NYSE:NEUChemicals
A Look At NewMarket (NEU) Valuation After Resilient Q1 Cash Flow And Yield Despite Revenue Decline
Event overview: cash generation holds up as volumes soften
NewMarket (NEU) reported Q1 conditions in which revenue fell 5% and volumes declined 7%, yet the company still produced solid free cash flow, supporting a yield around 7% as well as ongoing dividends and buybacks.
See our latest analysis for NewMarket.
The Q1 update comes after a strong run in the stock, with the share price up 14.7% over the past month and 23.2% over the past quarter, while total shareholder return sits at 24.6% over...