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NEU

NEU - NewMarket Corp Stock Price, Fair Value and News

634.62USD+5.04 (+0.80%)Market Closed

Market Summary

NEU
USD634.62+5.04
Market Closed
0.80%

NEU Alerts

  • 1 major insider sales recently.

NEU Stock Price

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NEU RSI Chart

NEU Valuation

Market Cap

6.1B

Price/Earnings (Trailing)

15.65

Price/Sales (Trailing)

2.26

EV/EBITDA

10.3

Price/Free Cashflow

11.52

NEU Price/Sales (Trailing)

NEU Profitability

Operating Margin

41.26%

EBT Margin

18.12%

Return on Equity

36.1%

Return on Assets

16.84%

Free Cashflow Yield

8.68%

NEU Fundamentals

NEU Revenue

Revenue (TTM)

2.7B

Rev. Growth (Yr)

-5.74%

Rev. Growth (Qtr)

-3.57%

NEU Earnings

Earnings (TTM)

388.9M

Earnings Growth (Yr)

-11.17%

Earnings Growth (Qtr)

-27.72%

Breaking Down NEU Revenue

Last 7 days

1.4%

Last 30 days

-0.3%

Last 90 days

16.3%

Trailing 12 Months

75.5%

How does NEU drawdown profile look like?

NEU Financial Health

Current Ratio

2.85

Debt/Equity

0.23

Debt/Cashflow

2.31

NEU Investor Care

Dividend Yield

1.39%

Dividend/Share (TTM)

8.85

Buy Backs (1Y)

0.99%

Diluted EPS (TTM)

40.44

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20232.8B2.8B2.7B2.7B
20222.5B2.6B2.7B2.8B
20212.0B2.2B2.3B2.4B
20202.2B2.1B2.0B2.0B
20192.2B2.2B2.2B2.2B
20182.2B2.3B2.3B2.3B
20172.1B2.1B2.1B2.2B
20162.1B2.1B2.0B2.0B
20152.3B2.3B2.2B2.1B
20142.3B2.3B2.3B2.3B
20132.2B2.2B2.2B2.3B
20122.2B2.2B2.2B2.2B
20111.9B2.0B2.1B2.1B
20101.6B1.7B1.7B1.8B
200901.6B1.6B1.5B
20080001.6B

Tracking the Latest Insider Buys and Sells of NewMarket Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold NEU recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
reduced
-0.21
302,431
1,837,310
-%
Mar 11, 2024
VANGUARD GROUP INC
added
0.59
67,506,000
394,190,000
0.01%
Mar 08, 2024
TRUST CO OF VERMONT
new
-
19,104
19,104
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
94.35
23,176,200
40,584,700
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-4.12
663,782
5,087,680
0.02%
Feb 26, 2024
Virtu Financial LLC
new
-
957,000
957,000
0.08%
Feb 26, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
219,000
1,319,000
0.01%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
1.05
322,000
1,846,000
-%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
added
1.99
271,203
1,485,200
0.01%
Feb 15, 2024
Legal & General Group Plc
reduced
-0.89
921,507
5,799,990
-%

1–10 of 49

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 FiledName of FilerPercent of ClassNo. of SharesForm 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
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
Feb 29, 2024
4
Insider Trading
Feb 29, 2024
4
Insider Trading
Feb 28, 2024
8-K/A
Current Report

What is the Fair Value of NEU?

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>

Cheap
or
Expensive?


