivered earnings and revenue surprises of -2.08% and 1.26%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Downers Grove, Illinois-based company said it had net income of 40 cents. Earnings, adjusted for non-recurring costs, came to 47 cents per share. The results fell short of Wall ...
The Castrol deal enables Univar (UNVR) to bolster its product portfolio with one of the biggest brands in the lubricant space and expand reach into new markets.