News coverage about Stepan (NYSE:SCL) has been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty 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. Stepan earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.7282477738554 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of NYSE:SCL traded down $1.74 during midday trading on Friday, hitting $82.99. The company had a trading volume of 59,784 shares, compared to its average volume of 88,247. Stepan has a 12 month low of $68.75 and a 12 month high of $92.97. The company has a quick ratio of 1.92, a current ratio of 2.46 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $1,869.35, a P/E ratio of 17.96 and a beta of 1.10.
Stepan (NYSE:SCL) last posted its quarterly earnings results on Thursday, February 22nd. The basic materials company reported $1.06 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.67 by $0.39. Stepan had a return on equity of 15.20% and a net margin of 4.76%. The business had revenue of $473.82 million for the quarter, compared to analyst estimates of $457.95 million. During the same period last year, the company earned $0.52 EPS. The firm’s revenue was up 12.6% on a year-over-year basis. equities research analysts expect that Stepan will post 5.17 earnings per share for the current year.
Separately, Zacks Investment Research lowered Stepan from a “hold” rating to a “sell” rating in a research report on Thursday, January 25th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $35.60.
In other Stepan news, VP Frank Pacholec sold 6,000 shares of Stepan stock in a transaction dated Monday, March 12th. The stock was sold at an average price of $86.52, for a total transaction of $519,120.00. Following the transaction, the vice president now directly owns 40,120 shares in the company, valued at $3,471,182.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Chairman F Quinn Stepan, Jr. sold 35,766 shares of Stepan stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $81.71, for a total value of $2,922,439.86. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 48,023 shares of company stock worth $3,958,109. Corporate insiders own 13.10% of the company’s stock.
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Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. The company operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, and lubricating ingredients.
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