Home Sectors Basic Materials Technicals and Fundamentals: Neenah (NYSE: NP)

Technicals and Fundamentals: Neenah (NYSE: NP)


Neenah is part of the basic materials sector and is in the forest products industry. The company CEO is John P. O’Donnell. Neenah Inc, formerly Neenah Paper Inc, is a producer of filtration media and other durable, saturated, and coated substrates, and also premium, specialty and sustainable papers used for premium writing, text, cover, private watermarks.

Previous Intraday Trading Performance:

The NP stock showed a previous change of 1.36% with an open at 61.51 and a close of 62.04. It reached an intraday high of 62.64 and a low of 60.83.

SeekingAlpha:  Dividend Challenger Highlights: Week Of June 2


The stock has a market cap of $1.0b with 16.9m shares outstanding, of which the float is 16.6m shares. Trading volume reached 68,235 shares compared to its average volume of 75,279 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Neenah shares returned 2.89% and in the past 30 trading days it returned -3.56%. Over three months, it changed -2.90%. In one year it has changed -23.82% and within that year its 52-week high was 96.15 and its 52-week low was 56.67. NP stock is 9.47% above its 52 Week Low.

Our calculations show a 200 day moving average of 69.80 and a 50 day moving average of 62.69. Currently NP stock is trading -11.12% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

SeekingAlpha:  Dividend Challenger Highlights: Week Of June 2


The last annual fiscal EPS for the company was reported at 2.12 that ended on 31st of December 2018, which according to the previous close, that is a PE of 29.26. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.76. The TTM EPS is 3.51, which comes to a TTM PE of 17.68. Historically, the PE high was 30.40 and the PE low was 12.10. If the stock reached its PE low, that would represent a price of 42.46, which is a decrease of -31.56%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/02/2019): 0.69
4thQtr of 2018 (Reported on 02/12/2019): 0.76
3rdQtr of 2018 (Reported on 11/06/2018): 0.70
2ndQtr of 2018 (Reported on 08/07/2018): -0.29
1stQtr of 2018 (Reported on 05/09/2018): 0.95

The dividend per share is currently 1.80, which is a dividend yield of 2.90%. Also, the payout ratio is 51.28%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 35.36, which means it may be overvalued by -75.47%.

Indicators to Watch:

Short-interest was 296,978, which was 1.76% of shares outstanding. The short-interest ratio or days-to-cover ratio was 3.44. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.27.

SeekingAlpha:  Microcaps mostly among midday movers

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 8.29%, return on assets is 3.72%, profit margin is 3.28%, price-to-sales is 1.04 and price-to-book is 2.62.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 0  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 4  :Dividend Score
 2  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.