NEU - NewMarket Corp Stock Price, Fair Value and News

562.36USD+0.02 (0.00%)Delayed as of 08 May 2024, 02:42 pm ET

Market Summary

USD562.36+0.02

Delayedas of 08 May 2024, 02:42 pm

0.00%

NEU Stock Price

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NEU RSI Chart

NEU Valuation

Market Cap

5.4B

Price/Earnings (Trailing)

13.52

Price/Sales (Trailing)

EV/EBITDA

10.45

Price/Free Cashflow

10.38

NEU Price/Sales (Trailing)

NEU Profitability

Operating Margin

41.13%

EBT Margin

18.63%

Return on Equity

34.63%

Return on Assets

12.64%

Free Cashflow Yield

9.63%

NEU Fundamentals

NEU Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-0.86%

Rev. Growth (Qtr)

8.3%

NEU Earnings

Earnings (TTM)

399.0M

Earnings Growth (Yr)

10.4%

Earnings Growth (Qtr)

33.98%

Breaking Down NEU Revenue

52 Week Range

387.16566.60

(Low)(High)

Last 7 days

6.8%

Last 30 days

-9.0%

Last 90 days

-4.4%

Trailing 12 Months

43.2%

How does NEU drawdown profile look like?

NEU Financial Health

Current Ratio

2.86

Debt/Equity

1.11

Debt/Cashflow

0.45

NEU Investor Care

Dividend Yield

1.64%

Dividend/Share (TTM)

9.25

Buy Backs (1Y)

0.33%

Diluted EPS (TTM)

41.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.7B	0	0	0
2023	2.8B	2.8B	2.7B	2.7B
2022	2.5B	2.6B	2.7B	2.8B
2021	2.0B	2.2B	2.3B	2.4B
2020	2.2B	2.1B	2.0B	2.0B
2019	2.2B	2.2B	2.2B	2.2B
2018	2.2B	2.3B	2.3B	2.3B
2017	2.1B	2.1B	2.1B	2.2B
2016	2.1B	2.1B	2.0B	2.0B
2015	2.3B	2.3B	2.2B	2.1B
2014	2.3B	2.3B	2.3B	2.3B
2013	2.2B	2.2B	2.2B	2.3B
2012	2.2B	2.2B	2.2B	2.2B
2011	1.9B	2.0B	2.1B	2.1B
2010	1.6B	1.7B	1.7B	1.8B
2009	0	1.6B	1.6B	1.5B
2008	0	0	0	1.6B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of NewMarket Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 06, 2024	gottwald thomas e	sold	-136,512	632	-216	chairman, president & ceo
Mar 05, 2024	gottwald thomas e	sold	-1,929,420	643	-3,000	chairman, president & ceo
Mar 05, 2024	ridgeway gail	acquired	-	-	36.00	controller
Mar 04, 2024	gottwald thomas e	sold	-3,156,630	646	-4,884	chairman, president & ceo
Feb 27, 2024	ridgeway gail	sold (taxes)	-8,908	636	-14.00	controller
Feb 27, 2024	skrobacz william j	sold (taxes)	-5,090	636	-8.00	vice president & cfo
Feb 22, 2024	gottwald thomas e	acquired	-	-	625	chairman, president & ceo
Feb 22, 2024	paliotti brian d	sold (taxes)	-81,733	619	-132	president afton chemical corp
Feb 22, 2024	paliotti brian d	acquired	-	-	437	president afton chemical corp
Feb 22, 2024	hazelgrove bruce r iii	acquired	-	-	437	evp & cao

Which funds bought or sold NEU recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	GREAT VALLEY ADVISOR GROUP, INC.	added	41.68	826,158	2,101,740	0.06%
May 06, 2024	Manchester Capital Management LLC	unchanged	-	178	1,270	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-15,283	-	-%
May 06, 2024	IFG Advisory, LLC	sold off	-100	-332,955	-	-%
May 06, 2024	HighTower Advisors, LLC	reduced	-28.14	-1,063,000	5,355,000	0.01%
May 06, 2024	ORG Partners LLC	new	-	30,408	30,408	0.06%
May 06, 2024	Parallel Advisors, LLC	added	20.1	133,476	470,253	0.01%
May 06, 2024	SG Americas Securities, LLC	added	895	1,200,000	1,314,000	0.01%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	reduced	-21.11	-760,000	8,421,000	0.05%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	579,133	3,835,010	0.03%

Are Funds Buying or Selling NEU?

