Innospec (IOSP) Shares Rally 25% in 6 Months: What's Driving It?

Zacks04-03

Innospec Inc.’s IOSP shares have gained 24.6% in the past six months. The company also outperformed the industry’s rise of 2.5% over the same time frame. It has also topped the S&P 500’s nearly 22.6% ...

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It has also topped the S&P 500’s nearly 22.6% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/innospec-iosp-shares-rally-25-152400595.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Innospec (IOSP) Shares Rally 25% in 6 Months: What's Driving It?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nInnospec (IOSP) Shares Rally 25% in 6 Months: What's Driving It?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-03 23:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/innospec-iosp-shares-rally-25-152400595.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Innospec Inc.’s IOSP shares have gained 24.6% in the past six months. The company also outperformed the industry’s rise of 2.5% over the same time frame. It has also topped the S&P 500’s nearly 22.6% ...</p>\n\n<a href=\"https://finance.yahoo.com/news/innospec-iosp-shares-rally-25-152400595.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/innospec-iosp-shares-rally-25-152400595.html","article_id":"2424303822","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/bZ_RsfdOJQ46d.OBs4PG3Q--~B/aD00Nzk7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/76cfc143b9f21a2cf59fe5fd71c13acd"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2424303822","pubTimestamp":1712157840,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Innospec Inc.’s IOSP shares have gained 24.6% in the past six months. The company also outperformed theindustry’s rise of 2.5% over the same time frame. It has also topped the S&P 500’s nearly 22.6% rise over the same period.Let’s take a look at the factors behind the stock’s price appreciation.Innospec, currently carrying Zacks rank #2 , is reaping significant rewards from its robust Oilfield Services division and strategic expansion efforts. The company is dedicated to advancing technology and bolstering margins to foster organic growth across its diverse business spectrum.The consensus estimate for CRS’ current fiscal year earnings is pegged at $4 per share, indicating a year-over-year surge of 250.9%. CRS beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average surprise being 12.2%. The company’s shares have increased 59.4% in the past","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU1623119135.USD":"Natixis Mirova Global Sustainable Equity R-NPF/A USD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU1712237335.SGD":"Natixis Mirova Global Sustainable Equity H-R-NPF/A SGD","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","LU2125910179.SGD":"Natixis Thematics Water H-R/A SGD","LU2041044095.USD":"Blackrock Circular Economy A2 USD","BK4588":"碎股","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU2125910336.SGD":"Natixis Thematics Water R/A SGD","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","IOSP":"英诺斯派材料","IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","LU1923621640.USD":"Natixis Thematics Water R/A USD","BK4156":"煤与消费用燃料","CRS":"卡朋特科技","ECL":"艺康集团","DNN":"丹尼森矿业","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC","BK4006":"钢铁","LU2065732104.USD":"ALLSPRING (LUX) WF GLOBAL SMALL CAP EQUITY \"I\" (USD) ACC","LU0323240290.USD":"HSBC GIF GLOBAL EQUITY CLIMATE CHANGE \"AD\" INC","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","IE00B19Z6F94.USD":"Legg Mason Royce - US Smaller Companies A Acc USD","BK4109":"特种化学制品","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU2092937221.SGD":"Blackrock Circular Economy A2 SGD-H"},"translate_title":"Innospec（IOSP）股价在6个月内上涨25%：是什么推动了它？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRS":1,"DNN":1,"ECL":1,"IOSP":1},"content_text":"Innospec Inc.’s IOSP shares have gained 24.6% in the past six months. The company also outperformed the industry’s rise of 2.5% over the same time frame. It has also topped the S&P 500’s nearly 22.6% rise over the same period.\nImage Source: Zacks Investment Research\nLet’s take a look at the factors behind the stock’s price appreciation.\nWhat’s Driving Innospec?\nInnospec, currently carrying Zacks rank #2 (Buy), is reaping significant rewards from its robust Oilfield Services division and strategic expansion efforts. The company is dedicated to advancing technology and bolstering margins to foster organic growth across its diverse business spectrum.\nIn the fourth quarter, Innospec saw its adjusted earnings per share jump to $1.84 from $1.20 per share a year earlier, surpassing the Zacks Consensus Estimate of $1.59. Despite a 3% drop in revenues to $494.7 million from the previous year’s levels, the company exceeded the Zacks Consensus Estimate of $474 million. The Oilfield Services unit sustained strong performance, while the Performance Chemicals and Fuel Specialties segments saw double-digit growth in operating income and margin expansion.\nThe recent acquisition of QGP Quimica Geral in Brazil is expanding Innospec's global footprint and strengthening its manufacturing capabilities and customer service in South America. QGP's specialization in specialty chemistries, particularly in burgeoning sectors like Agriculture, complements Innospec's existing portfolio. This acquisition aligns with Innospec's mergers and acquisitions strategy, enhancing the Performance Chemicals segment and establishing a manufacturing presence in South America. Innospec underlined its debt-free balance sheet post-acquisition, positioning itself for future M&A activities, shareholder returns and strategic organic growth investments.\nDespite anticipated economic headwinds in 2024, Innospec remains optimistic. The company emphasized its expanding pipeline of technology-driven organic opportunities and the integration of the QGP acquisition as pivotal drivers of growth. Investment in expanding capacity is anticipated to unlock further growth avenues, with new contracts in personal care propelling the Performance Chemicals division forward and technological advancements benefiting the Fuel Specialties unit.\n\nInnospec Inc. Price and Consensus\n\nInnospec Inc. price-consensus-chart | Innospec Inc. Quote\n\n \nStocks to Consider\nSome other top-ranked stocks in the Basic Materials space are Carpenter Technology Corporation CRS, Denison Mines Corp. DNN and Ecolab Inc. ECL, all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.\nThe consensus estimate for CRS’ current fiscal year earnings is pegged at $4 per share, indicating a year-over-year surge of 250.9%. CRS beat the Zacks Consensus Estimate for earnings in each of the last four quarters, with the average surprise being 12.2%. The company’s shares have increased 59.4% in the past year.\nDenison Mines carries a Zacks Rank #1. DNN beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 300%. The company’s shares have soared roughly 105.8% in the past year.\nEcolab has a projected earnings growth rate of 22.65% for the current year. The Zacks Consensus Estimate for ECL’s current-year earnings has been revised upward by 5.4% in the past 60 days. ECL topped the consensus estimate in each of the last four quarters, with the average earnings surprise being 1.7%. The company’s shares have rallied 37% in the past year.\nWant 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\nEcolab Inc. (ECL) : Free Stock Analysis Report\nCarpenter Technology Corporation (CRS) : Free Stock Analysis Report\nDenison Mine Corp (DNN) : Free Stock Analysis Report\nInnospec Inc. (IOSP) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2424303822"}