Added to YB: 2024-08-08
Pitch date: 2024-07-08
IOSP [bullish]
Innospec Inc.
-34.25%
current return
Author Info
No bio for this author
Company Info
Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the Americas, Europe, the Middle East, Africa, and Asia-Pacific.
Market Cap
$1.8B
Pitch Price
$118.92
Price Target
N/A
Dividend
2.35%
EV/EBITDA
23.70
P/E
-1.5K
EV/Sales
0.91
Sector
Chemicals
Category
growth
Royce Investment Four Long-term Small-Cap Portfolio Holding: Innospec Inc.
IOSP: Specialty chemicals maker (3 segments: Performance Chemicals, Fuel Specialties, Oilfield Services). Strong R&D, targeting high-growth niches. 75% of Performance Chemicals sales from eco-friendly personal/home care products. No debt, strong cash flow. Acquisitive in Performance Chemicals (recent Brazil deal). Stock rebounding as destocking eases.
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