Financial Analysis: Chase Corporation
Founded in the year 1946 and headquartered in Bridgewater, Massachusetts, Chase Corporation sells protective materials in US and Internationally. The company operates through two segments, Industrial Materials and Construction Materials. By the end of 2014, it had a total of 557 full time employees. Chase Corporation face tough rivalry from 3M Company and PPG Industries Inc. As for stock price trend, we analyzed the past 5 year stock price of the company and found that over the years, the stock has yielded appreciable returns for its stockholders worth 293.67%. with stock price surging from $10.32 in June 2010 to $38.52 in June 2015. Even during the past one year, the stock has continued to be a lucrative investment and has increased by 14.78% since June 2014. Even majority of the market analysts have issued ‘Buy’ rating for the company’s stock on the impressive past stock performance, compelling growth in net income and EPS, and largely solid financial position with reasonable level of debt position.
Next, we analyzed the financial condition of the company and found that it has witnessed a sustainable trend with revenue figures surging year by year from $119 Million in 2010 to $224 Million in 2014. However, despite the consistent rise in the revenue figures, the company was only able to witness an increase in the net income from 2012 with bottom line profits soaring high from $9 million in 2012 to $27 million in 2014. Below is the profitability trend over the past five years:
Works Cited
Chase Corporation. "Annual Report 2014." 2014. Web.
Schiavo, Amanda. How Will Chase Corp. (CCF) Stock React To Its Second Quarter Earnings Results? 28 June 2015. <http://www.thestreet.com/story/12768106/1/how-will-chase-corp-ccf-stock-react-to-its-second-quarter-earnings-results.html?cm_ven=RSSFeed&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+tsc%2Ffeeds%2Frss%2Flatest-stories+%28TheStreet.com+Latest+>.
