GallantCEO
Friday, June 9, 2023
  • Home
  • World
    • Economy
    • Politics
  • Business
    • Markets
    • Personal Finance
    • Entrepreneurship
    • Real Estate
    • US Real Estate News
    • UK Property News
  • Tech
    • AI
    • Cryptocurrency
    • Gadget
    • Virtual Reality
    • Startup
  • Health
    • Mental Health
    • Fitness
  • Philantropy
  • Interviews
    • VIP Interviews
  • Community
  • Contribute
  • PR Services
Get Interviewed
GallantCEO
  • Home
  • World
    • Economy
    • Politics
  • Business
    • Markets
    • Personal Finance
    • Entrepreneurship
    • Real Estate
    • US Real Estate News
    • UK Property News
  • Tech
    • AI
    • Cryptocurrency
    • Gadget
    • Virtual Reality
    • Startup
  • Health
    • Mental Health
    • Fitness
  • Philantropy
  • Interviews
    • VIP Interviews
  • Community
  • Contribute
  • PR Services
No Result
View All Result
GallantCEO
No Result
View All Result
Home Business Entrepreneurship

NewMarket (NEU) or Sigma Lithium (SGML): Which Chemical Stock Is a Better Investment?

by GC Journalist
May 26, 2023
in Entrepreneurship
Reading Time: 4 mins read
Share on FacebookShare on Linkedin

Would You like a feature Interview?

 

All Interviews are 100% FREE of Charge

Digital technologies and advanced analytics are revolutionizing the chemical industry, which will drive the growth of chemical giants NewMarket (NEU) and Sigma Lithium (SGML). However, let’s compare the fundamentals of these two stocks to identify which one is the better investment. read.

While the economic slowdown and soaring prices continue to put pressure on the global chemical industry, chemical companies are embracing digital transformation to improve operational efficiency, optimize supply chains and develop innovative products and services. I’m here.

In this article, NewMarket Corporation (NEU) and Brazil-based Sigma Lithium Corporation (SGML), making better investment decisions. Based on a basic comparison of these stocks, I believe NEU is the better buy for the reasons explained throughout this article.

Furthermore, despite the current macroeconomic volatility in the chemical industry, chemical companies continue to: a more sustainable world By embracing sustainability, driving innovation, pursuing strategic partnerships and focusing on resilience.

Both NEU and SGML have risen 24.8% over the past six months. NEU closed last trade at $396.64 and SGML closed at $38.01.

Here’s why I think NEU will perform better in the short term.

Recent financial results

NEU net sales for the first quarter of the fiscal year ended March 31, 2023 were $702.79 million, an increase of 11.1% from the same period last year. Gross profit increased 27.6% year-on-year to $198.04 million, Operating income Sales increased 50.1% year-on-year to $125.04 million.

NEU net income and EPS increased 64.5% and 75.5% year-over-year to $97.58 million and $10.09, respectively.

SGML has announced a delay in filing its Annual Information Form and audited financial statements for the year ending December 31, 2022.

For the third quarter of the fiscal year ended September 30, 2022, SGML’s net loss increased 20.4% year-on-year to C$13.13 million ($9.64 million). Net loss and comprehensive loss for the quarter expanded 15.2% year-on-year to C$13.19 million ($9.69 million). Additionally, net loss per share increased 8.3% year-over-year to $0.13 Canadian.

Profitability

NEU’s forward ROCE of 40.05% is higher than SGML’s negative 50.87%. NEU forward ROTC is 15.41%, higher than SGML’s -31.02%. Furthermore, NEU’s forward ROTA of 13.52% is higher than SGML’s minus 12.60%.

Therefore, NEU is more profitable.

Dividend payment history

SGML does not pay a dividend, but NEU’s annual dividend of $9 equates to a 2.27% yield at current price levels. The four-year average dividend yield is 2.16%. The company’s dividend has increased at his CAGR of 4.1% and 3.7% over the past three and five years respectively.

Additionally, NEU recently announced a quarterly dividend of $2.25 per share of common stock. This is an increase of $0.15 from the previous quarter’s dividend of $2.10 per share. Dividends will be paid on July 3, 2023.

power rating

NEU’s overall rating is a B, which corresponds to our own rating of ‘Buy’. power rating system. On the other hand, SGML has an overall grade of F, which means a strong sell. The POWR rating is calculated taking into account 118 different factors, each weighted optimally.

