Venator Materials PLC (NYSE:VNTR) Given Consensus Rating of “Hold” by Analysts

Venator Materials PLC (NYSE:VNTRGet Rating) has been given an average recommendation of “Hold” by the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $5.03.

A number of research analysts have weighed in on the stock. Zacks Investment Research cut shares of Venator Materials from a “hold” rating to a “sell” rating in a research note on Friday, January 7th. Bank of America cut shares of Venator Materials from a “neutral” rating to an “underperform” rating and dropped their target price for the company from $2.50 to $2.00 in a research note on Tuesday, March 22nd. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Venator Materials from $4.50 to $3.00 and set a “buy” rating on the stock in a research note on Wednesday, February 23rd. Finally, UBS Group dropped their target price on shares of Venator Materials from $3.50 to $2.95 and set a “neutral” rating on the stock in a research note on Tuesday, January 4th.

Venator Materials stock opened at $1.80 on Friday. Venator Materials has a fifty-two week low of $1.13 and a fifty-two week high of $5.85. The stock has a market cap of $191.81 million, a PE ratio of -2.50, a price-to-earnings-growth ratio of 1.95 and a beta of 1.75. The firm’s 50-day simple moving average is $1.96 and its 200 day simple moving average is $2.45. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.19 and a current ratio of 2.12.

Venator Materials (NYSE:VNTRGet Rating) last released its quarterly earnings results on Tuesday, February 22nd. The company reported ($0.05) earnings per share for the quarter. The firm had revenue of $535.00 million for the quarter, compared to analysts’ expectations of $544.27 million. Venator Materials had a negative return on equity of 0.18% and a negative net margin of 3.48%. During the same quarter last year, the firm posted ($0.12) earnings per share. As a group, analysts predict that Venator Materials will post 0.31 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the stock. Two Sigma Investments LP increased its holdings in Venator Materials by 81.1% during the 3rd quarter. Two Sigma Investments LP now owns 409,449 shares of the company’s stock worth $1,167,000 after acquiring an additional 183,305 shares during the period. Two Sigma Advisers LP increased its holdings in shares of Venator Materials by 18.6% in the 3rd quarter. Two Sigma Advisers LP now owns 691,000 shares of the company’s stock worth $1,969,000 after buying an additional 108,600 shares during the last quarter. Boston Partners increased its holdings in shares of Venator Materials by 34.6% in the 4th quarter. Boston Partners now owns 223,412 shares of the company’s stock worth $567,000 after buying an additional 57,427 shares during the last quarter. Moneta Group Investment Advisors LLC bought a new position in shares of Venator Materials in the 3rd quarter worth $29,000. Finally, Monaco Asset Management SAM bought a new position in shares of Venator Materials in the 4th quarter worth $3,181,000.

About Venator Materials (Get Rating)

Venator Materials PLC, together with its subsidiaries, manufactures and markets chemical products worldwide. It operates through Titanium Dioxide and Performance Additives segments. The Titanium Dioxide segment offers titanium dioxide (TiO2), such as rutile, anatase, and ultrafine TiO2 products for use in coatings, printing inks, PVC window frames, plastic masterbatches, cosmetics, pharmaceuticals, food, polyester and polyamide fibers, catalysts, and cosmetics products.

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Analyst Recommendations for Venator Materials (NYSE:VNTR)

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