Univar Solutions (NYSE:UNVR) Research Coverage Started at StockNews.com

Investment analysts at StockNews.com started coverage on shares of Univar Solutions (NYSE:UNVR – Get Free Report) in a research report issued to clients and investors on Friday. The firm set a “hold” rating on the basic materials company’s stock.

Univar Solutions Price Performance

Shares of UNVR opened at $35.86 on Friday. Univar Solutions has a 12-month low of $21.49 and a 12-month high of $35.92. The business has a 50-day simple moving average of $35.67 and a two-hundred day simple moving average of $34.66. The company has a quick ratio of 1.45, a current ratio of 2.18 and a debt-to-equity ratio of 0.96. The stock has a market cap of $5.66 billion, a PE ratio of 13.28, a PEG ratio of 1.47 and a beta of 1.66.

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Univar Solutions (NYSE:UNVR – Get Free Report) last issued its quarterly earnings results on Monday, May 8th. The basic materials company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.05. Univar Solutions had a return on equity of 19.05% and a net margin of 3.97%. The company had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.43 billion. During the same quarter in the prior year, the firm posted $1.07 earnings per share. The business’s quarterly revenue was down 6.9% on a year-over-year basis. Analysts anticipate that Univar Solutions will post 2.96 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Univar Solutions

Several institutional investors and hedge funds have recently made changes to their positions in the business. Boyar Asset Management Inc. boosted its holdings in Univar Solutions by 2.7% in the fourth quarter. Boyar Asset Management Inc. now owns 12,281 shares of the basic materials company’s stock worth $391,000 after acquiring an additional 325 shares in the last quarter. Spire Wealth Management boosted its holdings in Univar Solutions by 61.9% in the first quarter. Spire Wealth Management now owns 936 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 358 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Univar Solutions by 14.3% in the first quarter. Tower Research Capital LLC TRC now owns 3,650 shares of the basic materials company’s stock worth $128,000 after acquiring an additional 456 shares in the last quarter. First Republic Investment Management Inc. boosted its holdings in Univar Solutions by 0.8% in the fourth quarter. First Republic Investment Management Inc. now owns 58,653 shares of the basic materials company’s stock worth $1,865,000 after acquiring an additional 477 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Univar Solutions by 16.9% in the fourth quarter. Wells Fargo & Company MN now owns 3,380 shares of the basic materials company’s stock worth $107,000 after acquiring an additional 488 shares in the last quarter. Institutional investors own 84.08% of the company’s stock.

About Univar Solutions

(Get Free Report)

Univar Solutions Inc distributes commodity and specialty chemical products, and provides related services worldwide. It offers epoxy resins, polyurethanes, titanium dioxide, fumed silica, esters, plasticizers, silicones, and specialty amines; ingredients for cleaners, detergents, and disinfectant products; and base stocks, performance-enhancing additives for lubricants and metalworking fluids.

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