Equities research analysts forecast that Univar Inc (NYSE:UNVR) will announce earnings of $0.24 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Univar’s earnings. Univar posted earnings per share of $0.42 during the same quarter last year, which would indicate a negative year-over-year growth rate of 42.9%. The company is scheduled to issue its next earnings report on Monday, August 3rd.
On average, analysts expect that Univar will report full-year earnings of $1.08 per share for the current financial year, with EPS estimates ranging from $0.85 to $1.22. For the next financial year, analysts forecast that the company will post earnings of $1.33 per share, with EPS estimates ranging from $1.10 to $1.45. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research firms that cover Univar.
Univar (NYSE:UNVR) last announced its quarterly earnings results on Monday, May 11th. The basic materials company reported $0.31 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.27 by $0.04. Univar had a net margin of 0.21% and a return on equity of 13.51%. The company had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.17 billion. During the same quarter in the prior year, the business posted $0.33 EPS. Univar’s quarterly revenue was up 2.4% on a year-over-year basis.
NYSE UNVR traded up $0.43 during trading on Friday, hitting $17.09. 1,994,882 shares of the company traded hands, compared to its average volume of 2,426,221. Univar has a 12 month low of $6.40 and a 12 month high of $24.77. The business has a fifty day simple moving average of $15.95 and a 200 day simple moving average of $17.23. The company has a market capitalization of $2.89 billion, a P/E ratio of 155.38, a PEG ratio of 2.24 and a beta of 2.06. The company has a current ratio of 1.75, a quick ratio of 1.24 and a debt-to-equity ratio of 1.70.
In related news, Director Christopher D. Pappas bought 12,000 shares of Univar stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of $12.53 per share, for a total transaction of $150,360.00. Also, CFO Nicholas W. Alexos bought 250,000 shares of the firm’s stock in a transaction that occurred on Monday, May 4th. The shares were purchased at an average cost of $13.48 per share, for a total transaction of $3,370,000.00. The disclosure for this purchase can be found here. Company insiders own 1.60% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in Univar by 2,097.0% in the first quarter. Royal Bank of Canada now owns 4,438 shares of the basic materials company’s stock worth $47,000 after purchasing an additional 4,236 shares during the period. Public Employees Retirement Association of Colorado lifted its holdings in shares of Univar by 96.6% during the 1st quarter. Public Employees Retirement Association of Colorado now owns 16,520 shares of the basic materials company’s stock worth $177,000 after acquiring an additional 8,117 shares during the period. Southeastern Asset Management Inc. TN acquired a new stake in shares of Univar during the 1st quarter valued at about $48,689,000. Zimmer Partners LP bought a new stake in Univar in the first quarter valued at about $8,040,000. Finally, Engine Capital Management LP raised its position in Univar by 107.4% in the first quarter. Engine Capital Management LP now owns 461,699 shares of the basic materials company’s stock worth $7,319,000 after purchasing an additional 239,042 shares in the last quarter.
Univar Company Profile
Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.
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