Versum Materials (NYSE: VSM) has recently received a number of price target changes and ratings updates:

  • 2/10/2018 – Versum Materials had its “sell” rating reaffirmed by analysts at Zacks Investment Research. They now have a $39.00 price target on the stock. According to Zacks, “Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company’s primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. “
  • 2/7/2018 – Versum Materials had its price target lowered by analysts at Credit Suisse Group AG from $46.00 to $45.00. They now have an “outperform” rating on the stock.
  • 2/6/2018 – Versum Materials was upgraded by analysts at TheStreet from a “d+” rating to a “c-” rating.
  • 2/6/2018 – Versum Materials was upgraded by analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating. They now have a $46.00 price target on the stock, up previously from $43.00.
  • 2/2/2018 – Versum Materials was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Versum Materials, Inc. is an electronic materials supplier to the semiconductor industry. The company’s primary business segment consists of Materials and Delivery Systems and Services. It provides specialty process gas, cleaners and etchants, slurries, organosilanes and organometallics deposition films and equipment. Versum Materials, Inc. is headquartered in Tempe, Arizona. “
  • 1/25/2018 – Versum Materials was downgraded by analysts at Loop Capital from a “buy” rating to a “hold” rating. They now have a $42.00 price target on the stock.

Shares of Versum Materials Inc (NYSE VSM) opened at $35.76 on Tuesday. Versum Materials Inc has a twelve month low of $28.37 and a twelve month high of $42.74. The stock has a market capitalization of $3,817.07, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 1.44 and a beta of 0.07. The company has a current ratio of 4.13, a quick ratio of 3.08 and a debt-to-equity ratio of 16.37.

Versum Materials (NYSE:VSM) last posted its earnings results on Tuesday, February 6th. The basic materials company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.03. Versum Materials had a return on equity of 6,666.66% and a net margin of 13.55%. The company had revenue of $330.80 million during the quarter, compared to the consensus estimate of $295.68 million. During the same quarter last year, the firm earned $0.49 earnings per share. The company’s revenue was up 22.2% on a year-over-year basis. equities research analysts expect that Versum Materials Inc will post 2.21 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Tuesday, February 13th will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.56%. The ex-dividend date of this dividend is Monday, February 12th. Versum Materials’s dividend payout ratio is currently 13.61%.

In other Versum Materials news, Director Susan C. Schnabel bought 2,500 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were purchased at an average price of $34.64 per share, for a total transaction of $86,600.00. Following the completion of the transaction, the director now directly owns 14,335 shares in the company, valued at approximately $496,564.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Thomas Riordan bought 2,550 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was acquired at an average price of $38.90 per share, for a total transaction of $99,195.00. Following the transaction, the director now owns 5,511 shares of the company’s stock, valued at $214,377.90. The disclosure for this purchase can be found here. 0.55% of the stock is currently owned by company insiders.

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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