Quaker Chemical Corporation (NYSE:KWR) Announces Quarterly Earnings Results

Quaker Chemical Corporation (NYSE:KWR) issued its quarterly earnings data on Thursday, July 27th. The specialty chemicals company reported $1.24 EPS for the quarter, hitting analysts’ consensus estimates of $1.24, Bloomberg Earnings reports. The business had revenue of $201.18 million for the quarter, compared to analysts’ expectations of $197.23 million. Quaker Chemical Corporation had a net margin of 6.73% and a return on equity of 15.52%. The business’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the company earned $1.11 EPS.

Quaker Chemical Corporation (KWR) traded down 0.42% during midday trading on Tuesday, reaching $135.53. 50,700 shares of the company were exchanged. The company has a market capitalization of $1.80 billion, a price-to-earnings ratio of 34.45 and a beta of 1.22. The company has a 50 day moving average of $145.46 and a 200-day moving average of $138.36. Quaker Chemical Corporation has a 52-week low of $96.09 and a 52-week high of $154.38.

The business also recently declared a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Monday, July 17th were paid a $0.355 dividend. The ex-dividend date was Thursday, July 13th. This represents a $1.42 dividend on an annualized basis and a yield of 1.05%. This is a boost from Quaker Chemical Corporation’s previous quarterly dividend of $0.35. Quaker Chemical Corporation’s dividend payout ratio (DPR) is currently 36.13%.

KWR has been the topic of a number of analyst reports. Zacks Investment Research raised shares of Quaker Chemical Corporation from a “hold” rating to a “buy” rating and set a $160.00 price objective on the stock in a research note on Wednesday, May 10th. Jefferies Group LLC reissued a “hold” rating and issued a $153.00 price target on shares of Quaker Chemical Corporation in a research note on Wednesday, July 19th. FBR & Co reissued a “marketperform” rating on shares of Quaker Chemical Corporation in a research note on Tuesday, July 11th. Finally, BidaskClub cut shares of Quaker Chemical Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd.

COPYRIGHT VIOLATION NOTICE: “Quaker Chemical Corporation (NYSE:KWR) Announces Quarterly Earnings Results” was posted by BBNS and is the sole property of of BBNS. If you are accessing this story on another publication, it was illegally copied and reposted in violation of U.S. and international copyright and trademark legislation. The legal version of this story can be read at https://baseballnewssource.com/markets/quaker-chemical-corporation-nysekwr-issues-earnings-results-hits-expectations-updated/1314079.html.

In other Quaker Chemical Corporation news, Director Donald R. Caldwell sold 1,800 shares of the company’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $139.55, for a total value of $251,190.00. Following the sale, the director now owns 9,281 shares of the company’s stock, valued at $1,295,163.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald R. Caldwell sold 1,000 shares of the company’s stock in a transaction on Friday, May 26th. The shares were sold at an average price of $138.60, for a total value of $138,600.00. Following the completion of the sale, the director now directly owns 9,210 shares in the company, valued at approximately $1,276,506. The disclosure for this sale can be found here. Insiders sold 13,800 shares of company stock worth $1,942,860 in the last three months. 3.60% of the stock is owned by corporate insiders.

About Quaker Chemical Corporation

Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.

Earnings History for Quaker Chemical Corporation (NYSE:KWR)

Receive News & Ratings for Quaker Chemical Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaker Chemical Corporation and related companies with our FREE daily email newsletter.

 


Latest News

Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras
Cleveland Indians Acquire Jay Bruce From New York Mets
Cleveland Indians Acquire Jay Bruce From New York Mets
Injury to CC Sabathia Adds to Yankees’ Concerns
Injury to CC Sabathia Adds to Yankees’ Concerns
Darren Daulton Former Catcher with Phillies Dies
Darren Daulton Former Catcher with Phillies Dies


Leave a Reply

 
© 2006-2017 BBNS.