News stories about Stepan Company (NYSE:SCL) have trended somewhat positive recently, according to Alpha One. The research firm, a service of Accern, scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Stepan Company earned a news sentiment score of 0.12 on Alpha One’s scale. Alpha One also assigned media stories about the basic materials company an impact score of 33 out of 100, meaning that recent media coverage is unlikely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have effected Alpha One Sentiment Analysis’s scoring:
- Stepan Inks Deal to Acquire Surfactant Facility in Mexico (finance.yahoo.com)
- Stepan Co. (SCL) to Acquire a Surfactant Production Facility, Portion of Associated Surfactant Business in Mexico (streetinsider.com)
- Stepan Announces Agreement to Acquire a Surfactant Production Facility and a … (prnewswire.com)
- STEPAN CO : Other Events, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- Stepan Announces Agreement to Acquire a Surfactant Production Facility and a Portion of its Associated Surfactant Business in Mexico (finance.yahoo.com)
Stepan Company (NYSE SCL) traded down 0.49% on Friday, reaching $87.87. The company had a trading volume of 108,430 shares. Stepan Company has a 1-year low of $56.31 and a 1-year high of $90.66. The stock’s 50 day moving average is $85.65 and its 200-day moving average is $80.96. The stock has a market capitalization of $1.97 billion, a P/E ratio of 22.61 and a beta of 1.27.
Stepan Company (NYSE:SCL) last released its earnings results on Tuesday, April 25th. The basic materials company reported $1.36 earnings per share for the quarter, beating the consensus estimate of $1.19 by $0.17. The business had revenue of $468.30 million for the quarter, compared to the consensus estimate of $461.70 million. Stepan Company had a return on equity of 15.34% and a net margin of 4.95%. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.29 earnings per share. On average, equities analysts predict that Stepan Company will post $4.64 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Tuesday, May 30th were given a $0.205 dividend. The ex-dividend date was Thursday, May 25th. This represents a $0.82 annualized dividend and a dividend yield of 0.93%. Stepan Company’s dividend payout ratio (DPR) is presently 21.41%.
A number of research firms recently commented on SCL. BidaskClub raised Stepan Company from a “hold” rating to a “buy” rating in a report on Saturday, June 10th. ValuEngine raised Stepan Company from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Industrial Alliance Securities raised Stepan Company from a “buy” rating to a “strong-buy” rating and set a $41.00 price target on the stock in a report on Monday, May 29th. Zacks Investment Research raised Stepan Company from a “hold” rating to a “strong-buy” rating and set a $97.00 price target on the stock in a report on Thursday, May 4th. Finally, Wellington Shields raised Stepan Company from a “hold” rating to an “accumulate” rating in a report on Friday, February 24th. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. Stepan Company currently has an average rating of “Buy” and an average price target of $54.67.
In other news, VP Frank Pacholec sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 25th. The stock was sold at an average price of $86.63, for a total value of $346,520.00. Following the transaction, the vice president now owns 51,438 shares in the company, valued at $4,456,073.94. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO F Quinn Stepan, Jr. sold 4,348 shares of the firm’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $85.59, for a total value of $372,145.32. Following the completion of the transaction, the chief executive officer now owns 145,919 shares in the company, valued at approximately $12,489,207.21. The disclosure for this sale can be found here. In the last 90 days, insiders sold 47,932 shares of company stock worth $4,107,222. Company insiders own 13.10% of the company’s stock.
About Stepan Company
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.
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