The stock of Univar Inc (NYSE:UNVR) is a huge mover today! About 437,361 shares traded hands. Univar Inc (NYSE:UNVR) has risen 33.43% since March 3, 2016 and is uptrending. It has outperformed by 25.09% the S&P500.
The move comes after 6 months positive chart setup for the $3.14 billion company. It was reported on Oct, 6 by Barchart.com. We have $33.72 PT which if reached, will make NYSE:UNVR worth $1.57B more.
Analysts await Univar Inc (NYSE:UNVR) to report earnings on November, 1. They expect $0.21 EPS, up 75.00% or $0.09 from last year’s $0.12 per share. UNVR’s profit will be $29.33 million for 26.76 P/E if the $0.21 EPS becomes a reality. After $0.29 actual EPS reported by Univar Inc for the previous quarter, Wall Street now forecasts -27.59% negative EPS growth.
Univar Inc (NYSE:UNVR) Ratings Coverage
Out of 8 analysts covering Univar Inc (NYSE:UNVR), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. Univar Inc has been the topic of 17 analyst reports since July 28, 2015 according to StockzIntelligence Inc. The stock has “Market Perform” rating given by Wells Fargo on Thursday, July 30. As per Tuesday, July 28, the company rating was initiated by SunTrust. The firm earned “Buy” rating on Wednesday, November 4 by Bank of America. Barclays Capital downgraded Univar Inc (NYSE:UNVR) rating on Friday, June 24. Barclays Capital has “Equal-Weight” rating and $20 price target. The company was initiated on Monday, August 10 by Barclays Capital. As per Wednesday, January 20, the company rating was downgraded by Goldman Sachs. The company was initiated on Thursday, July 30 by Credit Suisse. The firm earned “Neutral” rating on Tuesday, September 8 by Bank of America. The firm earned “Buy” rating on Thursday, August 11 by Bank of America. The rating was upgraded by Barclays Capital on Tuesday, February 16 to “Overweight”.
According to Zacks Investment Research, “Univar Inc. is a distributor of chemicals and innovative services. The Company offers solvents, resins, pigments, acids, bases, surfactants, glycols, inorganic compounds and alcohols. It also offers transportation and warehousing infrastructure, chemicals and hazardous materials handling services. The Company’s operating geographical segments include Univar USA, Univar Canada, Univar Europe and the Middle East as well as Rest of World. It serves coatings and adhesives, food, oil and gas, personal care and pharmaceutical industries. Univar Inc. is headquartered in Downers Grove, Illinois.”
More notable recent Univar Inc (NYSE:UNVR) news were published by: Prnewswire.com which released: “Univar Inc. to Report 2016 Second Quarter Financial Results on August 9” on July 05, 2016, also Prnewswire.com with their article: “Univar Announces Pricing of Sale of 20943741 Shares of Common Stock by Selling …” published on August 16, 2016, Prnewswire.com published: “CVC Announces Sale Of Its Remaining Shares Of Univar Inc.” on August 15, 2016. More interesting news about Univar Inc (NYSE:UNVR) were released by: Prnewswire.com and their article: “Univar Announces Intention Agreement for Exclusive Canadian Distribution with …” published on September 06, 2016 as well as Quotes.Wsj.com‘s news article titled: “Univar Inc. UNVR (US: NYSE)” with publication date: June 13, 2015.
UNVR Company Profile
Univar Inc., incorporated on November 21, 1974, is a distributor of commodity and specialty chemicals. The Company’s divisions include Univar USA (USA); Univar Canada (Canada); Univar Europe, the Middle East and Africa (EMEA), and Rest of World. The Rest of World segment includes developing businesses in Latin America, including Brazil and Mexico, and the Asia-Pacific region. The Company’s USA segment offers commodity and specialty chemicals, as well as specialized services to a range of end markets, which include manufacturing and industrial production sectors in the United States. The Company’s Canadian activities are divided into approximately two regions: Eastern Canada, where it focuses on customer end markets, including cleaning and sanitization, coatings and adhesives, food ingredients, chemical manufacturing, personal care and pharmaceutical, and Western Canada, where it focuses on forestry, chemical manufacturing, mining, and gas and oil markets, such as midstream gas and oil sands processing, as well as refining. The Company’s EMEA segment caters to pharmaceutical products and ingredients, food, coating and adhesives, and personal care industries.
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