Are funds buying NEU calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NEU

No. of Funds

Unveiling NewMarket Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	london co of virginia	6.90%	661,611	SC 13G/A
Feb 13, 2024	bank of america corp /de/	9.4%	899,434	SC 13G/A
Feb 13, 2024	vanguard group inc	7.53%	722,184	SC 13G/A
Jan 29, 2024	blackrock inc.	6.3%	607,456	SC 13G/A
Feb 14, 2023	bank of america corp /de/	9.4%	928,204	SC 13G/A
Feb 14, 2023	london co of virginia	6.85%	676,173	SC 13G/A
Feb 13, 2023	floyd d. gottwald, jr. living trust	1.0%	1e+05	SC 13G/A
Feb 09, 2023	vanguard group inc	7.16%	706,908	SC 13G/A
Feb 01, 2023	blackrock inc.	6.2%	614,717	SC 13G/A
May 23, 2022	floyd d. gottwald, jr. living trust	5.0%	5	SC 13G

Recent SEC filings of NewMarket Corp

View All Filings

Date Filed	Form Type	Document
Apr 25, 2024	10-Q	Quarterly Report
Apr 25, 2024	8-K	Current Report
Apr 24, 2024	8-K	Current Report
Mar 11, 2024	ARS	ARS
Mar 11, 2024	DEF 14A	DEF 14A
Mar 11, 2024	DEFA14A	DEFA14A
Mar 08, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 07, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading

Peers (Alternatives to NewMarket Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	55.3B	12.2B	4.18%	-15.88%	22.4	4.55	-7.47%	13.44%
DOW	41.1B	43.5B	-2.24%	7.76%	32.39	0.94	-18.61%	-57.39%
CE	17.7B	10.9B	0.09%	53.53%	9.04	1.62	13.10%	3.48%
AVTR	16.9B	6.9B	-3.98%	23.64%	64.9	2.46	-6.48%	-57.90%
ALB	15.5B	8.4B	6.57%	-29.22%	45.83	1.84	-4.27%	-90.82%
EMN	11.8B	9.1B	0.81%	24.63%	12.8	1.3	-11.38%	33.67%
MID-CAP
CBT	5.6B	3.9B	8.49%	43.15%	12.6	1.43	-9.12%	26.64%
BCPC	5.0B	929.6M	3.59%	21.49%	43.91	5.42	-1.74%	15.81%
AVNT	4.2B	3.1B	8.86%	19.59%	40.24	1.35	-6.69%	-83.56%
ARCH	2.9B	3.0B	5.03%	26.13%	9.04	0.98	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	641.0M	1.5B	-16.06%	-31.40%	281.99	0.44	-21.27%	-97.94%
CMT	165.3M	336.4M	0.89%	-5.09%	9.07	0.49	-12.92%	28.47%
AREC	98.2M	16.7M	-11.43%	-17.88%	-8.3	5.86	-57.58%	-718.66%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

