Quaker Houghton (NYSE:KWR) Receives $175.67 Average PT from Analysts

Quaker Houghton (NYSE:KWR) has been given an average recommendation of “Hold” by the six analysts that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $175.6667.

KWR has been the subject of a number of research reports. Zacks Research upgraded Quaker Houghton from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Jefferies Financial Group restated a “buy” rating and issued a $203.00 target price on shares of Quaker Houghton in a research note on Thursday, February 26th. Royal Bank Of Canada decreased their price target on shares of Quaker Houghton from $190.00 to $184.00 and set an “outperform” rating for the company in a research note on Wednesday, February 25th. Finally, Wall Street Zen downgraded shares of Quaker Houghton from a “buy” rating to a “hold” rating in a report on Sunday, March 1st.

Quaker Houghton Stock Down 1.9%

NYSE:KWR opened at $118.56 on Wednesday. The stock has a 50-day moving average price of $155.03 and a two-hundred day moving average price of $142.89. Quaker Houghton has a 1 year low of $95.91 and a 1 year high of $183.01. The company has a current ratio of 2.42, a quick ratio of 1.72 and a debt-to-equity ratio of 0.61. The stock has a market cap of $2.05 billion, a price-to-earnings ratio of -987.94, a PEG ratio of 0.73 and a beta of 1.34.

Quaker Houghton (NYSE:KWR) last announced its quarterly earnings results on Monday, February 23rd. The specialty chemicals company reported $1.65 earnings per share for the quarter, missing analysts’ consensus estimates of $1.71 by ($0.06). Quaker Houghton had a negative net margin of 0.13% and a positive return on equity of 8.99%. The company had revenue of $468.48 million during the quarter, compared to the consensus estimate of $465.17 million. During the same period in the previous year, the firm posted $1.33 EPS. The business’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts expect that Quaker Houghton will post 7.75 earnings per share for the current year.

Quaker Houghton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be issued a $0.508 dividend. The ex-dividend date is Thursday, April 16th. This represents a $2.03 annualized dividend and a dividend yield of 1.7%. Quaker Houghton’s dividend payout ratio (DPR) is presently -1,691.67%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Kohmann Bosshard Financial Services LLC bought a new position in shares of Quaker Houghton in the 4th quarter valued at about $27,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Quaker Houghton in the 3rd quarter valued at about $28,000. TD Waterhouse Canada Inc. bought a new stake in shares of Quaker Houghton in the 2nd quarter valued at about $30,000. Farther Finance Advisors LLC lifted its stake in Quaker Houghton by 165.0% in the 4th quarter. Farther Finance Advisors LLC now owns 273 shares of the specialty chemicals company’s stock valued at $37,000 after purchasing an additional 170 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in Quaker Houghton by 284.8% during the second quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock worth $34,000 after purchasing an additional 225 shares during the period. 77.46% of the stock is owned by institutional investors and hedge funds.

Quaker Houghton Company Profile

Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.

The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.