Quaker Chemical Corp. PT Raised to $93.00 at Jefferies Group (KWR)
Jefferies Group boosted their price objective on shares of Quaker Chemical Corp. (NYSE:KWR) from $89.00 to $93.00 in a research note issued on Thursday. Jefferies Group’s price objective would indicate a potential upside of 22.76% from the stock’s previous close.
Quaker Chemical Corp. (NYSE:KWR) opened at 75.76 on Thursday. Quaker Chemical Corp. has a one year low of $65.19 and a one year high of $81.70. The stock has a 50-day moving average of $73.67 and a 200-day moving average of $75.09. The company has a market cap of $1.003 billion and a price-to-earnings ratio of 18.34.
Quaker Chemical Corp. (NYSE:KWR) last released its earnings data on Thursday, July 31st. The company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.08 by $0.03. The company had revenue of $191.30 million for the quarter, compared to the consensus estimate of $191.80 million. During the same quarter in the previous year, the company posted $1.00 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. On average, analysts predict that Quaker Chemical Corp. will post $4.07 earnings per share for the current fiscal year.
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).
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