NewMarket Corp News

Latest updates

NewMarket Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	8.3%	697	643	667	685	703	683	696	724	663	577	622	591	567	528	513	411	559	534	556	563	537
Gross Profit	22.2%	216	177	202	196	198	180	148	157	155	107	138	141	162	151	167	97.00	181	143	163	171	153
S&GA Expenses	20.6%	44.00	37.00	37.00	37.00	40.00	36.00	35.00	38.00	36.00	35.00	40.00	35.00	37.00	37.00	35.00	35.00	36.00	38.00	38.00	35.00	37.00
R&D Expenses	-20.0%	31.00	39.00	32.00	34.00	33.00	34.00	34.00	35.00	36.00	37.00	35.00	36.00	36.00	38.00	33.00	34.00	36.00	38.00	36.00	37.00	33.00
EBITDA Margin	4.0%	0.23*	0.22*	0.22*	0.20*	0.18*	0.17*	0.15*	0.14*	0.14*	0.16*	0.18*	0.21*	0.21*	0.22*	0.21*	0.20*	0.22*	0.20*	-	-	-
Interest Expenses	120.2%	16.00	7.00	9.00	10.00	11.00	10.00	8.00	7.00	9.00	10.00	9.00	9.00	6.00	6.00	6.00	7.00	7.00	7.00	7.00	8.00	8.00
Income Taxes	23.7%	30.00	24.00	23.00	25.00	28.00	18.00	17.00	19.00	14.00	13.00	9.00	15.00	20.00	9.00	22.00	5.00	25.00	17.00	20.00	23.00	19.00
Earnings Before Taxes	31.6%	138	105	134	125	125	108	80.00	86.00	74.00	30.00	61.00	67.00	89.00	76.00	118	27.00	110	67.00	87.00	97.00	81.00
EBT Margin	2.8%	0.19*	0.18*	0.18*	0.16*	0.14*	0.13*	0.10*	0.10*	0.09*	0.11*	0.13*	0.16*	0.15*	0.16*	0.16*	0.14*	0.16*	0.15*	-	-	-
Net Income	34.0%	108	80.00	111	100	98.00	91.00	63.00	66.00	59.00	17.00	52.00	52.00	70.00	67.00	96.00	22.00	86.00	50.00	68.00	74.00	62.00
Net Income Margin	2.8%	0.15*	0.14*	0.15*	0.13*	0.11*	0.10*	0.08*	0.08*	0.07*	0.08*	0.10*	0.13*	0.13*	0.13*	0.13*	0.11*	0.13*	0.12*	-	-	-
Free Cashflow	-43.5%	89.00	158	134	138	98.00	77.00	-21.00	2.00	-5.83	5.00	21.00	31.00	29.00	35.00	102	10.00	44.00	82.00	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	36.8%	3,157	2,309	2,290	2,366	2,351	2,407	2,337	2,331	2,282	2,558	2,437	2,479	2,399	1,934	1,880	1,799	1,934	1,885	1,771	1,767	1,798
Current Assets	7.7%	1,119	1,040	1,066	1,140	1,132	1,192	1,174	1,161	1,114	1,388	1,367	1,423	1,352	898	854	790	931	879	827	829	856
Cash Equivalents	4.6%	117	112	103	131	70.00	69.00	72.00	79.00	85.00	83.00	60.00	154	522	125	118	102	179	144	80.00	73.00	78.00
Inventory	8.2%	494	456	503	537	566	631	592	530	524	499	479	458	415	401	370	355	371	366	371	376	396
Net PPE	16.3%	762	655	650	656	658	660	653	663	671	677	677	680	672	665	649	639	634	635	624	630	633
Liabilities	62.8%	2,005	1,232	1,318	1,473	1,529	1,644	1,669	1,609	1,521	1,796	1,664	1,630	1,589	1,174	1,157	1,164	1,294	1,202	1,142	1,178	1,260
Current Liabilities	7.3%	391	364	332	349	358	424	426	447	412	725	391	372	336	312	309	234	313	309	280	283	260
Long Term Debt	98.8%	1,279	644	779	916	958	1,004	1,009	911	841	790	992	991	990	599	609	690	741	643	640	679	782
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	349	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	98.8%	1,279	644	779	916	958	1,004	1,009	911	841	790	992	991	990	599	609	690	741	643	-	-	-
Shareholder's Equity	7.0%	1,152	1,077	972	893	822	762	667	721	760	762	773	849	810	760	724	635	639	683	629	589	538
Retained Earnings	7.6%	1,180	1,096	1,037	947	883	834	816	836	845	844	945	1,012	981	932	886	812	816	844	815	768	714
Shares Outstanding	0.0%	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	10.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	-	-	-
Float	-	-	-	-	2,668	-	-	-	2,142	-	-	-	2,563	-	-	-	3,166	-	-	-	3,222	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-40.1%	102,839	171,607	142,826	152,475	109,915	92,658	-8,404	17,585	6,781	20,318	40,964	54,683	49,371	67,834	122,023	29,836	64,461	103,965	82,631	131,484	19,132
Cashflow From Investing	-5066.6%	-697,488	-13,500	-8,787	-14,125	-11,881	-15,767	-12,595	-15,195	359,447	-15,851	-23,407	-401,629	-20,524	-33,183	-45.00	-20,909	-20,106	-22,302	-13,913	-12,866	-10,353
Cashflow From Financing	495.5%	601,391	-152,054	-159,811	-78,678	-97,051	-83,218	15,557	-5,847	-365,849	19,386	-110,338	-23,357	369,442	-31,253	-107,570	-86,746	-5,894	-19,500	-60,892	-123,567	-4,120
Dividend Payments	11.2%	23,986	21,577	21,578	21,587	20,292	20,473	20,930	21,290	21,570	21,794	22,590	20,763	20,763	20,750	20,751	20,756	21,160	21,258	21,260	19,579	19,579
Buy Backs	-	-	-	-71.50	14,528	28,479	54,501	62,340	55,498	37,347	104,509	99,460	-	-	7,433	1,434	5,662	79,473	-	-	-	-

