IOSP - Innospec Inc Stock Price, Fair Value and News

125.27USD+0.31 (+0.25%)Market Closed

Market Summary

USD125.27+0.31

Market Closed

0.25%

IOSP Stock Price

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IOSP RSI Chart

IOSP Valuation

Market Cap

3.1B

Price/Earnings (Trailing)

22.34

Price/Sales (Trailing)

1.59

EV/EBITDA

13.59

Price/Free Cashflow

14.99

IOSP Price/Sales (Trailing)

IOSP Profitability

EBT Margin

8.95%

Return on Equity

12.13%

Return on Assets

8.15%

Free Cashflow Yield

6.67%

IOSP Fundamentals

IOSP Revenue

Revenue (TTM)

1.9B

Rev. Growth (Yr)

-3.13%

Rev. Growth (Qtr)

6.59%

IOSP Earnings

Earnings (TTM)

139.1M

Earnings Growth (Yr)

48.24%

Earnings Growth (Qtr)

-3.57%

Breaking Down IOSP Revenue

Last 7 days

4.1%

Last 30 days

0.2%

Last 90 days

7.4%

Trailing 12 Months

27.1%

How does IOSP drawdown profile look like?

IOSP Financial Health

Current Ratio

2.38

IOSP Investor Care

Dividend Yield

1.65%

Dividend/Share (TTM)

2.06

Shares Dilution (1Y)

0.41%

Diluted EPS (TTM)

5.57

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	2.0B	2.0B	2.0B	1.9B
2022	1.6B	1.7B	1.9B	2.0B
2021	1.2B	1.3B	1.4B	1.5B
2020	1.5B	1.4B	1.3B	1.2B
2019	1.5B	1.5B	1.5B	1.5B
2018	1.4B	1.4B	1.4B	1.5B
2017	965.6M	1.1B	1.2B	1.3B
2016	955.2M	940.3M	891.6M	883.4M
2015	1.0B	1.0B	1.1B	1.0B
2014	854.3M	889.9M	925.4M	960.9M
2013	775.0M	781.5M	790.9M	804.9M
2012	789.9M	781.9M	763.2M	776.4M
2011	705.0M	723.1M	751.2M	774.4M
2010	0	626.7M	655.0M	683.2M
2009	0	0	0	598.5M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

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Russell 2000 Index

Very Expensive Stocks

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Tracking the Latest Insider Buys and Sells of Innospec Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 01, 2024	jones david b.	sold	-314,483	125	-2,500	svp, gc & cco
Feb 29, 2024	williams patrick	acquired	394,907	99.85	3,955	president & ceo
Feb 29, 2024	cleminson ian	acquired	92,960	99.85	931	vp & cfo
Feb 29, 2024	williams patrick	sold	-491,251	124	-3,955	president & ceo
Feb 29, 2024	cleminson ian	sold	-115,508	124	-931	vp & cfo
Feb 27, 2024	williams patrick	sold	-1,203,260	124	-9,667	president & ceo
Feb 26, 2024	padfield larry	acquired	-	-	782	-
Feb 26, 2024	boon philip john	acquired	-	-	1,563	executive vp business ops
Feb 26, 2024	paller robert i	acquired	-	-	782	-
Feb 26, 2024	parrette leslie j	acquired	-	-	782	-

Which funds bought or sold IOSP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-81.19	-856,728	209,914	-%
May 07, 2024	OPPENHEIMER ASSET MANAGEMENT INC.	reduced	-26.72	-601,318	1,975,880	0.03%
May 07, 2024	Swiss National Bank	unchanged	-	279,317	6,318,450	-%
May 06, 2024	SG Americas Securities, LLC	reduced	-76.26	-501,000	166,000	-%
May 06, 2024	Parallel Advisors, LLC	unchanged	-	2,953	66,791	-%
May 06, 2024	HighTower Advisors, LLC	added	14.29	58,000	346,000	-%
May 06, 2024	TEACHER RETIREMENT SYSTEM OF TEXAS	added	211	2,959,000	4,272,000	0.03%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	23.00	516	-%
May 06, 2024	Jefferies Financial Group Inc.	new	-	1,177,190	1,177,190	0.01%
May 06, 2024	TEXAS PERMANENT SCHOOL FUND CORP	added	1.31	158,674	2,805,990	0.02%

Are Funds Buying or Selling IOSP?

