$0.24 Earnings Per Share Expected for Univar Inc (UNVR) This Quarter

Brokerages forecast that Univar Inc (NYSE:UNVR) will post $0.24 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Univar’s earnings, with estimates ranging from $0.22 to $0.27. Univar reported earnings of $0.42 per share during the same quarter last year, which would indicate a negative year-over-year growth rate of 42.9%. The business is scheduled to issue its next quarterly earnings results on Thursday, May 9th.

On average, analysts expect that Univar will report full year earnings of $1.50 per share for the current financial year, with EPS estimates ranging from $1.45 to $1.58. For the next year, analysts expect that the company will report earnings of $1.86 per share, with EPS estimates ranging from $1.63 to $2.02. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that follow Univar.

Univar (NYSE:UNVR) last issued its quarterly earnings results on Friday, February 8th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.01. The business had revenue of $1.97 billion for the quarter, compared to the consensus estimate of $2.01 billion. Univar had a net margin of 2.00% and a return on equity of 19.35%. The firm’s quarterly revenue was up .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.34 EPS.

Several research analysts recently issued reports on the stock. Barclays reiterated a “hold” rating and set a $26.00 price target on shares of Univar in a research report on Wednesday, March 6th. Wells Fargo & Co set a $30.00 price target on shares of Univar and gave the stock an “outperform” rating in a research report on Tuesday, March 5th. ValuEngine upgraded shares of Univar from a “strong sell” rating to a “sell” rating in a research report on Monday, February 4th. Zacks Investment Research upgraded shares of Univar from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 29th. Finally, TheStreet downgraded shares of Univar from a “b-” rating to a “c+” rating in a research report on Tuesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Univar currently has a consensus rating of “Buy” and a consensus price target of $29.80.

Shares of NYSE UNVR opened at $22.16 on Wednesday. The stock has a market cap of $3.52 billion, a P/E ratio of 13.68, a P/E/G ratio of 1.56 and a beta of 1.58. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.04 and a current ratio of 1.64. Univar has a 12-month low of $16.33 and a 12-month high of $31.23.

A number of institutional investors have recently added to or reduced their stakes in the business. American Century Companies Inc. lifted its position in Univar by 10.8% during the 4th quarter. American Century Companies Inc. now owns 1,828,088 shares of the basic materials company’s stock valued at $32,430,000 after purchasing an additional 178,863 shares during the period. Geode Capital Management LLC increased its stake in shares of Univar by 5.2% in the 4th quarter. Geode Capital Management LLC now owns 1,107,035 shares of the basic materials company’s stock valued at $19,638,000 after acquiring an additional 54,526 shares during the last quarter. Norges Bank bought a new stake in shares of Univar in the 4th quarter valued at about $71,288,000. Dimensional Fund Advisors LP increased its stake in shares of Univar by 25.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,542,522 shares of the basic materials company’s stock valued at $27,364,000 after acquiring an additional 310,016 shares during the last quarter. Finally, UBS Oconnor LLC bought a new stake in shares of Univar in the 4th quarter valued at about $5,322,000.

Univar Company Profile

Univar Inc distributes commodity and specialty chemical products, and related services worldwide. It offers herbicides, fungicides, insecticides, seeds, micro and macro nutrients, horticultural products, and fertilizers; storage, packaging, and logistics services for crop protection companies; and pest control products and equipment.

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Earnings History and Estimates for Univar (NYSE:UNVR)

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