Analysts expect W. R. Grace & Co (NYSE:GRA) to post earnings of $1.27 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for W. R. Grace & Co’s earnings, with estimates ranging from $1.27 to $1.28. W. R. Grace & Co posted earnings per share of $1.14 during the same quarter last year, which indicates a positive year over year growth rate of 11.4%. The firm is scheduled to announce its next quarterly earnings report before the market opens on Tuesday, February 4th.

According to Zacks, analysts expect that W. R. Grace & Co will report full-year earnings of $4.34 per share for the current fiscal year, with EPS estimates ranging from $4.33 to $4.35. For the next fiscal year, analysts forecast that the business will post earnings of $4.82 per share, with EPS estimates ranging from $4.70 to $5.00. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that cover W. R. Grace & Co.

W. R. Grace & Co (NYSE:GRA) last released its quarterly earnings data on Thursday, October 24th. The specialty chemicals company reported $0.98 EPS for the quarter, beating the consensus estimate of $0.91 by $0.07. W. R. Grace & Co had a net margin of 11.34% and a return on equity of 73.68%. The business had revenue of $470.50 million during the quarter, compared to the consensus estimate of $487.44 million. During the same quarter in the prior year, the firm earned $1.11 EPS. The business’s revenue was down 4.9% on a year-over-year basis.

Several brokerages recently issued reports on GRA. UBS Group cut their price objective on shares of W. R. Grace & Co from $93.00 to $92.00 and set a “buy” rating on the stock in a report on Wednesday, October 2nd. Goldman Sachs Group raised shares of W. R. Grace & Co from a “neutral” rating to a “buy” rating and set a $83.00 price objective on the stock in a report on Monday, November 18th. Monness Crespi & Hardt cut their price objective on shares of W. R. Grace & Co from $85.00 to $80.00 and set a “buy” rating on the stock in a report on Friday, October 25th. Wells Fargo & Co began coverage on shares of W. R. Grace & Co in a report on Tuesday, October 15th. They set a “market perform” rating and a $72.00 price objective on the stock. Finally, ValuEngine raised shares of W. R. Grace & Co from a “sell” rating to a “hold” rating in a report on Friday, January 3rd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $84.30.

Shares of GRA traded down $1.26 during midday trading on Tuesday, hitting $69.05. 9,357 shares of the company traded hands, compared to its average volume of 286,127. The firm has a 50 day moving average of $68.91 and a 200-day moving average of $68.52. W. R. Grace & Co has a 52 week low of $62.90 and a 52 week high of $79.71. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 1.22 and a beta of 0.96. The company has a debt-to-equity ratio of 4.34, a quick ratio of 1.01 and a current ratio of 1.49.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GRA. Marshall Wace LLP acquired a new stake in shares of W. R. Grace & Co in the second quarter valued at about $2,207,000. UBS Asset Management Americas Inc. boosted its position in W. R. Grace & Co by 0.5% during the second quarter. UBS Asset Management Americas Inc. now owns 82,524 shares of the specialty chemicals company’s stock worth $6,281,000 after purchasing an additional 394 shares during the period. Nuveen Asset Management LLC bought a new stake in W. R. Grace & Co during the second quarter worth approximately $168,858,000. California Public Employees Retirement System boosted its position in W. R. Grace & Co by 8.4% during the second quarter. California Public Employees Retirement System now owns 109,999 shares of the specialty chemicals company’s stock worth $8,372,000 after purchasing an additional 8,534 shares during the period. Finally, Private Trust Co. NA boosted its position in W. R. Grace & Co by 12.0% during the third quarter. Private Trust Co. NA now owns 12,140 shares of the specialty chemicals company’s stock worth $810,000 after purchasing an additional 1,300 shares during the period. 85.31% of the stock is owned by institutional investors.

About W. R. Grace & Co

W. R. Grace & Co produces and sells specialty chemicals and materials worldwide. It operates through two segments, Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment offers fluid catalytic cracking (FCC) catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and petrochemicals; FCC additives; and methanol-to-olefins catalysts for the conversion of methanol into petrochemical feeds, including ethylene and propylene.

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

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