Valhi (NYSE:VHI) Releases Earnings Results

Valhi (NYSE:VHI) announced its quarterly earnings data on Thursday. The basic materials company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21, FiscalAI reports. Valhi had a negative net margin of 2.36% and a negative return on equity of 2.77%. The company had revenue of $589.00 million for the quarter, compared to the consensus estimate of $605.66 million.

Valhi Stock Performance

VHI traded up $1.95 on Friday, reaching $16.24. The company had a trading volume of 15,655 shares, compared to its average volume of 7,974. Valhi has a 1 year low of $11.44 and a 1 year high of $19.19. The stock has a market capitalization of $459.92 million, a PE ratio of 324.86 and a beta of 1.11. The company has a quick ratio of 1.90, a current ratio of 3.37 and a debt-to-equity ratio of 0.42. The stock has a 50-day moving average price of $15.83 and a 200-day moving average price of $14.76.

Valhi Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Investors of record on Thursday, November 19th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.0%. The ex-dividend date is Thursday, November 19th. Valhi’s dividend payout ratio (DPR) is currently -17.88%.

Wall Street Analysts Forecast Growth

VHI has been the subject of a number of analyst reports. Weiss Ratings upgraded shares of Valhi from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, August 17th. Wall Street Zen raised Valhi from a “buy” rating to a “strong-buy” rating in a report on Saturday. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the company presently has a consensus rating of “Sell”.

Valhi Company Profile

Valhi, Inc is a diversified holding company with interests in chemicals, component products and other industrial businesses. Its operations are conducted primarily through majority-owned subsidiaries, including Kronos Worldwide, Inc, a global producer and marketer of titanium dioxide pigments used to provide whiteness, brightness and opacity in products such as coatings, plastics, paper and inks.

Through CompX International Inc, Valhi also participates in the component-products industry.