Wall Street analysts predict that Quaker Chemical Corp (NYSE:KWR) will report sales of $208.76 million for the current fiscal quarter, Zacks reports. Two analysts have made estimates for Quaker Chemical’s earnings, with the highest sales estimate coming in at $211.20 million and the lowest estimate coming in at $206.31 million. Quaker Chemical reported sales of $191.25 million in the same quarter last year, which indicates a positive year-over-year growth rate of 9.2%. The business is scheduled to announce its next quarterly earnings results on Tuesday, February 27th.

According to Zacks, analysts expect that Quaker Chemical will report full year sales of $208.76 million for the current year, with estimates ranging from $812.00 million to $820.20 million. For the next fiscal year, analysts expect that the firm will post sales of $853.49 million per share, with estimates ranging from $842.78 million to $864.20 million. Zacks’ sales averages are an average based on a survey of research firms that that provide coverage for Quaker Chemical.

Quaker Chemical (NYSE:KWR) last released its earnings results on Thursday, October 26th. The specialty chemicals company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $1.26 by $0.06. The company had revenue of $212.90 million during the quarter, compared to the consensus estimate of $200.71 million. Quaker Chemical had a return on equity of 15.43% and a net margin of 5.93%. Quaker Chemical’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.25 EPS.

Several equities research analysts recently weighed in on KWR shares. Zacks Investment Research upgraded Quaker Chemical from a “hold” rating to a “buy” rating and set a $171.00 target price for the company in a research note on Wednesday, November 1st. FBR & Co set a $165.00 price objective on Quaker Chemical and gave the company a “hold” rating in a research note on Friday, October 27th. ValuEngine cut Quaker Chemical from a “buy” rating to a “hold” rating in a research note on Friday, December 1st. Finally, B. Riley set a $165.00 target price on Quaker Chemical and gave the company a “hold” rating in a report on Monday, November 20th. Two analysts have rated the stock with a sell rating and four have assigned a hold rating to the company. Quaker Chemical currently has an average rating of “Hold” and an average target price of $163.50.

Quaker Chemical (KWR) opened at $151.45 on Thursday. Quaker Chemical has a 52-week low of $124.92 and a 52-week high of $165.93. The company has a market capitalization of $2,005.40, a PE ratio of 42.66, a PEG ratio of 2.46 and a beta of 1.36. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.25 and a current ratio of 2.83.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be issued a $0.355 dividend. The ex-dividend date is Tuesday, January 16th. This represents a $1.42 dividend on an annualized basis and a dividend yield of 0.94%. Quaker Chemical’s dividend payout ratio (DPR) is 40.00%.

In related news, Director Mark Douglas sold 1,575 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $164.23, for a total value of $258,662.25. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP L Wilbert Platzer sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $156.75, for a total value of $156,750.00. Following the completion of the sale, the vice president now directly owns 5,810 shares in the company, valued at approximately $910,717.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,938 shares of company stock worth $3,786,305. Company insiders own 3.60% of the company’s stock.

A number of institutional investors have recently made changes to their positions in KWR. Flinton Capital Management LLC grew its holdings in shares of Quaker Chemical by 29.7% in the 2nd quarter. Flinton Capital Management LLC now owns 768 shares of the specialty chemicals company’s stock worth $111,000 after acquiring an additional 176 shares during the last quarter. Riverhead Capital Management LLC grew its holdings in shares of Quaker Chemical by 55.3% during the second quarter. Riverhead Capital Management LLC now owns 932 shares of the specialty chemicals company’s stock valued at $135,000 after buying an additional 332 shares in the last quarter. Advisor Group Inc. grew its holdings in shares of Quaker Chemical by 15.6% during the second quarter. Advisor Group Inc. now owns 954 shares of the specialty chemicals company’s stock valued at $139,000 after buying an additional 129 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new position in shares of Quaker Chemical during the second quarter valued at $246,000. Finally, Virginia Retirement Systems ET AL acquired a new stake in Quaker Chemical during the third quarter valued at $252,000. 84.04% of the stock is currently owned by hedge funds and other institutional investors.

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About Quaker Chemical

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 (NYSE:KWR)

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