Quaker Chemical Corp (NYSE:KWR) announced a quarterly dividend on Tuesday, November 19th, RTT News reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.385 per share by the specialty chemicals company on Friday, January 31st. This represents a $1.54 annualized dividend and a yield of 1.07%.
Quaker Chemical stock opened at $144.19 on Thursday. The company has a current ratio of 2.10, a quick ratio of 1.59 and a debt-to-equity ratio of 0.71. Quaker Chemical has a 12 month low of $142.01 and a 12 month high of $224.30. The stock’s 50 day simple moving average is $154.54 and its two-hundred day simple moving average is $174.85. The firm has a market cap of $2.64 billion, a PE ratio of 23.87, a P/E/G ratio of 1.91 and a beta of 1.49.
Quaker Chemical (NYSE:KWR) last released its quarterly earnings data on Tuesday, November 12th. The specialty chemicals company reported $1.56 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.40 by $0.16. Quaker Chemical had a return on equity of 13.39% and a net margin of 2.54%. The business had revenue of $325.10 million for the quarter, compared to analyst estimates of $324.93 million. During the same quarter in the prior year, the firm posted $1.60 EPS. The business’s quarterly revenue was up 46.4% compared to the same quarter last year. On average, equities research analysts forecast that Quaker Chemical will post 5.79 EPS for the current year.
A number of research analysts have recently issued reports on the company. Sidoti decreased their target price on Quaker Chemical from $176.00 to $156.00 and set a “neutral” rating on the stock in a research report on Monday, October 21st. ValuEngine lowered Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Zacks Investment Research lowered Quaker Chemical from a “hold” rating to a “sell” rating in a research report on Wednesday. Jefferies Financial Group set a $153.00 target price on Quaker Chemical and gave the company a “hold” rating in a research report on Monday, October 21st. Finally, Janney Montgomery Scott reiterated a “buy” rating and set a $204.00 target price on shares of Quaker Chemical in a research report on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $172.00.
Quaker Chemical Company Profile
Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middle East, Africa, the Asia/Pacific, and South America. The company's products include rolling lubricants used by manufacturers of steel in the hot and cold rolling of steel, and aluminum in the hot rolling of aluminum; machining and grinding compounds for use in cutting, shaping, and grinding metal parts; hydraulic fluids for steel, metalworking, and other customers to operate hydraulic equipment; corrosion preventives to protect metals during manufacture, storage, and shipment; and specialty greases used in automotive and aerospace production processes, steel manufacturing, and various other applications.
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