Quaker Chemical Corp. Sets New 1-Year High at $74.83 (KWR)
Quaker Chemical Corp. (NYSE:KWR) set a new 52-week high on Friday, Analyst Ratings.Net reports. The company traded as high as $74.83 and last traded at $74.55, with a volume of 17,413 shares. The stock had previously closed at $73.07.
A number of research firms have recently commented on KWR. Analysts at Sidoti downgraded shares of Quaker Chemical Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, August 15th. Analysts at Jefferies Group raised their price target on shares of Quaker Chemical Corp. from $71.00 to $76.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock.
Quaker Chemical Corp. has a 1-year low of $45.63 and a 1-year high of $74.99. The stock has a 50-day moving average of $69.95 and a 200-day moving average of $65.12. The company has a market cap of $986.4 million and a P/E ratio of 17.89.
Quaker Chemical Corp. (NYSE:KWR) last announced its earnings results on Monday, July 29th. The company reported $1.22 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.92 by $0.30. The company had revenue of $184.85 million for the quarter, compared to the consensus estimate of $181.20 million. During the same quarter last year, the company posted $0.90 earnings per share. Quaker Chemical Corp.’s revenue was up 4.6% compared to the same quarter last year. Analysts expect that Quaker Chemical Corp. will post $3.78 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Thursday, October 31st. Investors of record on Thursday, October 17th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Tuesday, October 15th.
Quaker Chemical Corporation (NYSE:KWR) develops, produces and markets a range of formulated chemical specialty products for various heavy industrial and manufacturing applications and, in addition, offers and markets chemical management services (CMS).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.