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1 Comment
Innospec Inc is currently in a long term downtrend where the price is trading 3.2% below its 200 day moving average.
From a valuation standpoint, the stock is 77.6% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.2.
Innospec Inc's total revenue sank by 20.5% to $311M since the same quarter in the previous year.
Its net income has dropped by 27.3% to $23M since the same quarter in the previous year.
Finally, its free cash flow fell by 1.8% to $50M since the same quarter in the previous year.
Based on the above factors, Innospec Inc gets an overall score of 1/5.
ISIN | US45768S1050 |
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Sector | Basic Materials |
CurrencyCode | USD |
Exchange | NASDAQ |
Industry | Specialty Chemicals |
Beta | 1.16 |
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Dividend Yield | 1.2% |
PE Ratio | 19.98 |
Market Cap | 3B |
Target Price | 123.5 |
Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in various fuels. This segment's products are used in the operation of automotive, marine, and aviation engines; power station generators; and heating oil. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, and metal extraction markets. The company's Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation, and completion operations; and products for oil and gas production, as well as products to prevent loss of mud in drilling operations. It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical and metal extraction formulations, and other chemical and industrial companies. The company was formerly known as Octel Corp. and changed its name to Innospec Inc. in January 2006. Innospec Inc. was founded in 1938 and is headquartered in Englewood, Colorado.
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