Venator Materials PLC (NYSE:VNTR – Get Rating) shares received a consensus “Hold” recommendation from the seven research firms that currently cover the company, Marketbeat Ratings reports. One equity research analyst rated the stock with a sell recommendation, four issued a hold recommendation and two issued a buy recommendation on the company. The 12-month average price target among brokers who have hedged the stock over the past year is $5.28.
A number of research companies have recently published reports on the VNTR. Deutsche Bank Aktiengesellschaft cut its price target on Venator Materials shares from $4.50 to $3.00 and set a “buy” rating for the company in a Wednesday, Feb. 23 research note. UBS Group lowered its price target on Venator Materials shares from $3.50 to $2.95 and set a “neutral” rating for the company in a research note on Tuesday, January 4. Finally, Zacks Investment Research downgraded Venator Materials shares from a “hold” rating to a “sell” rating in a Friday, Jan. 7 research note.
A number of institutional investors and hedge funds have recently bought and sold shares of VNTR. Monaco Asset Management SAM acquired a new stake in Venator Materials during the 4th quarter for a value of approximately $3,181,000. Meros Investment Management LP acquired a new position in shares of Venator Materials in Q4 worth approximately $2,797,000. Morgan Stanley raised its position in Venator Materials shares by 95.5% in the second quarter. Morgan Stanley now owns 1,075,861 shares of the company worth $5,100,000 after purchasing an additional 525,631 shares during the period. Millennium Management LLC increased its position in Venator Materials shares by 3,358.9% in the third quarter. Millennium Management LLC now owns 428,347 shares of the company worth $1,221,000 after purchasing an additional 415,963 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Venator Materials shares by 4.2% in the 4th quarter. Russell Investments Group Ltd. now owns 4,956,050 shares of the company worth $12,585,000 after purchasing an additional 199,387 shares during the period. 25.72% of the shares are currently held by hedge funds and other institutional investors.
NYSE VNTR shares opened at $2.03 on Friday. The company’s 50-day simple moving average is $2.41 and its 200-day simple moving average is $2.74. Venator Materials has a fifty-two week low of $2.01 and a fifty-two week high of $5.85. The company has a market capitalization of $216.32 million, a P/E ratio of -1.46 and a beta of 1.86. The company has a debt ratio of 1.82, a current ratio of 2.33 and a quick ratio of 1.41.
Venator Materials (NYSE:VNTR – Get Rating) last released quarterly earnings data on Tuesday, February 22. The company reported ($0.05) earnings per share (EPS) for the quarter. The company posted revenue of $535.00 million for the quarter, versus a consensus estimate of $544.27 million. Venator Materials posted a negative return on equity of 1.55% and a negative net margin of 6.92%. During the same period of the previous year, the company achieved EPS of ($0.12). Sell-side analysts expect Venator Materials to post EPS of 0.03 for the current fiscal year.
Venator Materials Company Profile (Get a rating)
Venator Materials Plc is engaged in the manufacture and marketing of chemical products. The company focuses on the development and manufacture of titanium dioxide pigments and performance additives. It operates through two segments: titanium dioxide and performance additives. The titanium dioxide segment involves the creation of (TiO2) from ores containing titanium and is an inert white pigment that provides whiteness, opacity and shine to thousands of everyday items, including coatings, plastics, paper, printing inks, fibers, food and personal care. some products.
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