Our proprietary rating system also evaluates each stock based on eight different categories. NEU has a B growth grade, in line with its strong performance in the previous quarter. However, SGML’s growth rate is D, which is consistent with its poor financial performance in its last reported quarter.

Additionally, the NEU’s 24-month beta value of 0.48 justifies a B grade for stability. On the other hand, SGML’s 24-month beta of 1.47 complements its D grade for stability.

Out of 84 B rated stocks chemicals In the industry, NEU ranks 4th and SGML ranks 80th.

In addition to the above, we also evaluated both stocks on value, momentum, sentiment and quality. click here To view NEU ratings, visit all SGML ratings here.

winner

The chemical industry is expected to expand significantly and thrive due to the increasing demand for chemical products. Both companies operating in this sector are well positioned to take advantage of the growing market opportunities.

However, as mentioned earlier, NEU has a higher potential for revenue growth. In addition, it ranks higher than SGML due to its consistent dividend performance and high profitability. Therefore, NEU may be a better investment than SGML.

Our research shows that investing in stocks with an overall rating of ‘strong buy’ or ‘buy’ increases your odds of success.View All Top Chemical Stocks here.

The bear market isn’t over yet…

That’s why you need to watch this timely presentation from 40-year investing veteran Steve Lightmeister, including trading plans and top picks.

Revision: Stock Market Outlook 2023 >


NEU shares were trading at $398.36 a share Friday morning, up $1.72 (+0.43%). Year-to-date, the NEU is up 28.85%, while the benchmark S&P 500 index is up 9.96% over the same period.


About the author: Kritika Salma

An interest in risky financial products and a passion for writing led Kritika to become an analyst and financial journalist. She has a Bachelor of Commerce degree and currently she is taking the CFA program. With her groundbreaking approach, she aims to help investors identify untapped investment opportunities.

more…

post NewMarket (NEU) or Sigma Lithium (SGML): Which chemical stock is the better investment? first appeared in stocknews.com

Author

  • GC Journalist
    GC Journalist

    As the in-house writer for GallantCEO.com I prefer to remain anonymous as I do not seek anything from my writing only the self gratification of writing for a good cause such as this.

    View all posts

Want to benefit from our PR Services?

       

PR Services for business professionals to make an impact

Tags: ChemicalinvestmentlithiumNEUNewMarketSGMLSigmastock

Related Posts

What Is a Tariff? Here's an Overview of the Basics.
Entrepreneurship

What Is a Tariff? Here’s an Overview of the Basics.

June 9, 2023
3 Secrets to Streamlining Your Accounts Payable Process
Entrepreneurship

3 Secrets to Streamlining Your Accounts Payable Process

June 9, 2023
5 Ways to Build and Maintain Valuable Relationships With Journalists
Entrepreneurship

5 Ways to Build and Maintain Valuable Relationships With Journalists

June 8, 2023
Entrepreneurship

Pete Davidson Still Paying For $280K Boat He Bought ‘Stoned’

June 8, 2023
4 Types Of Pitch Decks ‘Guaranteed’ To Get VC By Proving Aha!
Entrepreneurship

4 Types Of Pitch Decks ‘Guaranteed’ To Get VC By Proving Aha!

June 8, 2023
Entrepreneurship

3 Great Tech Hardware Buys for June

June 8, 2023

Most Viewed Of All Time

  • Trending
  • Comments
  • Latest
John Ferguson

John Ferguson – Audacia Capital plc – Negotiating Winning Deals

March 8, 2023
Marketing Advice for Startups

Marketing Advice for Startups from 13 Marketing Specialists

March 25, 2023
Marnie Swindells Apprentice Winner

Marnie Swindells – Winning the Apprentice to launching Bronx boxing gym

May 11, 2023
nadeem-azam-marketing-b-min 1

Nadeem Azam – Azam Marketing – Enabling 2000 Businesses to Acquire More Customers

May 10, 2023
Tony J Selimi

Tony J Selimi – TJS Cognition Ltd – Unleashing Your Potential To Achieve Personal Excellence Professional Growth and Maximizing Business Potential

June 6, 2023
Grant Miller CEO of Daily Sport at Daily Sport Event

Grant Miller: Transforming the Daily Sport and Charting the Path Ahead with Preston Holidays

