Research Desk Line-up: KMG Chemicals Post Earnings Coverage

LONDON, UK / ACCESSWIRE / June 12, 2017 / Pro-Trader Daily takes a look at the latest corporate events and news making the headlines for PolyOne Corp. (NYSE: POL).The Company announced on June 08, 2017, that it has acquired Rutland Holding Company, hence expanding its presence in the specialty color, additives, and ink solutions, business. Rutland holds expertise in customized solutions for consumer applications and is a widely recognized industry leader in screen printing inks for the apparel market. For immediate access to our complimentary reports, including today's coverage, register for free now at:

http://protraderdaily.com/register/

Discover more of our free reports coverage from other companies within the Specialty Chemicals industry. Pro-TD has currently selected KMG Chemicals, Inc. (NYSE: KMG) for due-diligence and potential coverage as the Company announced on June 09, 2017, its financial results for Q3 2017 which ended on April 30, 2017. Tune in to our site to register for a free membership, and be among the early birds that get our report on KMG Chemicals when we publish it.

At Pro-TD, we make it our mission to bring you news that matter about the stock you follow. Today, our research desk covers a blog story on POL; also brushing on KMG. Go directly to your stock of interest and access today's free coverage at:

http://protraderdaily.com/optin/?symbol=POL

http://protraderdaily.com/optin/?symbol=KMG

The Announcement

According to PolyOne, color and technology play an important role for the customers in the apparel industry where the demands for performance are changing constantly on the criterion of how products look or feel. The Company has distinguished itself as more than a product provider and expects the transaction to be accretive to its policies of innovation and customer service. This investment is viewed by the Company as a step to expand its color-form InVisiO design services to additive technologies that enhance product performance beyond their appearance.

PolyOne is a premier provider of specialty polymer formulations, additive systems and colors, packaging solutions and polymer distribution. The Company has five business units, distinguished on the basis of breadth and depth of its offerings and expertise. In the Color, Additives, and Inks segment, the Company is the leading provider of specialized custom color and additive concentrates in solid or liquid form for thermoplastics, dispersions for thermosets, and specialty inks, plastisols, and vinyl slush molding solutions. Color, Additives, and Inks have manufacturing, sales and service facilities present across North America, South America, Europe, Asia, and Africa.

Company Growth Prospects

PolyOne Corp. reported net revenues of $3.3 billion for full-year FY16, where the Company is dedicated to create value through collaboration, innovation, and the commitment to serve customers in diverse industries across the globe. On July 26, 2016, the Company announced that it has acquired two specialty businesses from Gordon Holdings.

The acquired business excels in designing and producing innovative, lightweight, high-performance solutions, leveraging advanced composite technology and state-of-the-art manufacturing capabilities. The transaction was viewed as an expansion of PolyOne's existing portfolio of thermoset composite solutions, which develops high strength profiles and laminates used in vertical and crossbow archery, prosthetics, sports, and recreation equipment and office furniture solutions.

Prior to the announcement, on February 03, 2016, the Company announced that it is expanding its global footprint and expertise in thermoplastic elastomer (TPE) innovation and design, pursuant to which it acquired certain technologies and assets from Kraton Performance Polymers, Inc., (NYSE: KRA). The two Companies also announced a supply agreement, where Kraton would provide PolyOne certain raw materials used in production for the acquired businesses.

PolyOne executed the transaction for $72 million representing a multiple of 9X EBITDA. The end markets utilize the acquired technologies where the demand spans from new, fast-growing applications in adhesive and removable protective firms, in addition to existing applications served by PolyOne, including the packaging, medical devices, and personal care products.

The Company announced on March 31, 2017, the Chinese launch of non-phthalate Wilflex EPIC Rio, a new color mixing system for screen-printing textile inks. The EPIC Rio System was designed using the latest pigment technology and formulated for enhanced color strength, wet-on-wet printing, and low-temperature cure solutions.

Last Close Stock Review

At the closing bell, on Friday, June 09, 2017, PolyOne's stock climbed 1.24%, ending the trading session at $38.27. A total volume of 482.18 thousand shares have exchanged hands. The Company's stock price surged 14.86% in the last three months, 13.93% in the past six months, and 1.30% in the previous twelve months. Moreover, the stock rallied 19.44% since the start of the year. The stock is trading at a PE ratio of 18.58 and has a dividend yield of 1.41%. The stock currently has a market cap of $3.15 billion.

Pro-Trader Daily:

Pro-Trader Daily (Pro-TD) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. PRO-TD has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

PRO-TD has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst, for further information on analyst credentials, please email contact@protraderdaily.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by PRO-TD. PRO-TD is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

PRO-TD, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. PRO-TD, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, PRO-TD, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither PRO-TD nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://protraderdaily.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: contact@protraderdaily.com

Phone number: (917) 341.4653

Office Address: Mainzer Landstrasse 50 Frankfurt am Main, Germany 60325

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Pro-Trader Daily