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NEU Income Statement

2024-03-31

Consolidated Statements Of Income - USD ($) $ in Thousands	3 Months Ended
Consolidated Statements Of Income - USD ($) $ in Thousands	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net sales	$ 696,736	$ 702,789
Cost of goods sold	480,371	504,745
Gross profit	216,365	198,044
Selling, general, and administrative expenses	44,365	39,847
Research, development, and testing expenses	31,200	33,156
Operating profit	140,800	125,041
Interest and financing expenses, net	15,654	10,773
Other income (expense), net	12,547	10,880
Income before income tax expense	137,693	125,148
Income tax expense	29,961	27,565
Net income	$ 107,732	$ 97,583
Earnings per share - basic (in dollars per share)	$ 11.23	$ 10.09
Earnings per share - diluted (in dollars per share)	11.23	10.09
Cash dividends declared per share (in dollars per share)	$ 2.50	$ 2.10

NEU Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 117,066	$ 111,936
Trade and other accounts receivable, less allowance for credit losses	464,687	432,349
Inventories	493,554	456,234
Prepaid expenses and other current assets	44,013	39,051
Total current assets	1,119,320	1,039,570
Property, plant, and equipment, net	761,685	654,747
Intangibles (net of amortization) and goodwill	768,918	124,642
Prepaid pension cost	377,941	370,882
Operating lease right-of-use assets, net	76,186	70,823
Deferred charges and other assets	53,449	48,207
Total assets	3,157,499	2,308,871
Current liabilities:
Accounts payable	260,451	231,137
Accrued expenses	72,668	76,546
Dividends payable	21,365	19,212
Income taxes payable	15,403	6,131
Operating lease liabilities	15,505	15,074
Other current liabilities	5,402	16,064
Total current liabilities	390,794	364,164
Long-term debt	1,279,457	643,622
Operating lease liabilities-noncurrent	59,713	55,058
Other noncurrent liabilities	275,247	168,966
Total liabilities	2,005,211	1,231,810
Commitments and contingencies (Note 10)
Shareholders’ equity:
Common stock and paid-in capital (with no par value; authorized shares - 80,000,000; issued and outstanding shares - 9,594,250 at March 31, 2024 and 9,590,086 at December 31, 2023)	1,406	2,130
Accumulated other comprehensive loss	(28,874)	(21,071)
Retained earnings	1,179,756	1,096,002
Total shareholders' equity	1,152,288	1,077,061
Total liabilities and shareholders’ equity	$ 3,157,499	$ 2,308,871

About NewMarket Corp

NewMarket Corporation, through its subsidiaries, primarily engages in the manufacture and sale of petroleum additives. The company offers lubricant additives for use in various vehicle and industrial applications, including engine oils, transmission fluids, off-road powertrain and hydraulic systems, gear oils, hydraulic oils, turbine oils, and other applications where metal-to-metal moving parts are utilized; engine oil additives designed for passenger cars, motorcycles, on and off-road heavy duty commercial equipment, locomotives, and engines in ocean-going vessels; driveline additives designed for products, such as transmission fluids, axle fluids, and off-road powertrain fluids; and industrial additives designed for products for industrial applications consisting of hydraulic fluids, grease, industrial gear fluids, and industrial specialty applications, such as turbine oils. It also provides fuel additives that are used to enhance the oil refining process and the performance of gasoline, diesel, biofuels, and other fuels to industry, government, original equipment manufacturers, and individual customers. In addition, the company engages in the marketing of antiknock compounds, as well as contracted manufacturing and services activities; and owns and manages a real property in Virginia. It operates in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia.

CEO	Mr. Thomas E. Gottwald
WEBSITE	newmarket.com
INDUSTRY	Chemicals
EMPLOYEES	2058

NewMarket Corp Frequently Asked Questions

What is the ticker symbol for NewMarket Corp? What does NEU stand for in stocks?

NEU is the stock ticker symbol of NewMarket Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of NewMarket Corp (NEU)?

As of Tue May 07 2024, market cap of NewMarket Corp is 5.4 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NEU stock?

You can check NEU's fair value in chart for subscribers.

What is the fair value of NEU stock?

You can check NEU's fair value in chart for subscribers. The fair value of NewMarket Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of NewMarket Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NEU so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is NewMarket Corp a good stock to buy?

The fair value guage provides a quick view whether NEU is over valued or under valued. Whether NewMarket Corp is cheap or expensive depends on the assumptions which impact NewMarket Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NEU.

What is NewMarket Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, NEU's PE ratio (Price to Earnings) is 13.52 and Price to Sales (PS) ratio is 2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NEU PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on NewMarket Corp's stock?

In the past 10 years, NewMarket Corp has provided 0.057 (multiply by 100 for percentage) rate of return.