Are funds buying IOSP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own IOSP

No. of Funds

Unveiling Innospec Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.88%	2,953,893	SC 13G/A
Feb 09, 2024	wasatch advisors lp	-	0	SC 13G/A
Jan 22, 2024	blackrock inc.	16.0%	3,974,345	SC 13G/A
Jan 12, 2024	allspring global investments holdings, llc	9.40%	2,337,644	SC 13G/A
May 04, 2023	allspring global investments holdings, llc	10.07%	2,493,045	SC 13G/A
Feb 09, 2023	vanguard group inc	11.67%	2,889,993	SC 13G/A
Feb 08, 2023	wasatch advisors inc	-	0	SC 13G
Jan 31, 2023	royce & associates lp	3.52%	870,792	SC 13G/A
Jan 26, 2023	blackrock inc.	16.0%	3,963,193	SC 13G/A
Jan 20, 2023	blackrock inc.	16.0%	3,963,193	SC 13G/A

Recent SEC filings of Innospec Inc

View All Filings

Date Filed	Form Type	Document
Apr 03, 2024	8-K	Current Report
Mar 28, 2024	ARS	ARS
Mar 28, 2024	DEF 14A	DEF 14A
Mar 28, 2024	DEFA14A	DEFA14A
Mar 06, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Mar 01, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading
Feb 28, 2024	4	Insider Trading

Peers (Alternatives to Innospec Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
APD	55.3B	12.2B	4.18%	-15.88%	22.4	4.55	-7.47%	13.44%
DOW	41.1B	43.5B	-2.24%	7.76%	32.39	0.94	-18.61%	-57.39%
CE	17.7B	10.9B	0.09%	53.53%	9.04	1.62	13.10%	3.48%
AVTR	16.9B	6.9B	-3.98%	23.64%	64.9	2.46	-6.48%	-57.90%
ALB	15.5B	8.4B	6.57%	-29.22%	45.83	1.84	-4.27%	-90.82%
EMN	11.8B	9.1B	0.81%	24.63%	12.8	1.3	-11.38%	33.67%
MID-CAP
CBT	5.6B	3.9B	8.49%	43.15%	12.6	1.43	-9.12%	26.64%
BCPC	5.0B	929.6M	3.59%	21.49%	43.91	5.42	-1.74%	15.81%
AVNT	4.2B	3.1B	8.86%	19.59%	40.24	1.35	-6.69%	-83.56%
ARCH	2.9B	3.0B	5.03%	26.13%	9.04	0.98	-20.68%	-74.38%
SMALL-CAP
CCF	1.2B	404.0M	0.11%	32.60%	36.59	3	24.06%	-25.72%
ASIX	641.0M	1.5B	-16.06%	-31.40%	281.99	0.44	-21.27%	-97.94%
CMT	165.3M	336.4M	0.89%	-5.09%	9.07	0.49	-12.92%	28.47%
AREC	98.2M	16.7M	-11.43%	-17.88%	-8.3	5.86	-57.58%	-718.66%
AMRS	3.7M	-	-80.00%	-99.58%	-0.01	0.01	-	-

