Innospec Inc

Innospec Inc Stock Forecast & Price Prediction

Live Innospec Inc Stock (IOSP) Price
$111.74

4

Ratings

  • Buy 3
  • Hold 1
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$111.74

P/E Ratio

18.77

Volume Traded Today

$127,517

Dividend

$0.76

52 Week High/low

133.71/95.70

Innospec Inc Market Cap

$2.79B

๐Ÿ›‘ Alert: These ten stocks could have higher potential than $IOSP ๐Ÿ›‘

Before you buy IOSP you'll want to see this list of ten stocks that have huge potential. Want to see if IOSP made the cut? Enter your email below

IOSP Summary

Based on ratings from 4 stock analysts, the Innospec Inc stock price is expected to increase by 15% in 12 months. This is calculated by using the average 12-month stock price forecast for Innospec Inc. The lowest target is $122 and the highest is $135. Please note analyst price targets are not guaranteed and could be missed completely.

IOSP Analyst Ratings

About 4 Wall Street analysts have assignedIOSP 3 buy ratings, 1 hold ratings, and 0 sell ratings. This means that analysts expect Innospec Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on IOSP. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

IOSP stock forecast by analyst

These are the latest 20 analyst ratings of IOSP.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Harrison
Seaport Global

Neutral


Initiates

Mar 30, 2022

CL King

Buy


Initiates

Sep 4, 2019

KeyBanc

Sector Weight


Downgrade

Apr 12, 2019

Keybanc

Sector Weight


Downgrade

Apr 12, 2019
Michael Sison
Keybanc

Overweight

$83

Maintains

Nov 16, 2018

KeyBanc

Overweight


Maintains

Nov 16, 2018
Michael Sison
Keybanc

Overweight

$86

Maintains

Jul 13, 2018

KeyBanc

Overweight


Maintains

Jul 13, 2018

Johnson Rice

Buy


Upgrade

Apr 24, 2018

Johnson Rice

Accumulate


Upgrade

Nov 14, 2017

KeyBanc

Overweight


Maintains

Nov 9, 2017

Monness Crespi Hardt

Neutral


Downgrade

Nov 9, 2017

Monness, Crespi, Hardt

Neutral


Downgrade

Nov 9, 2017
Michael Sison
Keybanc

Overweight

$77

Maintains

Nov 9, 2017

Monness, Crespi, Hardt

Buy


Upgrade

Aug 22, 2017

Monness Crespi Hardt

Buy


Upgrade

Aug 22, 2017

Monness Crespi Hardt

Neutral


Downgrade

Dec 19, 2016

Monness, Crespi, Hardt

Neutral


Downgrade

Dec 19, 2016

Keybanc

Overweight


Upgrade

Apr 5, 2016

KeyBanc

Overweight


Upgrade

Apr 5, 2016

IOSP Company Information

  • Company Name: Innospec Inc.
  • Founded: 1938
  • Headquarters: Englewood, Colorado
  • Former Name: Octel Corp. (renamed in January 2006)
  • Business Model: Develops, manufactures, blends, markets, and supplies specialty chemicals.
  • Geographic Reach: Operates in the United States, North America, the United Kingdom, Europe, and internationally.
  • Key Segments:
    • Fuel Specialties: Provides specialty chemical additives for various fuels used in commercial trucking, aviation, marine and industrial applications.
    • Performance Chemicals: Offers technology-based solutions for personal care, home care, agrochemical, construction, and mining markets.
    • Oilfield Services: Develops chemical solutions for oil and gas operations including drilling and production.
  • Primary Customers: Oil and gas exploration companies, refineries, fuel manufacturers, personal care and home care companies, and other industrial sectors.
IOSP
Innospec Inc (IOSP)

When did it IPO

N/A

Staff Count

2,400

Country

United States

Sector/Industry

Basic Materials/Specialty Chemicals

CEO

Mr. Patrick S. Williams

Market Cap

$2.79B

Innospec Inc (IOSP) Financial Data

In 2023, IOSP generated $1.95B in revenue, which was a decrease of -0.76% from the previous year. This can be seen as a signal that IOSP's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.19B

Revenue From 2021

$1.48B

24.33 %
From Previous Year

Revenue From 2022

$1.96B

32.38 %
From Previous Year

Revenue From 2023

$1.95B

-0.76 %
From Previous Year
  • Revenue TTM $1.89B
  • Operating Margin TTM 9.9%
  • Gross profit TTM $591.1M
  • Return on assets TTM 7.3%
  • Return on equity TTM 13.1%
  • Profit Margin 7.9%
  • Book Value Per Share 47.82%
  • Market capitalisation $2.79B
  • Revenue for 2021 $1.48B
  • Revenue for 2022 $1.96B
  • Revenue for 2023 $1.95B
  • EPS this year (TTM) $5.97

Innospec Inc (IOSP) Latest News

News Image

Wed, 28 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Innospec (NASDAQ: IOSP) released its 2023 Sustainability Report, celebrating 25 years of commitment to sustainable business practices.

Why It Matters - Innospec's 2023 Sustainability Report highlights its long-term commitment to sustainability, enhancing its reputation and potentially attracting environmentally conscious investors.

News Image

Mon, 12 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Innospec (IOSP) reports strong second-quarter results driven by increased volumes in its Performance Chemicals and Fuel Specialties segments.

Why It Matters - Strong results in Performance Chemicals and Fuel Specialties indicate robust demand, potentially boosting Innospec's revenue and profitability, which can positively impact stock performance.

News Image

Wed, 07 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Innospec, Inc. (NASDAQ:IOSP) held its Q2 2024 Earnings Conference Call on August 7, 2024, at 10:00 AM ET, featuring executives including CFO Ian Cleminson and CEO Patrick Williams.

Why It Matters - The earnings call provides insights into Innospec's financial performance, which can influence stock price and investor sentiment, impacting investment decisions.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Innospec Inc. reported Q2 2024 results with operating income for Performance Chemicals more than doubling, Fuel Specialties up double digits, and GAAP EPS at $1.24. The company is debt-free with $240M net cash.

Why It Matters - Innospec's strong earnings growth in Performance Chemicals and a debt-free balance sheet indicate financial health, which may attract investors seeking stability and growth potential.

News Image

Tue, 06 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Innospec (IOSP) reported quarterly earnings of $1.39 per share, exceeding the Zacks Consensus Estimate of $1.37 and up from $1.28 per share a year earlier.

Why It Matters - Innospec's earnings beat expectations and showed year-over-year growth, indicating strong performance and potential for future profitability, which can positively influence investor sentiment.

News Image

Wed, 17 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Innospec (IOSP) shares rose sharply with above-average trading volume, though recent earnings estimate revisions may not lead to further price increases soon.

Why It Matters - Innospec's share surge and high trading volume indicate increased investor interest, but mixed earnings estimates suggest caution regarding future price growth.

...

IOSP Frequently asked questions

The highest forecasted price for IOSP is $135 from at .

The lowest forecasted price for IOSP is $122 from from

The IOSP analyst ratings consensus are 3 buy ratings, 1 hold ratings, and 0 sell ratings.