Latest news with #AKZOY
Yahoo
30-06-2025
- Business
- Yahoo
Is AkzoNobel (AKZOY) Stock Outpacing Its Basic Materials Peers This Year?
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Akzo Nobel NV (AKZOY) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question. Akzo Nobel NV is a member of the Basic Materials sector. This group includes 232 individual stocks and currently holds a Zacks Sector Rank of #13. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within the sector to gauge the strength of each group. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Akzo Nobel NV is currently sporting a Zacks Rank of #2 (Buy). Over the past 90 days, the Zacks Consensus Estimate for AKZOY's full-year earnings has moved 10.9% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Based on the latest available data, AKZOY has gained about 17.3% so far this year. In comparison, Basic Materials companies have returned an average of 9.6%. This shows that Akzo Nobel NV is outperforming its peers so far this year. Another Basic Materials stock, which has outperformed the sector so far this year, is Compass Minerals (CMP). The stock has returned 78% year-to-date. For Compass Minerals, the consensus EPS estimate for the current year has increased 25.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Akzo Nobel NV belongs to the Chemical - Diversified industry, which includes 28 individual stocks and currently sits at #212 in the Zacks Industry Rank. On average, stocks in this group have lost 15.6% this year, meaning that AKZOY is performing better in terms of year-to-date returns. Compass Minerals is also part of the same industry. Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Akzo Nobel NV and Compass Minerals as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Akzo Nobel NV (AKZOY) : Free Stock Analysis Report Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
13-06-2025
- Business
- Yahoo
Is AkzoNobel (AKZOY) Outperforming Other Basic Materials Stocks This Year?
Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Akzo Nobel NV (AKZOY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question. Akzo Nobel NV is a member of our Basic Materials group, which includes 233 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. Akzo Nobel NV is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for AKZOY's full-year earnings has moved 9.2% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. Our latest available data shows that AKZOY has returned about 15.8% since the start of the calendar year. At the same time, Basic Materials stocks have gained an average of 10%. This shows that Akzo Nobel NV is outperforming its peers so far this year. Compass Minerals (CMP) is another Basic Materials stock that has outperformed the sector so far this year. Since the beginning of the year, the stock has returned 70.7%. The consensus estimate for Compass Minerals' current year EPS has increased 39.2% over the past three months. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Akzo Nobel NV belongs to the Chemical - Diversified industry, a group that includes 28 individual stocks and currently sits at #198 in the Zacks Industry Rank. Stocks in this group have lost about 13.9% so far this year, so AKZOY is performing better this group in terms of year-to-date returns. Compass Minerals is also part of the same industry. Going forward, investors interested in Basic Materials stocks should continue to pay close attention to Akzo Nobel NV and Compass Minerals as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Akzo Nobel NV (AKZOY) : Free Stock Analysis Report Compass Minerals International, Inc. (CMP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
03-06-2025
- Business
- Yahoo
DOW Agrees to Divest 50% Ownership in DowAksa Joint Venture
Dow Inc. DOW signed an agreement to sell its 50% interest in DowAksa Advanced Composites Holdings BV (DowAksa) to the other 50% joint venture partner, Aksa Akrilik Kimya Sanayii A.S. The sale proceeds are estimated to be $125 million, which will be used to support DOW's balanced capital allocation approach. This reflects an enterprise value of around 10x the estimated 2025 operating EBITDA. The sale of the stake in the joint venture created in 2012 is expected to close in the third quarter of 2025. DOW's decision to exit is rooted in its best-owner mindset strategy of focusing on its core, high-value downstream businesses. DOW stock has lost 47.1% over the past year compared with the industry's 24.9% decline. Image Source: Zacks Investment Research Dow, on its first-quarter call, said that it remains committed to disciplined execution and increased actions to boost profitability and support cash flow. It continues to take actions to address heightened macroeconomic and geopolitical uncertainties. Dow has delayed the construction of the Fort Saskatchewan Path2Zero project amid the prevailing market conditions. Also, it is expanding the earlier announced review of European assets, mainly in polyurethanes, to address the challenging demand conditions and regulatory environment in the region. These new and earlier announced actions are expected to deliver roughly $6 billion in cash support. DOW currently carries a Zacks Rank #4 (Sell). Some better-ranked stocks in the Basic Materials space are Akzo Nobel N.V. AKZOY, Newmont Corporation NEM and Balchem Corporation BCPC. While AKZOY and NEM currently sport a Zacks Rank #1 (Strong Buy) each, BCPC carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The Zacks Consensus Estimate for Akzo Nobel's current-year earnings is pegged at $1.64 per share, implying a 17.14% year-over-year increase. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once. The Zacks Consensus Estimate for NEM's current-year earnings is pegged at $3.92 per share, indicating a 12.64% year-over-year earnings beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with an average surprise of 32.41%. NEM's shares have gained 40.1% in the past year. The Zacks Consensus Estimate for BCPC's 2025 earnings is pegged at $5.15 per share, indicating a rise of 31% from year-ago levels. The company's earnings beat the consensus estimate in two of the trailing four quarters while missing the rest. Its shares have gained 8.8% in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dow Inc. (DOW) : Free Stock Analysis Report Newmont Corporation (NEM) : Free Stock Analysis Report Akzo Nobel NV (AKZOY) : Free Stock Analysis Report Balchem Corporation (BCPC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