May 17, 2023
Chanice Ali 1

Chanice Ali – Onyx Empire Estates LTD – Sourcing High Return Property Investment Opportunities

March 23, 2023
Keely_Woolley

Keely Woolley – Metamorforsuccess – Executive Coach, Trainer & Mentor

April 1, 2023
Untitled-design-3-f7520021ab56a53a2339f953fb4ae84c

Akai Jackson – IXL Today – For my work and message in mental health and self-care

March 31, 2023
Rune Sovndahl reading the Financial Times

Rune Sovndahl – Fantastic Services – From Entrepreneur To Franchisor

March 21, 2023
Globe showing map of China

The China Bubble Is Losing Air But Won’t Burst

Ukrainian Children doing school work at their desks

Ukrainian children say they were taken against their will by Russian forces and placed up for adoption in Russia, where the process has been expedited

Xi Jinping

Xi Jinping wins third term as China’s president

Google Gmail

Google improves Gmail search, Chat with search labels, related results

Netflix Price Rise

Netflix opens ‘immersive’ store for fans of popular shows

Dietrich Mateschitz

Red Bull owner Dietrich Mateschitz dies aged 78

Jeff Bezos

Batten down the hatches: Bezos and fellow billionaires are issuing recession warnings

Bank Buildings in London these are financial institutions where earnings are calculated and interest increases are applied

Banks may see higher tax as a price worth paying for economic stability

Uk Housing Sales

UK Housing Sales Fall But Real Horror Story Yet To Come

NFTs Real Estate

How NFTs Could Change Real Estate

64823400323ab80019853b08jpeg

Programmers in Finance Face Uphill Battle Because of AI

June 9, 2023
What charges he faces and how they could affect his 2024 US election bid

What charges he faces and how they could affect his 2024 US election bid

June 9, 2023
Meta test puts Reels on the Quest

Meta test puts Reels on the Quest

June 9, 2023
23ee6352-5ebf-43df-9c65-ba55d3c33a88png

Bitcoin price can gain 60% if ‘textbook’ chart pattern confirms — Trader

June 9, 2023
Well-established estate agency goes into liquidation

Well-established estate agency goes into liquidation

June 9, 2023
Tech leaders calling for AI pause have no product

Tech leaders calling for AI pause have no product

June 9, 2023
Why Is Your Monthly Mortgage Payment Higher Than You Thought?

Why Is Your Monthly Mortgage Payment Higher Than You Thought?

June 9, 2023
6482cb45a460da00192429aajpeg

Trump Was DJ-Ing, Playing Elvis Tracks From an iPad, After Indictment

June 9, 2023
Rishi Sunak and Joe Biden reset Special Relationship with new 'Atlantic Declaration'

A reset in the special relationship heralds a new era of pragmatism between the US and UK

June 9, 2023
The DeSantis campaign used AI-generated images to attack Trump

The DeSantis campaign used AI-generated images to attack Trump

June 9, 2023

Recent News

64823400323ab80019853b08jpeg

Programmers in Finance Face Uphill Battle Because of AI

June 9, 2023

Categories

  • AI
  • Business
  • Community
  • Cryptocurrency
  • Economy
  • Entrepreneurship
  • Fitness
  • Gadget
  • Health
  • Interviews
  • Markets
  • Mental Health
  • Personal Finance
  • Philantropy
  • Politics
  • Real Estate
  • Startup
  • Tech
  • UK Property News
  • US Real Estate News
  • VIP Interviews
  • Virtual Reality
  • World

Site Navigation

  • Home
  • About Us
  • Privacy & Policy
GallantCEO

GallantCEO providing you with Entrepreneur stories from top CEO's, Successful Business Leaders and the latest trending news.

© GallantCEO all rights reserved 2022

No Result
View All Result
  • Home
  • World
    • Economy
    • Politics
  • Business
    • Markets
    • Personal Finance
    • Entrepreneurship
    • Real Estate
    • US Real Estate News
    • UK Property News
  • Tech
    • AI
    • Cryptocurrency
    • Gadget
    • Virtual Reality
    • Startup
  • Health
    • Mental Health
    • Fitness
  • Philantropy
  • Interviews
    • VIP Interviews
  • Community
  • Contribute
  • PR Services

© GallantCEO all rights reserved 2022

0:00
0:00
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies. However you may visit Cookie Settings to provide a controlled consent.
Cookie settingsACCEPTACCEPT ALL
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.