News headlines about Neenah Paper (NYSE:NP) have trended somewhat negative this week, Alpha One Sentiment reports. Alpha One, a subsidiary of Accern, ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Neenah Paper earned a media sentiment score of 0.00 on Alpha One’s scale. Alpha One also gave news stories about the basic materials company an impact score of 93 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the immediate future.
Shares of Neenah Paper (NYSE:NP) traded up 0.40% on Friday, reaching $75.90. 67,692 shares of the company were exchanged. The stock has a market capitalization of $1.28 billion, a P/E ratio of 17.91 and a beta of 1.48. The stock has a 50 day moving average price of $74.96 and a 200-day moving average price of $80.41. Neenah Paper has a 12 month low of $62.11 and a 12 month high of $90.22.
Neenah Paper (NYSE:NP) last announced its quarterly earnings results on Wednesday, February 15th. The basic materials company reported $1.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.32. Neenah Paper had a return on equity of 22.20% and a net margin of 7.12%. The business earned $220.50 million during the quarter, compared to the consensus estimate of $231.85 million. On average, equities analysts expect that Neenah Paper will post $4.40 EPS for the current fiscal year.
Separately, Zacks Investment Research raised shares of Neenah Paper from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 11th.
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In related news, SVP Steven S. Heinrichs sold 6,010 shares of the business’s stock in a transaction dated Monday, February 27th. The stock was sold at an average price of $75.62, for a total value of $454,476.20. Following the completion of the transaction, the senior vice president now owns 16,293 shares of the company’s stock, valued at $1,232,076.66. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Sean T. Erwin sold 3,000 shares of the business’s stock in a transaction dated Tuesday, February 21st. The shares were sold at an average price of $76.28, for a total value of $228,840.00. Following the completion of the transaction, the director now directly owns 19,817 shares of the company’s stock, valued at approximately $1,511,640.76. The disclosure for this sale can be found here. 2.00% of the stock is currently owned by company insiders.
About Neenah Paper
Neenah Paper, Inc is a producer of technical products and premium fine papers and packaging. The Company has two primary businesses: technical products business, and fine paper and packaging business. Its segments consist of Technical Products, Fine Paper and Packaging, and Other. The technical products business is an international producer of transportation, water and other filter media and durable, saturated and coated substrates.
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