Innospec Inc News

Latest updates

Innospec Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	6.6%	495	464	480	510	511	513	468	472	413	376	355	340	311	265	245	372	391	372	362	388	395
Gross Profit	13.5%	156	137	150	148	152	156	140	139	113	113	108	101	91.00	79.00	59.00	114	118	119	111	118	117
Operating Expenses	16.7%	111	95.00	116	107	105	106	94.00	95.00	77.00	82.00	71.00	73.00	62.00	62.00	113	73.00	74.00	81.00	79.00	82.00	74.00
S&GA Expenses	22.2%	102	84.00	106	96.00	97.00	96.00	83.00	85.00	70.00	71.00	63.00	64.00	55.00	54.00	64.00	64.00	66.00	71.00	71.00	73.00	63.00
R&D Expenses	-23.3%	9.00	12.00	11.00	11.00	8.00	10.00	10.00	10.00	10.00	10.00	9.00	9.00	7.00	8.00	8.00	9.00	8.00	10.00	8.00	9.00	8.00
EBITDA Margin	1.3%	0.11*	0.11*	0.11*	0.11*	0.12*	0.12*	0.12*	0.12*	0.12*	0.13*	0.13*	0.06*	-	-	-	-	-	-	-	-	-
Income Taxes	-9.6%	8.00	8.00	8.00	12.00	20.00	10.00	10.00	12.00	9.00	7.00	18.00	7.00	7.00	8.00	-14.10	11.00	12.00	8.00	8.00	10.00	22.00
Earnings Before Taxes	-4.6%	45.00	48.00	37.00	45.00	45.00	49.00	42.00	48.00	33.00	31.00	40.00	31.00	29.00	20.00	-53.80	44.00	43.00	38.00	31.00	39.00	42.00
EBT Margin	0.9%	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.09*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	-3.6%	38.00	39.00	29.00	33.00	26.00	39.00	32.00	37.00	24.00	23.00	22.00	23.00	23.00	13.00	-39.70	33.00	31.00	30.00	22.00	29.00	20.00
Net Income Margin	10.6%	0.07*	0.06*	0.06*	0.06*	0.07*	0.07*	0.07*	0.07*	0.06*	0.07*	0.06*	0.02*	-	-	-	-	-	-	-	-	-
Free Cashflow	24.6%	72.00	58.00	55.00	22.00	78.00	40.00	-7.50	-29.00	69.00	3.00	-1.10	23.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.5%	1,707	1,619	1,611	1,624	1,604	1,669	1,638	1,624	1,571	1,492	1,462	1,426	1,397	1,344	1,339	1,455	1,469	1,494	1,490	1,527	1,473
Current Assets	2.5%	886	864	855	875	873	846	799	779	728	683	643	608	566	529	533	627	630	673	651	684	664
Cash Equivalents	-1.7%	204	207	166	148	147	101	71.00	106	142	89.00	94.00	117	105	67.00	58.00	68.00	76.00	110	106	124	123
Inventory	-9.5%	300	332	357	366	373	382	362	308	278	274	251	223	220	240	244	246	245	251	248	249	248
Net PPE	9.7%	268	245	242	234	221	207	210	214	214	213	214	210	211	204	199	198	199	195	200	200	196
Goodwill	11.6%	399	358	361	360	359	352	357	362	364	366	368	367	371	367	363	361	363	361	364	363	365
Liabilities	13.7%	558	491	516	544	563	577	569	555	538	-	-	-	-	-	-	-	-	612	627	678	648
Current Liabilities	7.9%	372	344	365	382	406	381	369	352	337	308	291	274	252	230	219	266	304	297	304	300	297
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39.00	59.00	59.00	131	137	186	186
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22.00	22.00	21.00
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39.00	59.00	59.00	131	137	186	186
Shareholder's Equity	1.9%	1,147	1,125	1,095	1,081	1,038	1,092	1,069	1,069	1,033	993	974	959	945	926	900	944	919	882	863	849	826
Retained Earnings	2.0%	1,028	1,008	969	957	924	915	876	859	823	814	790	782	759	749	736	789	756	737	707	697	668
Additional Paid-In Capital	0.6%	361	359	357	355	354	352	351	350	347	341	340	338	336	334	333	331	330	329	328	326	325
Shares Outstanding	-0.1%	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	25.00	-	-	-	-	-	-	-	-	-
Minority Interest	-7.4%	3.00	3.00	3.00	2.00	2.00	3.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	0.00	1.00	1.00
Float	-	-	-	1,349	-	-	-	1,409	-	-	-	1,245	-	-	-	1,061	-	-	-	1,133	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	24.6%	72,400	58,100	55,000	21,800	78,400	39,800	-7,500	-29,000	68,800	2,800	-1,100	22,700	58,200	55,500	29,800	2,400	58,400	40,000	50,000	13,200	69,800
Share Based Compensation	5.0%	2,100	2,000	2,000	1,900	2,000	1,500	1,500	1,700	-200	1,700	1,300	1,600	1,400	1,600	1,600	1,200	1,700	1,700	1,600	1,600	1,900
Cashflow From Investing	-234.1%	-55,800	-16,700	-17,300	-22,000	-15,100	-9,600	-9,000	-8,400	-9,200	-7,800	-8,900	-10,300	-8,000	-7,100	-6,800	-7,800	-7,300	-6,800	-5,700	-11,200	-9,300
Cashflow From Financing	-10300.0%	-20,400	200	-19,200	400	-17,000	-400	-17,200	900	-6,800	100	-13,000	-300	-12,000	-40,200	-33,000	-1,600	-86,100	-28,600	-61,700	-1,500	-28,800
Dividend Payments	-	17,900	-	-	-	16,100	-	-	-	14,800	-	-	-	12,800	-	-	-	12,800	-	-	-	11,000
Buy Backs	-	100	-	700	300	900	2,300	1,800	900	-	-	200	600	-	-	-	2,100	200	100	200	1,900	200

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IOSP Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Net sales	$ 1,948.8	$ 1,963.7	$ 1,483.4
Cost of goods sold	(1,357.7)	(1,377.0)	(1,048.5)
Gross profit	591.1	586.7	434.9
Operating expenses:
Selling, general and administrative	(387.8)	(360.7)	(267.2)
Research and development	(41.7)	(38.7)	(37.4)
Profit on disposal	0.0	0.0	1.8
Total operating expenses	(429.5)	(399.4)	(302.8)
Operating income	161.6	187.3	132.1
Other income/(expense), net	10.5	(1.6)	3.8
Interest income/(expense), net	2.3	(1.1)	(1.5)
Income before income tax expense	174.4	184.6	134.4
Income tax expense	(35.3)	(51.6)	(41.3)
Net income	$ 139.1	$ 133.0	$ 93.1
Earnings per share:
Basic	$ 5.6	$ 5.37	$ 3.78
Diluted	$ 5.56	$ 5.32	$ 3.75
Weighted average shares outstanding (in thousands):
Basic	24,851	24,787	24,647
Diluted	25,022	24,982	24,854

