Quaker Houghton (NYSE:KWR) Receives $152.33 Consensus PT from Analysts

Quaker Houghton (NYSE:KWR) has been assigned a consensus recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $158.6667.

A number of equities analysts recently issued reports on the company. Zacks Research raised Quaker Houghton from a “strong sell” rating to a “hold” rating in a report on Thursday, November 20th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Quaker Houghton in a research note on Wednesday, October 8th. Wall Street Zen lowered Quaker Houghton from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $190.00 price target on shares of Quaker Houghton in a report on Wednesday.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Aster Capital Management DIFC Ltd bought a new stake in Quaker Houghton during the third quarter worth approximately $28,000. TD Waterhouse Canada Inc. acquired a new position in shares of Quaker Houghton during the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC raised its stake in shares of Quaker Houghton by 284.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock worth $34,000 after buying an additional 225 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Quaker Houghton by 165.0% in the fourth quarter. Farther Finance Advisors LLC now owns 273 shares of the specialty chemicals company’s stock valued at $37,000 after buying an additional 170 shares during the period. Finally, Smartleaf Asset Management LLC boosted its stake in Quaker Houghton by 87.1% during the third quarter. Smartleaf Asset Management LLC now owns 348 shares of the specialty chemicals company’s stock valued at $46,000 after buying an additional 162 shares in the last quarter. 77.46% of the stock is currently owned by institutional investors.

Quaker Houghton Trading Down 3.2%

Shares of NYSE:KWR opened at $155.29 on Tuesday. The company has a quick ratio of 1.77, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. The company’s 50-day moving average price is $142.26 and its 200 day moving average price is $135.97. The company has a market cap of $2.69 billion, a PE ratio of -316.91, a P/E/G ratio of 1.45 and a beta of 1.33. Quaker Houghton has a fifty-two week low of $95.91 and a fifty-two week high of $162.10.

Quaker Houghton (NYSE:KWR) last posted its earnings results on Thursday, October 30th. The specialty chemicals company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.94 by $0.14. Quaker Houghton had a negative net margin of 0.48% and a positive return on equity of 8.64%. The firm had revenue of $493.84 million during the quarter, compared to analysts’ expectations of $475.06 million. During the same quarter in the prior year, the firm earned $1.89 EPS. Quaker Houghton’s quarterly revenue was up 6.8% on a year-over-year basis. Sell-side analysts anticipate that Quaker Houghton will post 7.75 earnings per share for the current year.

Quaker Houghton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $0.508 per share. This represents a $2.03 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, January 16th. Quaker Houghton’s payout ratio is -414.29%.

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.