PQ Group Holdings Inc (NYSE:PQG) – Equities researchers at KeyCorp lifted their Q1 2018 EPS estimates for PQ Group in a research note issued to investors on Wednesday. KeyCorp analyst M. Sison now forecasts that the company will post earnings per share of $0.17 for the quarter, up from their previous estimate of $0.13. KeyCorp also issued estimates for PQ Group’s Q2 2018 earnings at $0.31 EPS, Q3 2018 earnings at $0.33 EPS, Q4 2018 earnings at $0.19 EPS and FY2018 earnings at $1.00 EPS.
PQ Group (NYSE:PQG) last announced its earnings results on Wednesday, March 21st. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The business had revenue of $358.10 million for the quarter, compared to analysts’ expectations of $341.30 million. The company’s revenue for the quarter was up 10.9% on a year-over-year basis.
PQ Group (PQG) opened at $13.65 on Friday. PQ Group has a 52-week low of $12.88 and a 52-week high of $17.65. The company has a current ratio of 1.84, a quick ratio of 1.04 and a debt-to-equity ratio of 2.40.
A number of hedge funds have recently made changes to their positions in PQG. Schneider Downs Wealth Management Advisors LP purchased a new position in PQ Group in the 4th quarter valued at $384,000. Strs Ohio purchased a new position in PQ Group in the 4th quarter valued at $138,000. Quantitative Systematic Strategies LLC purchased a new position in PQ Group in the 4th quarter valued at $874,000. Engineers Gate Manager LP purchased a new position in PQ Group in the 4th quarter valued at $402,000. Finally, Boston Partners purchased a new position in PQ Group in the 4th quarter valued at $50,356,000. Institutional investors own 68.53% of the company’s stock.
COPYRIGHT VIOLATION NOTICE: This piece was posted by Ticker Report and is the sole property of of Ticker Report. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3294424/q1-2018-eps-estimates-for-pq-group-holdings-inc-pqg-lifted-by-analyst.html.
About PQ Group
PQ Group Holdings Inc is a global provider of catalysts, specialty materials, chemicals and services that enable environmental improvements. The Company’s products and solutions help companies produce vehicles with fuel efficiency. The Company has developed zeolite-based catalysts to reduce pollutants in diesel engines.
Receive News & Ratings for PQ Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PQ Group and related companies with MarketBeat.com's FREE daily email newsletter.