IOSP Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 203.7	$ 147.1
Trade and other accounts receivable (less allowances of $10.3 million and $7.7 million respectively)	359.8	334.6
Inventories (less allowances of $28.1 million and $27.1 million, respectively):
Finished goods	215.7	259.3
Raw materials	84.4	113.8
Total inventories	300.1	373.1
Prepaid expenses	18.7	14.1
Prepaid income taxes	2.8	3.3
Other current assets	0.6	0.4
Total current assets	885.7	872.6
Net property, plant and equipment	268.3	220.9
Operating leases right-of-use assets	45.1	45.3
Goodwill	399.3	358.8
Other intangible assets	57.3	45.0
Deferred tax assets	10.4	5.9
Pension asset	35.1	48.1
Other non-current assets	6.2	7.1
Total assets	1,707.4	1,603.7
Current liabilities:
Accounts payable	163.6	165.3
Accrued liabilities	185.9	202.9
Current portion of operating lease liabilities	13.6	13.9
Current portion of plant closure provisions	4.6	5.3
Current portion of accrued income taxes	2.6	18.4
Current portion of Unrecognized tax benefits	1.2	0.0
Total current liabilities	371.5	405.8
Operating lease liabilities, net of current portion	31.6	31.4
Plant closure provisions, net of current portion	57.0	51.9
Accrued income taxes, net of current portion	11.6	21.0
Unrecognized tax benefits, net of current portion	13.6	13.4
Deferred tax liabilities	33.5	26.2
Pension liabilities and post-employment benefits	13.3	12.2
Acquisition-related contingent deferred consideration	23.4	0.0
Other non-current liabilities	2.3	1.4
Total liabilities	557.8	563.3
Equity:
Common stock, $0.01 par value, authorized 40,000,000 shares, issued 29,554,500 shares	0.3	0.3
Additional paid-in capital	361.0	354.1
Treasury stock (4,686,511 and 4,788,966 shares at cost, respectively)	(94.3)	(95.4)
Retained earnings	1,028.2	924.2
Accumulated other comprehensive loss	(148.1)	(145.2)
Total Innospec stockholders' equity	1,147.1	1,038.0
Non-controlling interest	2.5	2.4
Total equity	1,149.6	1,040.4
Total liabilities and equity	$ 1,707.4	$ 1,603.7

About Innospec Inc

Innospec Inc. develops, manufactures, blends, markets, and supplies specialty chemicals in the United States, rest of North America, the United Kingdom, rest of Europe, and internationally. The company's Fuel Specialties segment offers a range of specialty chemical products that are used as additives in various fuels. This segment's products are used in the operation of automotive, marine, and aviation engines; power station generators; and heating oil. Its Performance Chemicals segment provides technology-based solutions for its customers' processes or products that focuses on the personal care, home care, agrochemical, and metal extraction markets. The company's Oilfield Services segment develops and markets chemical solutions for fracturing, stimulation, and completion operations; and products for oil and gas production, as well as products to prevent loss of mud in drilling operations. It sells its products primarily to oil and gas exploration and production companies, oil refineries, fuel manufacturers and users, personal care and home care companies, formulators of agrochemical and metal extraction formulations, and other chemical and industrial companies. The company was formerly known as Octel Corp. and changed its name to Innospec Inc. in January 2006. Innospec Inc. was founded in 1938 and is headquartered in Englewood, Colorado.

CEO	Mr. Patrick S. Williams
WEBSITE	https://innospec.com
INDUSTRY	Chemicals
EMPLOYEES	2100

Innospec Inc Frequently Asked Questions

What is the ticker symbol for Innospec Inc? What does IOSP stand for in stocks?

IOSP is the stock ticker symbol of Innospec Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Innospec Inc (IOSP)?

As of Tue May 07 2024, market cap of Innospec Inc is 3.11 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IOSP stock?

You can check IOSP's fair value in chart for subscribers.

What is the fair value of IOSP stock?

You can check IOSP's fair value in chart for subscribers. The fair value of Innospec Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Innospec Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IOSP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Innospec Inc a good stock to buy?

The fair value guage provides a quick view whether IOSP is over valued or under valued. Whether Innospec Inc is cheap or expensive depends on the assumptions which impact Innospec Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IOSP.

What is Innospec Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, IOSP's PE ratio (Price to Earnings) is 22.34 and Price to Sales (PS) ratio is 1.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IOSP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Innospec Inc's stock?

In the past 10 years, Innospec Inc has provided 0.128 (multiply by 100 for percentage) rate of return.