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Last €50.08 EUR
Change Today +1.19 / 2.43%
Volume 0.0
As of 2:01 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

neenah paper inc (NQI) Snapshot

Open
€50.11
Previous Close
€48.89
Day High
€50.18
Day Low
€50.08
52 Week High
04/14/15 - €58.57
52 Week Low
10/13/14 - €40.13
Market Cap
838.1M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
16.7M
EX-Date
08/12/15
P/E TM
--
Dividend
€1.20
Dividend Yield
1.99%
Current Stock Chart for NEENAH PAPER INC (NQI)

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neenah paper inc (NQI) Details

Neenah Paper, Inc. produces and sells technical products and fine papers worldwide. The company’s Technical Products segment provides filtration media for automotive transportation; saturated and unsaturated crepe and flat paper tapes to manufacturers; lightweight abrasive paper for waterproof and dry sanding; label and tag products to pressure sensitive coaters; latex saturated and coated papers; premask, medical packaging, image transfer, and decorative components papers; clean room papers, durable printing papers, release papers, and furniture backers; and wall covering substrates for commercial and consumer-do-it-yourself markets. Its Fine Paper and Packaging segment manufactures and sells writing papers for business and personal stationery, corporate identity packages, and related end-use applications; text and cover papers, and envelopes used in corporate brochures, pocket folders, corporate annual reports, advertising inserts, direct mail, business cards, hang tags, scrapbooks, and other uses; custom colors, paper finishes, and duplex/laminated papers; and bright papers used in direct mail, advertising inserts, scrapbooks, and marketing collateral applications. This segment also offers packaging and label papers for retail, cosmetics, spirits, and electronics end-use markets; and specialty paper products for enhanced image, such as translucent and art papers, papers for optical scanning, and other specialized applications. Neenah Paper, Inc. markets its products under the JET-PRO, SofStretch, KIMDURA, MUNISING LP, PREVAIL, NEENAH, GESSNER, varitess, CLASSIC, ENVIRONMENT, CAPITOL BOND, ROYAL SUNDANCE, SOUTHWORTH, CRANE'S CREST, CRANE'S BOND, CRANE'S LETTRA, SO...SILK, PLIKE, STARDREAM, CLASSIC CREST, ESSE, ASTROBRIGHTS, and EXACT BRIGHTS brands. The company sells its products through authorized paper distributors, converters, retailers, specialty businesses, and direct sales. Neenah Paper, Inc. was founded in 2004 and is headquartered in Alpharetta, Georgia.

2,000 Employees
Last Reported Date: 02/27/15
Founded in 2004

neenah paper inc (NQI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $625.0K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $346.0K
Senior Vice President and President of Fine P...
Total Annual Compensation: $336.0K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $310.0K
Senior Vice President and Managing Director o...
Total Annual Compensation: $285.6K
Compensation as of Fiscal Year 2014.

neenah paper inc (NQI) Key Developments

Neenah Paper, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Sales Guidance for the Remainder of 2015 and Capital Spending Guidance for the Full Year 2015

Neenah Paper, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net sales of $224.1 million compared to $230.4 million a year ago. Operating income was $27.9 million compared to $25.9 million a year ago. Income from operations before income taxes was $25.1 million compared to $23.0 million a year ago. Net income was $16.7 million or $0.97 per diluted share compared to $15.0 million or $0.88 per diluted share a year ago. Adjusted operating income was $27.9 million compared to $26.6 million a year ago. Adjusted income was $16.7 million or $0.97 per diluted share compared to $15.4 million or $0.90 per diluted share a year ago. Cash provided from operations in the second quarter of 2015 was $39.4 million compared with $37.1 million in the second quarter of 2014. Increased cash generation in 2015 resulted primarily from increased earnings. Capital spending of $7 million increased from $5 million last year as the company began spending on the filtration expansion project. With benefits of lower input costs, the company continue to offset negative impacts from currency translation on the bottom line, although a weaker euro continues to impact the company's top line. Consequently, while the company reported sales down 3% from a year ago, on a constant currency basis, they were actually up 4%, including a boost from the company's filtration acquisition last year. For the six months, the company reported net sales of $452.3 million compared to $455.5 million a year ago. Operating income was $56.7 million compared to $48.9 million a year ago. Income from operations before income taxes was $50.9 million compared to $43.2 million a year ago. Net income was $33.0 million or $1.92 per diluted share compared to $28.2 million or $1.66 per diluted share a year ago. Adjusted operating income was $56.7 million compared to $49.9 million a year ago. Adjusted income was $33.0 million or $1.92 per diluted share compared to $28.8 million or $1.69 per diluted share a year ago. Net cash provided by operating activities was $44.5 million compared to $51.9 million a year ago. Capital expenditures were $12.6 million compared to $9.1 million a year ago. Full year 2015 capital spending, including FiberMark, is expected to be approximately $50 million to $55 million, which is on the upper end of the company's targeted 3% to 5% range. The remainder of 2015, incremental sales are expected to be in the range of $10 million to $15 million per month, with lower-than-average margins due to seasonality and maintenance downs.

Neenah Paper Seeks Acquisitions

Neenah Paper, Inc. (NYSE:NP) is seeking acquisitions. Neenah announced, "Our balance sheet remains strong, providing future flexibility and the ability to optimize capital deployment among high-returning organic investments, value-adding acquisitions and increasing cash returns to shareholders."

Neenah Paper, Inc. Declares Quarterly Dividend on Common Stock, Payable on September 2, 2015

Neenah Paper, Inc. announced that its Board of Directors declared a regular quarterly cash dividend of $0.30 per share on the company's common stock. The dividend will be payable on September 2, 2015 to stockholders of record as of close of business on August 14, 2015.

 

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Industry Analysis

NQI

Industry Average

Valuation NQI Industry Range
Price/Earnings 13.0x
Price/Sales 1.0x
Price/Book 3.1x
Price/Cash Flow 12.7x
TEV/Sales 0.7x
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