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Article: Lubrizol Corporation - Value - Zacks Rank Buy
- Article from:
- Zacks Investment Research - Value - Zacks Rank Buy
- Article date:
- October 13, 2009
- Author:
CopyrightCopyright 2009 Zacks Investment Research. (Hide copyright information)
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Lubrizol Corporation - Value - Zacks Rank Buy
The Lubrizol Corporation
(
LZ
) has seen its stock hitting 52-week highs in recent sessions, but it's still an attractive value stock as earnings have been rising. LZ has a forward P/E of just 11.33.
Company Description
Lubrizol manufactures specialty chemcials including lubricant additives for engine oils and fuel additives for gaoline and diesel fuel. It also makes ingredients and additives for personal care products and pharmaceuticals, plastics technology and performance coatings.
Raised 2009 Guidance on Sep 14
Lubrizol raised full-year guidance well-ahead of its Oct 29 third-quarter earnings report to the range ...