Quaker Chemical (KWR) to Release Quarterly Earnings on Thursday

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Quaker Chemical (NYSE:KWR) will issue its quarterly earnings data after the market closes on Thursday, May 6th. Analysts expect the company to announce earnings of $1.51 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Quaker Chemical (NYSE:KWR) last released its quarterly earnings data on Thursday, February 25th. The specialty chemicals company reported $1.63 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.11. The business had revenue of $385.85 million during the quarter, compared to analyst estimates of $362.23 million. Quaker Chemical had a net margin of 0.45% and a return on equity of 6.63%. During the same period in the previous year, the business earned $1.34 EPS. On average, analysts expect Quaker Chemical to post $5 EPS for the current fiscal year and $7 EPS for the next fiscal year.

NYSE:KWR opened at $241.59 on Tuesday. Quaker Chemical has a 1 year low of $138.39 and a 1 year high of $301.99. The stock’s fifty day moving average price is $242.11 and its two-hundred day moving average price is $250.16. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.13 and a quick ratio of 1.62. The company has a market cap of $4.31 billion, a P/E ratio of 671.10 and a beta of 1.52.

The business also recently announced a quarterly dividend, which was paid on Friday, April 30th. Shareholders of record on Friday, April 16th were paid a $0.395 dividend. The ex-dividend date was Thursday, April 15th. This represents a $1.58 annualized dividend and a yield of 0.65%. Quaker Chemical’s dividend payout ratio is currently 27.10%.

A number of brokerages have recently issued reports on KWR. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Quaker Chemical from $320.00 to $300.00 and set a “buy” rating on the stock in a report on Monday, March 29th. Zacks Investment Research downgraded shares of Quaker Chemical from a “buy” rating to a “hold” rating in a report on Friday, February 26th. Three investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $253.00.

In related news, SVP David Slinkman sold 1,565 shares of the firm’s stock in a transaction dated Friday, March 5th. The stock was sold at an average price of $262.09, for a total value of $410,170.85. Following the sale, the senior vice president now directly owns 5,667 shares of the company’s stock, valued at $1,485,264.03. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Mary Dean Hall sold 2,490 shares of the company’s stock in a transaction that occurred on Thursday, March 4th. The shares were sold at an average price of $261.70, for a total value of $651,633.00. Following the transaction, the chief financial officer now owns 6,005 shares of the company’s stock, valued at approximately $1,571,508.50. The disclosure for this sale can be found here. Insiders own 2.10% of the company’s stock.

About Quaker Chemical

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications. It operates through four segments: Americas; Europe, Middle East, and Africa; Asia/Pacific; and Global Specialty Businesses. The company offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, metal finishing fluids, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.

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Earnings History for Quaker Chemical (NYSE:KWR)

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