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

Peers (Alternatives to NewMarket Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
53.9B
12.4B
4.55% -11.77%
23.06
4.34
-3.54% 3.06%
40.9B
44.6B
2.95% 8.08%
61.94
0.92
-21.58% -85.78%
18.7B
10.9B
14.89% 62.25%
9.55
1.71
13.10% 3.48%
17.3B
7.0B
4.75% 21.70%
54.01
2.49
-7.26% -53.23%
15.5B
9.6B
2.45% -41.31%
9.83
1.61
31.38% -41.50%
11.8B
9.2B
16.33% 21.36%
13.15
1.28
-12.95% 12.74%
MID-CAP
5.1B
3.9B
10.55% 21.73%
11.5
1.3
-9.12% 26.64%
5.0B
922.4M
0.20% 23.80%
46.06
5.42
-2.11% 3.01%
4.0B
3.1B
8.18% 8.09%
52.03
1.26
-7.48% -89.19%
3.0B
3.1B
-5.27% 23.50%
6.39
0.94
-15.54% -65.21%
SMALL-CAP
1.2B
404.0M
0.11% 32.60%
36.59
3
24.06% -25.72%
763.6M
1.5B
3.96% -23.14%
13.98
0.5
-21.18% -60.55%
171.1M
357.7M
4.13% 7.74%
8.42
0.48
-5.20% 66.55%
110.4M
21.4M
0.71% 5.22%
13.13
5.17
-45.68% 139.98%
3.7M
-
-80.00% -99.58%
-0.01
0.01
- -

NewMarket Corp News

Latest updates
StockNews.com • 40 hours ago
MarketBeat • 08 Mar 2024 • 08:00 am
Defense World • 07 Mar 2024 • 08:00 am

NewMarket Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-3.6%643667685703683696724663577622591567528513411559534556563537538
Gross Profit-12.2%17720219619818014815715510713814116215116797.00181143163171153142
  S&GA Expenses-1.6%37.0037.0037.0040.0036.0035.0038.0036.0035.0040.0035.0037.0037.0035.0035.0036.0038.0038.0035.0037.0032.00
  R&D Expenses22.2%39.0032.0034.0033.0034.0034.0035.0036.0037.0035.0036.0036.0038.0033.0034.0036.0038.0036.0037.0033.0034.00
EBITDA Margin0.3%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*0.21*---
Interest Expenses-22.9%7.009.0010.0011.0010.008.007.009.0010.009.009.006.006.006.007.007.007.007.008.008.008.00
Income Taxes4.2%24.0023.0025.0028.0018.0017.0019.0014.0013.009.0015.0020.009.0022.005.0025.0017.0020.0023.0019.008.00
Earnings Before Taxes-22.2%10513412512510880.0086.0074.0030.0061.0067.0089.0076.0011827.0011067.0087.0097.0081.0071.00
EBT Margin0.7%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*0.15*---
Net Income-27.7%80.0011110098.0091.0063.0066.0059.0017.0052.0052.0070.0067.0096.0022.0086.0050.0068.0074.0062.0063.00
Net Income Margin-1.1%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*0.12*---
Free Cashflow18.0%15813413898.0077.00-21.002.00-5.835.0021.0031.0029.0035.0010210.0044.0082.0069.00---
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets0.8%2,3092,2902,3662,3512,4072,3372,3312,2822,5582,4372,4792,3991,9341,8801,7991,9341,8851,7711,7671,7981,697
  Current Assets-2.4%1,0401,0661,1401,1321,1921,1741,1611,1141,3881,3671,4231,352898854790931879827829856813
    Cash Equivalents9.1%11210313170.0069.0072.0079.0085.0083.0060.0015452212511810217914480.0073.0078.0073.00
  Inventory-9.4%456503537566631592530524499479458415401370355371366371376396396
  Net PPE0.7%655650656658660653663671677677680672665649639634635624630633644
Liabilities-6.6%1,2321,3181,4731,5291,6441,6691,6091,5211,7961,6641,6301,5891,1741,1571,1641,2941,2021,1421,1781,2601,207
  Current Liabilities9.6%364332349358424426447412725391372336312309234313309280283260271
  Long Term Debt-17.4%6447799169581,0041,009911841790992991990599609690741643640679782771
    LT Debt, Current---------349------------
    LT Debt, Non Current-17.4%6447799169581,0041,009911841790992991990599609690741643----
Shareholder's Equity10.8%1,077972893822762667721760762773849810760724635639683629589538490
  Retained Earnings5.7%1,0961,0379478838348168368458449451,012981932886812816844815768714671
Shares Outstanding0.0%10.0010.0010.0010.0010.0010.0010.0010.0010.0011.0011.0011.0011.0011.0011.0011.0011.0011.00---
Float---2,668---2,142---2,563---3,166---3,222--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations20.2%171,607142,826152,475109,91592,658-8,40417,5856,78120,31840,96454,68349,37167,834122,02329,83664,461103,96582,631131,48419,13296,766
Cashflow From Investing-53.6%-13,500-8,787-14,125-11,881-15,767-12,595-15,195359,447-15,851-23,407-401,629-20,524-33,183-45.00-20,909-20,106-22,302-13,913-12,866-10,353-19,468
Cashflow From Financing4.9%-152,054-159,811-78,678-97,051-83,21815,557-5,847-365,84919,386-110,338-23,357369,442-31,253-107,570-86,746-5,894-19,500-60,892-123,567-4,120-151,377
  Dividend Payments0.0%21,57721,57821,58720,29220,47320,93021,29021,57021,79422,59020,76320,76320,75020,75120,75621,16021,25821,26019,57919,57919,670
  Buy Backs100.0%--71.5014,52828,47954,50162,34055,49837,347104,50999,460--7,4331,4345,66279,473----83,367

