Equities research analysts predict that W. R. Grace & Co (NYSE:GRA) will announce earnings of $0.96 per share for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for W. R. Grace & Co’s earnings, with the highest EPS estimate coming in at $0.98 and the lowest estimate coming in at $0.95. W. R. Grace & Co posted earnings per share of $0.95 during the same quarter last year, which would indicate a positive year over year growth rate of 1.1%. The business is expected to report its next quarterly earnings report on Wednesday, February 14th.

According to Zacks, analysts expect that W. R. Grace & Co will report full year earnings of $3.39 per share for the current fiscal year, with EPS estimates ranging from $3.38 to $3.40. For the next financial year, analysts expect that the company will report earnings of $3.69 per share, with EPS estimates ranging from $3.65 to $3.72. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for W. R. Grace & Co.

W. R. Grace & Co (NYSE:GRA) last posted its quarterly earnings data on Wednesday, October 25th. The specialty chemicals company reported $0.90 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.81 by $0.09. The firm had revenue of $429.50 million during the quarter, compared to analysts’ expectations of $411.50 million. W. R. Grace & Co had a return on equity of 48.03% and a net margin of 8.54%. The business’s quarterly revenue was up 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 EPS.

A number of analysts have recently weighed in on GRA shares. Loop Capital started coverage on W. R. Grace & Co in a research report on Thursday, September 28th. They issued a “buy” rating and a $81.00 price objective for the company. KeyCorp reissued a “buy” rating and issued a $77.00 price objective on shares of W. R. Grace & Co in a research report on Tuesday, October 17th. Jefferies Group reissued a “hold” rating on shares of W. R. Grace & Co in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research cut W. R. Grace & Co from a “buy” rating to a “hold” rating in a research report on Tuesday, December 26th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seven have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $81.60.

W. R. Grace & Co (GRA) traded down $0.63 during trading on Wednesday, hitting $72.93. The stock had a trading volume of 570,200 shares, compared to its average volume of 506,930. The company has a debt-to-equity ratio of 3.83, a current ratio of 1.59 and a quick ratio of 1.06. The firm has a market cap of $4,970.00, a PE ratio of 33.00, a price-to-earnings-growth ratio of 1.67 and a beta of 1.17. W. R. Grace & Co has a 52-week low of $65.84 and a 52-week high of $77.37.

A number of hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in W. R. Grace & Co by 1.7% in the 2nd quarter. Vanguard Group Inc. now owns 5,895,867 shares of the specialty chemicals company’s stock worth $424,561,000 after acquiring an additional 98,017 shares during the last quarter. Neuberger Berman Group LLC raised its stake in W. R. Grace & Co by 1.2% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,397,331 shares of the specialty chemicals company’s stock worth $100,817,000 after acquiring an additional 16,959 shares during the last quarter. State Street Corp raised its stake in W. R. Grace & Co by 1.0% in the 2nd quarter. State Street Corp now owns 1,294,756 shares of the specialty chemicals company’s stock worth $93,236,000 after acquiring an additional 12,601 shares during the last quarter. Point72 Asset Management L.P. raised its stake in W. R. Grace & Co by 2,472.5% in the 3rd quarter. Point72 Asset Management L.P. now owns 905,520 shares of the specialty chemicals company’s stock worth $65,333,000 after acquiring an additional 870,320 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in W. R. Grace & Co by 1.0% in the 2nd quarter. Renaissance Technologies LLC now owns 635,900 shares of the specialty chemicals company’s stock worth $45,791,000 after acquiring an additional 6,600 shares during the last quarter. Institutional investors own 84.79% of the company’s stock.

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W. R. Grace & Co Company Profile

W. R. Grace & Co (Grace) is engaged in the production and sale of specialty chemicals and specialty materials. The Company operates in two segments: Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment includes catalysts and related products and technologies used in refining, petrochemical and other chemical manufacturing applications.

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Earnings History and Estimates for W. R. Grace & Co (NYSE:GRA)

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