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NASDAQ:IOSP

Innospec (IOSP) Stock Price, News & Analysis

Innospec logo
$111.13
+2.22 (+2.04%)
(As of 11/5/2024 ET)

About Innospec Stock (NASDAQ:IOSP)

Key Stats

Today's Range
$108.33
$111.47
50-Day Range
$106.03
$116.08
52-Week Range
$98.55
$133.71
Volume
87,865 shs
Average Volume
106,067 shs
Market Capitalization
$2.77 billion
P/E Ratio
18.61
Dividend Yield
1.37%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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 additives in diesel, jet, marine, fuel oil and other fuels. This segment's products are used in the operation of commercial trucking, marine and aviation engines, power station generators, heating oil, and other industrial machinery applications. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, construction, mining, and other industrial markets. The company's Oilfield Services segment develops and markets chemical solutions for drilling, completion, fracturing, stimulation, and completion operations; and products for oil and gas production. 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 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.

Innospec Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
74th Percentile Overall Score

IOSP MarketRank™: 

Innospec scored higher than 74% of companies evaluated by MarketBeat, and ranked 93rd out of 188 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Innospec are expected to grow by 12.84% in the coming year, from $5.92 to $6.68 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Innospec is 18.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Innospec is 18.61, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 110.89.

  • Price to Book Value per Share Ratio

    Innospec has a P/B Ratio of 2.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Innospec's valuation and earnings.
  • Percentage of Shares Shorted

    1.05% of the float of Innospec has been sold short.
  • Short Interest Ratio / Days to Cover

    Innospec has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Innospec has recently increased by 3.08%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Innospec pays a meaningful dividend of 1.40%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Innospec does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Innospec is 25.46%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Innospec will have a dividend payout ratio of 22.75% next year. This indicates that Innospec will be able to sustain or increase its dividend.

  • Read more about Innospec's dividend.
  • Percentage of Shares Shorted

    1.05% of the float of Innospec has been sold short.
  • Short Interest Ratio / Days to Cover

    Innospec has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Innospec has recently increased by 3.08%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Innospec has a news sentiment score of 0.14. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.40 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Innospec this week, compared to 3 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Innospec insiders have sold 7,431.38% more of their company's stock than they have bought. Specifically, they have bought $15,135.00 in company stock and sold $1,139,874.00 in company stock.

  • Percentage Held by Insiders

    Only 1.35% of the stock of Innospec is held by insiders.

  • Percentage Held by Institutions

    96.64% of the stock of Innospec is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Innospec's insider trading history.
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IOSP Stock News Headlines

Innospec Reports Third Quarter 2024 Financial Results
Innospec (IOSP) Scheduled to Post Earnings on Tuesday
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Innospec Inc
Innospec Publishes 2023 Sustainability Report
See More Headlines

IOSP Stock Analysis - Frequently Asked Questions

Innospec's stock was trading at $123.24 at the start of the year. Since then, IOSP shares have decreased by 9.8% and is now trading at $111.13.
View the best growth stocks for 2024 here
.

Innospec Inc. (NASDAQ:IOSP) released its quarterly earnings results on Tuesday, August, 6th. The specialty chemicals company reported $1.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.37 by $0.02. The company's revenue for the quarter was down 9.5% on a year-over-year basis.

Top institutional investors of Innospec include Allspring Global Investments Holdings LLC (9.65%), Assenagon Asset Management S.A. (0.54%), Principal Financial Group Inc. (0.50%) and Leeward Investments LLC MA (0.34%). Insiders that own company stock include Patrick Williams, Philip John Boon, Ian Cleminson, David B Jones, Larry Padfield, Leslie J Parrette, Hardy Louis Griffin III, Corbin Barnes, Claudia Poccia, David Landless, Ian Malcolm Mcrobbie, Ian Malcolm Mcrobbie and Milton C Blackmore.
View institutional ownership trends
.

Shares of IOSP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Innospec investors own include NVIDIA (NVDA), Tesla (TSLA), Meta Platforms (META), Advanced Micro Devices (AMD), JPMorgan Chase & Co. (JPM), Visa (V) and Home Depot (HD).

Company Calendar

Last Earnings
8/06/2024
Today
11/05/2024
Next Earnings (Confirmed)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
Specialty Chemicals
Current Symbol
NASDAQ:IOSP
CUSIP
45768S10
Employees
2,400
Year Founded
1938

Profitability

Net Income
$139.10 million
Pretax Margin
10.13%

Debt

Sales & Book Value

Annual Sales
$1.95 billion
Cash Flow
$7.82 per share
Book Value
$46.23 per share

Miscellaneous

Free Float
24,604,000
Market Cap
$2.74 billion
Optionable
Optionable
Beta
1.08

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This page (NASDAQ:IOSP) was last updated on 11/5/2024 by MarketBeat.com Staff
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