This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Earnings Watch: 10 Chemical Stocks

Stocks in this article: GGC OLN IPHS MTX ALB FOE KRA

NEW YORK ( TheStreet) -- Minerals Technologies (MTX), Ashland (ASH), Solutia (SOA), and PolyOne (POL) are among 10 chemical stocks expected to report robust quarterly earnings, according to analysts polled by Bloomberg. Moreover, these stocks have upsides ranging from 2%-32%.

10. Georgia Gulf (GGC) is a manufacturer and international marketer of two integrated chemical product lines: chlorovinyls and aromatics. The chlorovinyls family includes chlorine, caustic soda, vinyl chloride monomer (VCM), vinyl resins and vinyl compounds, while the aromatics products are cumene, phenol and acet. The stock has gained 84% during the past one year and 16% in the last one month.

The company is expected to report its first quarter 2011 results on May 5. Total revenue is forecast to increase 16.6% to $736.2 million from $631.5 million in the year-ago quarter. Net income is seen at $20.2 million or 60 cents per share, as opposed to a loss of $19 million or 56 cents per share reported in the first quarter of 2010.

During Feb. 2011, the company acquired Exterior Portfolio, a U.S. manufacturer and marketer of siding products for approximately $72 million. The acquisition was funded out of cash on hand and the company expects it to be accretive in 2011. Furthermore, Georgia Gulf recently revealed that it expects to report EBITDA at the top end of its previous guidance range of $245-$265 million.

Of the six analysts covering the stock, 50% recommend it a buy, while 33% rate it a hold. On average, analysts expect an upside of 2% to $38.20 in value from current levels. Moreover, analysts at BB&T upgraded the stock to buy from hold with a price target of $45.

1 of 10

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs