(NEU) NewMarket - Ratings and Ratios

NewMarket Corporation (NYSE:NEU) is a leading specialty chemicals company primarily engaged in the production and distribution of petroleum additives. The companys product portfolio includes a range of lubricant additives used in engine oils, transmission fluids, hydraulic systems, and industrial gear oils, catering to both automotive and industrial sectors. Additionally, NewMarket provides fuel additives that enhance oil refining processes and improve the performance of various fuels, including gasoline, diesel, and biofuels. The company also engages in the marketing of antiknock compounds and offers contracted manufacturing services. NewMarket owns and manages a real property in Virginia and operates globally, with a presence in North America, Latin America, the Asia Pacific, Europe, the Middle East, Africa, and India. Founded in 1887, NewMarket Corporation is headquartered in Richmond, Virginia.

Ticker Symbol: NEU (NYSE), the company is classified under the Specialty Chemicals sub-industry. With a market capitalization of $5.35 billion, NewMarket demonstrates strong profitability with a return on equity (RoE) of 31.64%. The stock is currently trading at $600.98, with a 20-day average volume of 44,777 shares. The price-to-earnings (P/E) ratio stands at 11.60, and the price-to-book (P/B) ratio is 3.63. The companys price-to-sales (P/S) ratio is 1.92, indicating its valuation relative to revenue.

Based on technical and fundamental analysis, the 3-month forecast for NewMarket Corporation (NYSE:NEU) suggests a bullish outlook. The stock is trading above its 20-day and 50-day simple moving averages (SMA), with the SMA 20 at 561.51 and SMA 50 at 551.82, indicating positive momentum. The SMA 200 of 535.56 further supports the bullish trend. The Average True Range (ATR) of 15.13 suggests moderate volatility, which could present opportunities for traders. Fundamentally, the companys strong RoE of 31.64% and reasonable P/E ratio of 11.60 indicate solid profitability and attractive valuation. The P/S ratio of 1.92 aligns with industry standards, signaling stable revenue performance. Overall, the combination of favorable technical indicators and robust fundamental metrics positions NewMarket Corporation for potential growth in the next quarter.