News coverage about Versum Materials (NYSE:VSM) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Versum Materials earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 43.7938327714945 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Versum Materials (VSM) traded up $0.07 during trading on Thursday, hitting $38.95. 284,300 shares of the stock were exchanged, compared to its average volume of 439,641. Versum Materials has a 12-month low of $26.72 and a 12-month high of $42.74. The company has a debt-to-equity ratio of 39.72, a quick ratio of 2.88 and a current ratio of 3.84. The company has a market cap of $4,240.00 and a P/E ratio of 22.13.
Versum Materials (NYSE:VSM) last issued its quarterly earnings results on Thursday, November 9th. The basic materials company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. The firm had revenue of $294.50 million for the quarter, compared to the consensus estimate of $281.39 million. The business’s revenue for the quarter was up 18.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.44 earnings per share. sell-side analysts forecast that Versum Materials will post 2.1 earnings per share for the current year.
In other news, Director Thomas Riordan purchased 2,550 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The shares were bought at an average cost of $38.90 per share, for a total transaction of $99,195.00. Following the acquisition, the director now owns 5,511 shares of the company’s stock, valued at approximately $214,377.90. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.55% of the company’s stock.
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Versum Materials Company Profile
Versum Materials, Inc is a provider of solutions to the semiconductor and display industries. The Company is engaged in the development, manufacturing, transportation and handling of specialty materials. Its segments include Materials; Delivery Systems and Services (DS&S), and Corporate. The Materials segment is an integrated provider of specialty materials for the electronics industry, focusing on the integrated circuit and flat-panel display markets.
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