NEU Income Statement

2023-12-31
Consolidated Statements Of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 2,698,419$ 2,764,799$ 2,356,110
Cost of goods sold1,925,9062,124,3021,808,403
Gross profit772,513640,497547,707
Selling, general, and administrative expenses151,470145,106145,973
Research, development, and testing expenses137,998140,252143,952
Operating profit483,045355,139257,782
Interest and financing expenses, net37,35935,20234,218
Loss on early extinguishment of debt07,5450
Other income (expense), net43,27635,34223,987
Income before income tax expense488,962347,734247,551
Income tax expense100,09868,19656,643
Net income$ 388,864$ 279,538$ 190,908
Earnings Per Share, Diluted$ 40.44$ 27.77$ 17.71
Earnings Per Share, Basic$ 40.44$ 27.77$ 17.71

NEU Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 111,936$ 68,712
Trade and other accounts receivable, net432,349453,692
Inventories456,234631,383
Prepaid expenses and other current assets39,05138,338
Total current assets1,039,5701,192,125
Property, plant, and equipment, net654,747659,998
Intangibles (net of amortization) and goodwill124,642126,069
Prepaid pension cost370,882302,584
Operating lease right-of-use assets70,82362,417
Deferred charges and other assets48,20763,625
Total assets2,308,8712,406,818
Current liabilities:  
Accounts payable231,137273,289
Accrued expenses76,54689,508
Dividends payable19,21217,850
Income taxes payable6,13116,109
Operating lease liabilities15,07415,569
Other current liabilities16,06411,562
Total current liabilities364,164423,887
Long-Term Debt, Excluding Current Maturities643,6221,003,737
Operating lease liabilities - noncurrent55,05846,968
Other noncurrent liabilities168,966169,819
Total liabilities1,231,8101,644,411
Commitments and contingencies (Note 20)
Shareholders’ equity:  
Common stock and paid-in capital (with no par value; authorized shares - 80,000,000; issued and outstanding - 9,590,086 at December 31, 2023 and 9,702,147 at December 31, 2022)2,1300
Accumulated other comprehensive loss(21,071)(71,995)
Retained earnings1,096,002834,402
Total shareholders' equity1,077,061762,407
Total liabilities and shareholders' equity$ 2,308,871$ 2,406,818
NEU
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
 WEBSITEwww.newmarket.com
 EMPLOYEES2058

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 Thu Mar 28 2024, market cap of NewMarket Corp is 6.09 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 Thu Mar 28 2024, NEU's PE ratio (Price to Earnings) is 15.65 and Price to Sales (PS) ratio is 2.26. 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 0.065 (multiply by 100 for percentage) rate of return.