News stories about Quaker Chemical Corporation (NYSE:KWR) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quaker Chemical Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned news stories about the specialty chemicals company an impact score of 46.1849598674642 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s rankings:
- Morgan Stanley Has $4.51 Million Stake in Quaker Chemical Corporation (KWR) (campdesrecrues.com)
- Quaker Chemical Corporation (KWR) Earning Somewhat Favorable News Coverage, Report Finds (overnewsmagazine.com)
- See what the IHS Markit Score report has to say about Quaker Chemical Corp. (finance.yahoo.com)
- The Quaker Chemical Corporation’s (NYSE:KWR) Marketperform Rating Reaffirmed at FBR & Co (lazeresportes.com)
- Quaker Chemical Corporation (KWR) Stock Rating Lowered by BidaskClub (bulhufas.com)
Quaker Chemical Corporation (KWR) traded down 0.32% on Friday, hitting $135.06. The company had a trading volume of 42,359 shares. The company has a market capitalization of $1.80 billion, a P/E ratio of 34.33 and a beta of 1.22. Quaker Chemical Corporation has a one year low of $96.13 and a one year high of $154.38. The stock’s 50-day moving average price is $144.42 and its 200 day moving average price is $138.72.
Quaker Chemical Corporation (NYSE:KWR) last posted its quarterly earnings data on Thursday, July 27th. The specialty chemicals company reported $1.24 EPS for the quarter, meeting the consensus estimate of $1.24. Quaker Chemical Corporation had a return on equity of 15.52% and a net margin of 6.73%. The business had revenue of $201.18 million for the quarter, compared to the consensus estimate of $197.23 million. During the same quarter in the prior year, the business earned $1.11 earnings per share. Quaker Chemical Corporation’s revenue for the quarter was up 7.6% on a year-over-year basis. On average, analysts expect that Quaker Chemical Corporation will post $4.93 EPS for the current fiscal year.
KWR has been the subject of several recent analyst reports. Zacks Investment Research upgraded Quaker Chemical Corporation from a “hold” rating to a “buy” rating and set a $162.00 price target for the company in a report on Wednesday, June 21st. Jefferies Group LLC restated a “hold” rating and issued a $153.00 price target on shares of Quaker Chemical Corporation in a report on Wednesday, July 19th. FBR & Co restated a “marketperform” rating on shares of Quaker Chemical Corporation in a report on Tuesday, July 11th. Finally, BidaskClub downgraded Quaker Chemical Corporation from a “hold” rating to a “sell” rating in a report on Thursday, August 3rd.
In related news, Director Donald R. Caldwell sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $138.60, for a total value of $138,600.00. Following the transaction, the director now owns 9,210 shares in the company, valued at $1,276,506. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, VP D Jeffry Benoliel sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, May 22nd. The shares were sold at an average price of $137.69, for a total value of $413,070.00. Following the completion of the transaction, the vice president now owns 26,114 shares in the company, valued at approximately $3,595,636.66. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,800 shares of company stock worth $802,860. 3.60% of the stock is owned by company insiders.
Quaker Chemical Corporation Company Profile
Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.
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