Stepan (SCL) Receives Coverage Optimism Score of 0.02

News coverage about Stepan (NYSE:SCL) has trended somewhat positive on Sunday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Stepan earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 46.1200821797019 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Separately, Zacks Investment Research raised shares of Stepan from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $35.60.

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Stepan stock opened at $81.35 on Friday. The company has a market cap of $1,874.98, a P/E ratio of 20.75 and a beta of 1.15. Stepan has a one year low of $68.75 and a one year high of $92.97. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.92 and a current ratio of 2.46.

Stepan (NYSE:SCL) last posted its quarterly earnings results on Thursday, February 22nd. The basic materials company reported $1.06 EPS for the quarter, topping the consensus estimate of $0.67 by $0.39. The firm had revenue of $473.82 million for the quarter, compared to the consensus estimate of $457.95 million. Stepan had a net margin of 4.76% and a return on equity of 15.20%. The business’s revenue was up 12.6% compared to the same quarter last year. During the same period last year, the firm posted $0.52 earnings per share. sell-side analysts predict that Stepan will post 5.17 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Monday, March 5th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 1.11%. The ex-dividend date of this dividend was Friday, March 2nd. Stepan’s payout ratio is 22.96%.

In related news, Chairman F Quinn Stepan, Jr. sold 35,766 shares of Stepan stock in a transaction on Tuesday, March 6th. The shares were sold at an average price of $81.71, for a total value of $2,922,439.86. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Jennifer Ansbro Hale sold 2,044 shares of Stepan stock in a transaction on Monday, February 26th. The stock was sold at an average price of $77.25, for a total transaction of $157,899.00. Following the completion of the transaction, the vice president now directly owns 6,131 shares in the company, valued at $473,619.75. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 48,023 shares of company stock worth $3,958,109. 13.10% of the stock is owned by insiders.

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Stepan Company Profile

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Company’s principal markets include manufacturers of cleaning and washing compounds (including detergents, shampoos, fabric softeners, toothpastes and household cleaners), paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics.

Insider Buying and Selling by Quarter for Stepan (NYSE:SCL)

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