Wall Street brokerages expect Quaker Chemical Corporation (NYSE:KWR) to post sales of $203.28 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Quaker Chemical Corporation’s earnings, with the highest sales estimate coming in at $204.70 million and the lowest estimate coming in at $201.85 million. Quaker Chemical Corporation reported sales of $190.43 million during the same quarter last year, which indicates a positive year-over-year growth rate of 6.7%. The business is scheduled to issue its next quarterly earnings report after the market closes on Thursday, October 26th.

According to Zacks, analysts expect that Quaker Chemical Corporation will report full-year sales of $203.28 million for the current year, with estimates ranging from $789.00 million to $807.00 million. For the next year, analysts anticipate that the firm will post sales of $837.22 million per share, with estimates ranging from $829.83 million to $844.60 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Quaker Chemical Corporation.

Quaker Chemical Corporation (NYSE:KWR) last released its earnings results on Thursday, July 27th. The specialty chemicals company reported $1.24 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.24. The company had revenue of $201.18 million during the quarter, compared to the consensus estimate of $197.23 million. Quaker Chemical Corporation had a return on equity of 15.52% and a net margin of 6.73%. Quaker Chemical Corporation’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.11 EPS.

A number of equities analysts recently commented on KWR shares. FBR & Co reissued a “marketperform” rating on shares of Quaker Chemical Corporation in a research note on Tuesday, July 11th. Jefferies Group LLC reissued a “hold” rating and set a $153.00 price target on shares of Quaker Chemical Corporation in a research note on Wednesday, July 19th. BidaskClub lowered Quaker Chemical Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research lowered Quaker Chemical Corporation from a “hold” rating to a “sell” rating in a research note on Saturday, September 9th.

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Shares of Quaker Chemical Corporation (NYSE:KWR) opened at 150.84 on Monday. The company has a market cap of $2.01 billion, a P/E ratio of 38.34 and a beta of 1.24. Quaker Chemical Corporation has a 52-week low of $102.86 and a 52-week high of $154.38. The company has a 50-day moving average price of $146.60 and a 200-day moving average price of $142.87.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th will be paid a dividend of $0.355 per share. This represents a $1.42 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date is Monday, October 16th. Quaker Chemical Corporation’s payout ratio is presently 36.13%.

In other news, Director Donald R. Caldwell sold 1,800 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $139.55, for a total value of $251,190.00. Following the completion of the sale, the director now directly owns 9,281 shares of the company’s stock, valued at approximately $1,295,163.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Jan Nieman sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $145.00, for a total value of $145,000.00. Following the completion of the sale, the vice president now directly owns 14,636 shares of the company’s stock, valued at $2,122,220. The disclosure for this sale can be found here. Insiders sold a total of 4,800 shares of company stock valued at $686,190 over the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. lifted its stake in shares of Quaker Chemical Corporation by 82,132.2% in the 1st quarter. BlackRock Inc. now owns 1,568,991 shares of the specialty chemicals company’s stock valued at $206,573,000 after purchasing an additional 1,567,083 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Quaker Chemical Corporation by 1.3% in the 2nd quarter. Vanguard Group Inc. now owns 1,187,965 shares of the specialty chemicals company’s stock valued at $172,528,000 after purchasing an additional 15,174 shares during the last quarter. Neuberger Berman Group LLC lifted its stake in shares of Quaker Chemical Corporation by 6.5% in the 2nd quarter. Neuberger Berman Group LLC now owns 610,234 shares of the specialty chemicals company’s stock valued at $88,624,000 after purchasing an additional 37,365 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Quaker Chemical Corporation by 6.5% in the 2nd quarter. JPMorgan Chase & Co. now owns 543,906 shares of the specialty chemicals company’s stock valued at $78,991,000 after purchasing an additional 33,085 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in shares of Quaker Chemical Corporation by 0.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 517,220 shares of the specialty chemicals company’s stock valued at $68,097,000 after purchasing an additional 1,340 shares during the last quarter. 82.75% of the stock is owned by institutional investors and hedge funds.

About Quaker Chemical Corporation

Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.

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Earnings History and Estimates for Quaker Chemical Corporation (NYSE:KWR)

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