Cytec Industries (CYT) Stock Price, News & Analysis

Company Overview

Cytec Industries Inc. is a global specialty materials and chemicals company focused on developing, manufacturing and selling value-added products. The Company offers aerospace and industrial materials, mining and plastics industries. The Company operates through four segments: Aerospace Materials, Industrial Materials, In Process Separation, and Additive Technologies. The Aerospace Materials segment includes advanced composites, carbon fiber, and structural film adhesives. The Industrial Materials segment includes structural composite materials, which serve automotive, motorsports, recreation, tooling, and other structural materials markets and process materials, which serves aerospace, wind energy, and other process materials markets. The In Process Separation segment includes mining chemicals and phosphines. The Additive Technologies segment includes polymer additives, specialty additives, and formulated resins. The Company operates as a wholly owned subsidiary of Solvay.

Key Stats

• Today's Range: N/A
• 50-Day Range: N/A
• 52-Week Range: N/A
• Volume: 1.01 million shs
• Average Volume: 321,456 shs
• Market Capitalization: $108.71 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Sell

CYT Stock Analysis - Frequently Asked Questions

How were Cytec Industries' earnings last quarter?

Cytec Industries Inc (NYSE:CYT) issued its quarterly earnings results on Thursday, November, 11th. The specialty chemicals company reported ($0.33) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.03.

When did Cytec Industries' stock split?

Shares of Cytec Industries split on Thursday, September 18th 2014. The 2-1 split was announced on Thursday, July 17th 2014. The newly minted shares were issued to shareholders after the closing bell on Wednesday, September 17th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

When did Cytec Industries IPO?

Cytec Industries (CYT) raised $126 million in an IPO on Friday, June 18th 2021. The company issued 7,400,000 shares at a price of $16.00-$18.00 per share. J.P. Morgan, Morgan Stanley and BofA Securities acted as the underwriters for the IPO and Wedbush PacGrow was co-manager.

What other stocks do shareholders of Cytec Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cytec Industries investors own include Netflix (NFLX), Honeywell International (HON), Meta Platforms (META), Chevron (CVX), Home Depot (HD), HubSpot (HUBS) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 11/11/2021
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Pharmaceutical preparations
• Sub-Industry: Specialty Chemicals
• Current Symbol: NYSE:CYT
• CUSIP: 23282010
• CIK: 912513
• Web: www.cytec.com
• Phone: +1-973-3573100
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Consensus Rating: Sell
• Rating Score (0-4): 1.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.94)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-46,060,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -24.88%
• Return on Assets: -23.83%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 21.89
• Quick Ratio: 21.89

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.13 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 36,000,000
• Free Float: 30,814,000
• Market Cap: $108.71 million
• Optionable: Not Optionable
• Beta: 0.10