Last $31.13 USD
Change Today -0.05 / -0.16%
Volume 165.8K
OMG On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

om group inc (OMG) Snapshot

Open
$31.15
Previous Close
$31.18
Day High
$31.27
Day Low
$30.90
52 Week High
01/21/14 - $37.58
52 Week Low
04/22/13 - $22.60
Market Cap
999.3M
Average Volume 10 Days
173.8K
EPS TTM
$1.30
Shares Outstanding
32.1M
EX-Date
02/20/14
P/E TM
23.9x
Dividend
$0.30
Dividend Yield
0.24%
Current Stock Chart for OM GROUP INC (OMG)

om group inc (OMG) Related Businessweek News

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om group inc (OMG) Details

OM Group, Inc. operates as a technology-driven industrial company worldwide. It operates through Magnetic Technologies, Battery Technologies, and Specialty Chemicals segments. The Magnetic Technologies segment develops, manufactures, and distributes industrial-use magnetic materials and related products, such as magnetically soft products and permanent magnets. This segment sells its products to automotive systems, electrical installation technology, industrial, retail, and renewable energy markets. The Battery Technologies segment offers batteries, battery management systems, and battery-related research and energetic devices for defense, space, medical, commercial, and grid energy storage markets. The Specialty Chemicals segment develops, produces, and supplies chemicals for electronic applications, as well as for industrial applications, including coatings, composites, and tire; and photo masks to produce semiconductors and related products. OM Group, Inc. was founded in 1991 and is headquartered in Cleveland, Ohio.

5,900 Employees
Last Reported Date: 02/26/14
Founded in 1991

om group inc (OMG) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $973.5K
President and Chief Operating Officer
Total Annual Compensation: $346.2K
Chief Financial Officer and Vice President
Total Annual Compensation: $430.0K
Vice President, General Counsel and Corporate...
Total Annual Compensation: $383.4K
Vice President of Human Resources
Total Annual Compensation: $315.0K
Compensation as of Fiscal Year 2013.

om group inc (OMG) Key Developments

Om Group Inc. Appoints Christenson to its Compensation Committee and the Nominating and Governance Committee, on February 11, 2014

On February 11, 2014, the board of OM Group Inc. appointed Mr. Christenson to serve on the Compensation Committee and the Nominating and Governance Committee.

OM Group Inc. Declares Quarterly Cash Dividend, Payable on March 7, 2014; Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013; Provides Earnings Guidance for the Year of 2014

OM Group Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.075 per share, payable on March 7, 2014 to stockholders of record as of February 24, 2014. The company announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net sales of $270.5 million against $317.2 million a year ago. Operating profit was $5.9 million against operating loss of $35.6 million a year ago. Income from continuing operations was $17.3 million against loss from continuing operations of $39.5 million a year ago. Net income attributable to common stockholders was $17.2 million against loss of $33.9 million a year ago. Diluted earnings per common share from continuing operations were $0.54 against LPS of $1.05 a year ago. Diluted net income attributable to common stockholders were $0.54 against LPS of $1.07 a year ago. Net cash provided by operating activities was $33.1 million against $47.9 million a year ago. Expenditures for property, plant and equipment was $24.7 million against $23.4 million a year ago. Adjusted EBITDA was $25.7 million against adjusted LBITDA of $5.5 million a year ago. Adjusted income from continuing operations attributable to common stockholders was $7.7 million or $0.24 per share against adjusted loss from continuing operations attributable to common stockholders of $28.2 million or $0.88 per share a year ago. Adjusted income from continuing operations attributable to common stockholders - pro forma excluding advanced materials was $9.0 million or $0.28 per share against adjusted loss from continuing operations attributable to common stockholders of $17.6 million or $0.55 per share a year ago. For the year, the company reported net sales of $1,157.5 million against $1,544.4 million a year ago. Operating profit was $41.1 million against operating loss of $4.7 million a year ago. Loss from continuing operations was $73.5 million against $45.4 million a year ago. Net loss attributable to common stockholders was $84.0 million against $38.7 million a year ago. Diluted loss per common share from continuing operations were $2.27 against $1.21 a year ago. Diluted net loss attributable to common stockholders were $2.66 against $1.22 a year ago. Net cash provided by operating activities was $62.9 million against $209.5 million a year ago. Expenditures for property, plant and equipment was $53.1 million against $67.6 million a year ago. Adjusted EBITDA was $124.5 million against $135.1 million a year ago. Adjusted income from continuing operations attributable to common stockholders was $36.4 million or $1.14 per share against $0.4 million or $0.01 per share a year ago. Adjusted income from continuing operations attributable to common stockholders - pro forma excluding advanced materials was $38.2 million or $1.20 per share against adjusted loss from continuing operations attributable to common stockholders of $3.4 million or $0.10 per share a year ago. The company provided a 2014 adjusted EBITDA forecast of $130 to $140 million. This forecast reflects benefits from the company's ongoing growth initiatives and considers current uncertainties around macroeconomic conditions in Europe and U.S. government spending levels. This forecast excludes the advanced materials business. The company expects mid 20% of tax rate and CapEx to shave a few basis points after that in 2014.

OM Group Seeks Acquisitions

OM Group Inc. (NYSE:OMG) is looking for acquisitions opportunities. Joe Scaminace, Chairman and Chief Executive Officer of OM Group said, “We created a pipeline of attractive acquisition opportunities for consideration.”

 

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OMG

Industry Average

Valuation OMG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 0.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.8x
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