GRA

W R Grace & Co

Industrial/Transportation, Event Driven/Special Sit


Presented:03/24/2017
Price:$68.49
Cap:$4.75B
Current Price:$69.99
Cap:$4.67B

Presented

Date03/24/2017
Price$68.49
Market Cap$4.75B
Ent Value$6.18B
P/E Ratio55.68x
Book Value$5.40
Div Yield0.01%
Shares O/S69.40M
Ave Daily Vol519,649
Short Int2.23%

Current

Price$69.99
Market Cap$4.67B
W.R. Grace & Co. engages in the production and sale of specialty chemicals and materials. It operates through the following segments: Grace Catalysts Technologies, Grace Materials Technologies and Grace Construction Products. The Grace Catalysts Technologies segment includes catalysts and related technologies used in refining, petrochemical and other chemical manufacturing applications. The Grace Materials Technologies segment includes packaging technologies and engineered materials in consumer, industrial and pharmaceutical applications. The Grace Construction Products segment includes construction chemicals and building materials used in commercial, infrastructure and residential construction. The company was founded by William Russell Grace in 1854 and is headquartered in Columbia, MD.

Publicly traded companies mentioned herein: Clariant AG (CLN VX), GCP Applied Technologies Inc (GCP), Honeywell International Inc (HON), W R Grace & Co (GRA)

Highlights

The presenter is long shares of WR Grace (GRA), reasoning that GRA is a logical take-out target, and particularly suitable for Honeywell. He speculates Honeywell’s well-publicized desire to engage in strategic activity, GRA management’s Honeywell origins, and strategic compatibility between GRA and Honeywell’s catalysts businesses combine to make strategic activity all the more likely.

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Idea Discussion

Commentor 1 - 2 weeks ago

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