StockChartsAI.com
All Chart Prices Delayed at least 15 minutesBefore accessing this site, you agree that you have read and agree to the disclaimers at the bottom of this page.
Stock Charts AI Power Rank: 1.6
Power Rank trend -> Rising
01/17/2025 16:10:00 EST
NewMarket Corporation (NEU)
Industry: Specialty Chemicals
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, NEU has been trading in a range between $532.16 and $482.93 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
NewMarket Corporation $NEU entered a Red zone 21 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $450, a potential down side of -9.2% from the recent price of 495.59. The stock is trading 28.83% (potential upside) below its 52 week high of $638.47 and 3.25 % (potential downside) above its 52 week low of $480.00 - based on the recent price.
Company Summary
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.
News
| NewMarket Corporation Schedules Conference Call and Webcast to Review Fourth Quarter and Full Year 2024 Financial Results RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) announced today it expects to release fourth quarter and full year 2024 earnings at the close of business on Monday, February 3, 2025. The earnings announcement will also be available on the Company's website at www.NewMarket.com the following day. A conference call and webcast are scheduled for 3:00 pm ET on Tuesday, February 4, 2025 to review fourth quarter and full year 2024 financial results. You can access the conference cal. Source: Business Wire Fri, 03 Jan 2025 17:01:00 -0500 Sentiment: Neutral |
| NewMarket Announces the Election of Executive Vice President and General Counsel RICHMOND, Va.--(BUSINESS WIRE)--NewMarket Corporation (NYSE: NEU) (the “Company”) announces today that Bryce D. Jewett III has been elected Executive Vice President and General Counsel, effective January 1, 2025. He had previously been serving as Vice President and General Counsel of the Company. Prior to joining the Company in 2020, Mr. Jewett was a Partner at McGuireWoods LLP where his practice focused on Mergers and Acquisitions. NewMarket Corporation is a holding company operating through i. Source: Business Wire Mon, 16 Dec 2024 17:01:00 -0500 Sentiment: Neutral |
| NewMarket Corporation Authorizes New Share Repurchase Program RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) (the “Company”) approved a new share repurchase program authorizing management to repurchase up to $500 million of the Company's outstanding common stock through December 31, 2027, as market conditions warrant and covenants under the Company's existing debt agreements permit. The new repurchase program will replace the Company's existing $500 million repurchase program approved by the Board of Directors. Source: Business Wire Thu, 12 Dec 2024 17:01:00 -0500 Sentiment: Neutral |
| NewMarket Corporation Declares Quarterly Dividend RICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors of NewMarket Corporation (NYSE: NEU) declared a quarterly dividend in the amount of $2.50 per share on the common stock of the Corporation. The dividend is payable January 2, 2025, to NewMarket shareholders of record at the close of business on December 16, 2024. NewMarket Corporation is a holding company operating through its subsidiaries Afton Chemical Corporation (Afton), Ethyl Corporation (Ethyl), and American Pacific Corporation (AMPAC. Source: Business Wire Thu, 24 Oct 2024 17:01:00 -0400 Sentiment: Neutral |
| NewMarket Corporation (NEU) Q3 2024 Earnings Call Transcript NewMarket Corporation (NYSE:NEU ) Q3 2024 Results Conference Call October 24, 2024 3:00 PM ET Company Participants Bill Skrobacz - VP & CFO Operator Good day, and welcome to the NewMarket Corporation's scheduled conference call and webcast to review the Third Quarter 2024 Financial Results. At this time, all participants are in a listen-only mode. Source: Seeking Alpha Thu, 24 Oct 2024 16:09:03 -0400 Sentiment: Neutral |
Technicals 52 Week Hi: 638.4695 52 Week Low: 480 Beta: 0.512 50 Day MA: 530.443 200 Day MA: 542.861 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.189 Qtr Revenue Growth YOY: 0.087 Forward PE: 0 Trailing PE: 11.0009