NE

NewMarket CorpNYSE NEU Stock Report

Last reporting period 30 Jun, 2024

Updated 17 Sep, 2024

Last price

Market cap $B

5.378

Middle

Exchange

XNYS - New York Stock Exchange, Inc

NEU Stock Analysis

NE

Neutral

Based on Eyestock quantitative analysis, NEU`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

84/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

17.4 %

Undervalued

Market cap $B

5.378

Dividend yield

1.75 %

Shares outstanding

9.686 B

NewMarket Corp. operates as a holding company. The company is headquartered in Richmond, Virginia and currently employs 2,058 full-time employees. The firm is a parent company of Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), NewMarket Services Corporation (NewMarket Services), and NewMarket Development Corporation (NewMarket Development). The firm develops and manufactures formulated lubricant and fuel additive packages and markets and sells these products globally. The firm operates through the Petroleum Additives segment. The Petroleum Additives segment is used in lubricating oils and fuels to enable its performance in machinery, vehicles, and other equipment. The firm manufactures chemical components that are selected to perform one or more specific functions and combine those chemicals with other chemicals or components to form additive packages for use in specified end user applications. The petroleum additives market is a global marketplace, with customers ranging from large, integrated oil companies to national, regional, and independent companies.

View Section: Eyestock Rating