Analysts expect that Quaker Chemical Corp (NYSE:KWR) will report $1.40 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Quaker Chemical’s earnings, with the lowest EPS estimate coming in at $1.31 and the highest estimate coming in at $1.54. Quaker Chemical reported earnings of $1.60 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 12.5%. The firm is expected to announce its next quarterly earnings results after the market closes on Tuesday, November 12th.

According to Zacks, analysts expect that Quaker Chemical will report full year earnings of $5.71 per share for the current fiscal year, with EPS estimates ranging from $5.49 to $6.10. For the next financial year, analysts forecast that the business will report earnings of $7.27 per share, with EPS estimates ranging from $6.80 to $7.96. Zacks’ EPS calculations are a mean average based on a survey of research firms that cover Quaker Chemical.

Quaker Chemical (NYSE:KWR) last posted its quarterly earnings results on Thursday, August 1st. The specialty chemicals company reported $1.56 earnings per share for the quarter, meeting the consensus estimate of $1.56. Quaker Chemical had a net margin of 6.69% and a return on equity of 18.35%. The business had revenue of $205.87 million during the quarter, compared to analysts’ expectations of $223.15 million. During the same quarter in the prior year, the company posted $1.56 EPS. The business’s revenue for the quarter was down 7.2% on a year-over-year basis.

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group set a $153.00 price objective on shares of Quaker Chemical and gave the stock a “hold” rating in a research report on Monday. Sidoti lowered their price objective on shares of Quaker Chemical from $176.00 to $156.00 and set a “neutral” rating for the company in a research report on Monday. Janney Montgomery Scott reaffirmed a “buy” rating and set a $204.00 price objective on shares of Quaker Chemical in a research report on Wednesday, October 2nd. Zacks Investment Research cut shares of Quaker Chemical from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, ValuEngine cut shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $172.00.

In related news, CEO Michael F. Barry sold 3,834 shares of the stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $159.02, for a total transaction of $609,682.68. Following the completion of the transaction, the chief executive officer now owns 156,301 shares of the company’s stock, valued at approximately $24,854,985.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.90% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the business. Advisor Group Inc. raised its holdings in shares of Quaker Chemical by 3.8% in the 2nd quarter. Advisor Group Inc. now owns 1,549 shares of the specialty chemicals company’s stock valued at $314,000 after purchasing an additional 56 shares in the last quarter. Bridge City Capital LLC raised its stake in Quaker Chemical by 0.6% during the 2nd quarter. Bridge City Capital LLC now owns 10,204 shares of the specialty chemicals company’s stock worth $2,070,000 after acquiring an additional 57 shares in the last quarter. Aperio Group LLC raised its stake in Quaker Chemical by 1.2% during the 2nd quarter. Aperio Group LLC now owns 6,138 shares of the specialty chemicals company’s stock worth $1,245,000 after acquiring an additional 70 shares in the last quarter. Municipal Employees Retirement System of Michigan raised its stake in Quaker Chemical by 2.0% during the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 3,990 shares of the specialty chemicals company’s stock worth $809,000 after acquiring an additional 80 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund raised its stake in Quaker Chemical by 1.9% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 5,264 shares of the specialty chemicals company’s stock worth $1,068,000 after acquiring an additional 100 shares in the last quarter. Institutional investors own 74.78% of the company’s stock.

Quaker Chemical stock opened at $151.79 on Thursday. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.69 and a quick ratio of 2.07. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 25.13, a price-to-earnings-growth ratio of 1.91 and a beta of 1.53. The firm has a 50 day simple moving average of $158.78 and a 200-day simple moving average of $183.15. Quaker Chemical has a 1-year low of $145.00 and a 1-year high of $224.30.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Thursday, October 17th will be given a dividend of $0.385 per share. The ex-dividend date of this dividend is Wednesday, October 16th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 1.01%. Quaker Chemical’s payout ratio is currently 25.50%.

Quaker Chemical Company Profile

Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middle East, Africa, the Asia/Pacific, and South America. The company's products include rolling lubricants used by manufacturers of steel in the hot and cold rolling of steel, and aluminum in the hot rolling of aluminum; machining and grinding compounds for use in cutting, shaping, and grinding metal parts; hydraulic fluids for steel, metalworking, and other customers to operate hydraulic equipment; corrosion preventives to protect metals during manufacture, storage, and shipment; and specialty greases used in automotive and aerospace production processes, steel manufacturing, and various other applications.

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