Media headlines about Quaker Chemical Corporation (NYSE:KWR) have trended somewhat negative recently, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quaker Chemical Corporation earned a news sentiment score of -0.01 on Accern’s scale. Accern also gave news headlines about the specialty chemicals company an impact score of 82 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the near future.
A number of research analysts have recently commented on KWR shares. Zacks Investment Research downgraded shares of Quaker Chemical Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, June 20th. Jefferies Group LLC reaffirmed a “hold” rating and set a $153.00 price objective on shares of Quaker Chemical Corporation in a research note on Thursday, April 6th.
Quaker Chemical Corporation (KWR) traded down 0.94% during mid-day trading on Monday, reaching $145.93. 3,070 shares of the company were exchanged. Quaker Chemical Corporation has a 12 month low of $87.60 and a 12 month high of $153.90. The stock’s 50-day moving average is $142.00 and its 200-day moving average is $135.41. The company has a market cap of $1.94 billion, a P/E ratio of 35.00 and a beta of 1.23.
Quaker Chemical Corporation (NYSE:KWR) last announced its quarterly earnings results on Monday, May 1st. The specialty chemicals company reported $1.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.06 by $0.12. Quaker Chemical Corporation had a return on equity of 15.46% and a net margin of 7.26%. The business had revenue of $194.91 million during the quarter, compared to analyst estimates of $186.33 million. During the same period in the previous year, the company earned $0.98 EPS. The firm’s revenue was up 9.5% on a year-over-year basis. Equities analysts expect that Quaker Chemical Corporation will post $4.91 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 31st. Investors of record on Monday, July 17th will be paid a $0.355 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 0.96%. This is an increase from Quaker Chemical Corporation’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Thursday, July 13th. Quaker Chemical Corporation’s dividend payout ratio (DPR) is presently 33.09%.
In related news, VP Dieter Laininger sold 8,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 10th. The stock was sold at an average price of $142.50, for a total value of $1,140,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William Roland Cook sold 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 4th. The shares were sold at an average price of $141.18, for a total value of $705,900.00. Following the completion of the transaction, the director now directly owns 7,585 shares in the company, valued at $1,070,850.30. The disclosure for this sale can be found here. Insiders sold a total of 17,000 shares of company stock worth $2,397,570 over the last three months. 3.60% of the stock is owned by company insiders.
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Quaker Chemical Corporation Company Profile
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.
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