Equities analysts expect that W.R. Grace & Co. (NYSE:GRA) will post earnings per share (EPS) of $0.96 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for W.R. Grace & Co.’s earnings, with the lowest EPS estimate coming in at $0.95 and the highest estimate coming in at $0.98. W.R. Grace & Co. posted earnings per share of $0.95 in the same quarter last year, which suggests a positive year over year growth rate of 1.1%. The company is scheduled to issue its next earnings results on Wednesday, February 14th.

On average, analysts expect that W.R. Grace & Co. will report full year earnings of $3.39 per share for the current year, with EPS estimates ranging from $3.38 to $3.40. For the next year, analysts expect that the firm will report earnings of $3.67 per share, with EPS estimates ranging from $3.60 to $3.72. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow W.R. Grace & Co..

W.R. Grace & Co. (NYSE:GRA) last posted its quarterly earnings data on Wednesday, October 25th. The specialty chemicals company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.09. The company had revenue of $429.50 million during the quarter, compared to analysts’ expectations of $411.50 million. W.R. Grace & Co. had a return on equity of 48.03% and a net margin of 8.54%. W.R. Grace & Co.’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 earnings per share.

A number of brokerages have commented on GRA. Zacks Investment Research cut W.R. Grace & Co. from a “hold” rating to a “sell” rating in a research report on Friday, October 20th. Loop Capital began coverage on W.R. Grace & Co. in a research report on Thursday, September 28th. They issued a “buy” rating and a $81.00 price target for the company. KeyCorp restated a “buy” rating and issued a $77.00 price target on shares of W.R. Grace & Co. in a research report on Tuesday, October 17th. Finally, Jefferies Group restated a “hold” rating and issued a $77.00 price target on shares of W.R. Grace & Co. in a research report on Thursday, October 26th. One research analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $81.36.

W.R. Grace & Co. (NYSE:GRA) traded down $0.06 during trading on Friday, reaching $72.14. The company had a trading volume of 604,900 shares, compared to its average volume of 671,750. The stock has a market capitalization of $4,890.00, a PE ratio of 32.64, a PEG ratio of 1.62 and a beta of 1.17. The company has a debt-to-equity ratio of 3.83, a quick ratio of 1.06 and a current ratio of 1.59. W.R. Grace & Co. has a 12 month low of $65.84 and a 12 month high of $77.37.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 7th. Shareholders of record on Wednesday, November 15th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date of this dividend was Tuesday, November 14th. W.R. Grace & Co.’s payout ratio is 38.01%.

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. boosted its stake in shares of W.R. Grace & Co. by 1.3% in the second quarter. PNC Financial Services Group Inc. now owns 7,814 shares of the specialty chemicals company’s stock worth $562,000 after acquiring an additional 101 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of W.R. Grace & Co. by 5.6% in the second quarter. The Manufacturers Life Insurance Company now owns 2,487 shares of the specialty chemicals company’s stock worth $179,000 after acquiring an additional 133 shares during the period. Prudential Financial Inc. boosted its stake in shares of W.R. Grace & Co. by 4.6% in the second quarter. Prudential Financial Inc. now owns 4,553 shares of the specialty chemicals company’s stock worth $328,000 after acquiring an additional 200 shares during the period. Janus Henderson Group PLC boosted its stake in shares of W.R. Grace & Co. by 4.5% in the second quarter. Janus Henderson Group PLC now owns 6,985 shares of the specialty chemicals company’s stock worth $503,000 after acquiring an additional 300 shares during the period. Finally, Atlantic Trust Group LLC boosted its stake in shares of W.R. Grace & Co. by 3.0% in the second quarter. Atlantic Trust Group LLC now owns 14,203 shares of the specialty chemicals company’s stock worth $1,023,000 after acquiring an additional 415 shares during the period. Institutional investors and hedge funds own 84.78% of the company’s stock.

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W.R. Grace & Co. Company Profile

W. R. Grace & Co (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in two segments: Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications.

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Earnings History and Estimates for W.R. Grace & Co. (NYSE:GRA)

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