Quaker Chemical Corp (NYSE:KWR) – Equities researchers at Seaport Global Securities issued their Q1 2019 EPS estimates for Quaker Chemical in a research note issued on Thursday. Seaport Global Securities analyst M. Harrison forecasts that the specialty chemicals company will post earnings of $1.44 per share for the quarter. Seaport Global Securities also issued estimates for Quaker Chemical’s Q2 2019 earnings at $1.54 EPS, Q3 2019 earnings at $1.67 EPS and Q4 2019 earnings at $1.61 EPS.
Quaker Chemical (NYSE:KWR) last issued its quarterly earnings data on Thursday, October 26th. The specialty chemicals company reported $1.32 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.06. Quaker Chemical had a return on equity of 15.43% and a net margin of 5.93%. The company had revenue of $212.90 million during the quarter, compared to analysts’ expectations of $200.71 million. During the same quarter in the previous year, the business earned $1.25 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis.
Shares of Quaker Chemical (NYSE:KWR) traded up $3.56 during midday trading on Friday, reaching $158.14. The company’s stock had a trading volume of 65,619 shares, compared to its average volume of 68,954. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.25 and a current ratio of 2.83. Quaker Chemical has a one year low of $124.92 and a one year high of $165.93. The stock has a market capitalization of $2,100.00, a PE ratio of 44.17, a P/E/G ratio of 2.55 and a beta of 1.36.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Wednesday, January 17th will be paid a dividend of $0.355 per share. This represents a $1.42 annualized dividend and a dividend yield of 0.90%. The ex-dividend date is Tuesday, January 16th. Quaker Chemical’s dividend payout ratio (DPR) is presently 39.66%.
In other news, Director William Roland Cook sold 2,500 shares of the company’s stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $160.78, for a total transaction of $401,950.00. Following the completion of the sale, the director now owns 7,531 shares in the company, valued at $1,210,834.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Jan Nieman sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $155.00, for a total value of $155,000.00. Following the sale, the vice president now owns 12,636 shares of the company’s stock, valued at approximately $1,958,580. The disclosure for this sale can be found here. Insiders have sold 23,938 shares of company stock valued at $3,786,305 in the last 90 days. Company insiders own 3.60% of the company’s stock.
Several institutional investors have recently added to or reduced their stakes in the company. GW&K Investment Management LLC raised its stake in shares of Quaker Chemical by 1.7% during the fourth quarter. GW&K Investment Management LLC now owns 117,249 shares of the specialty chemicals company’s stock worth $17,680,000 after purchasing an additional 2,002 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Quaker Chemical by 6.1% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 82,213 shares of the specialty chemicals company’s stock worth $12,397,000 after purchasing an additional 4,758 shares during the last quarter. Pennsylvania Trust Co raised its stake in shares of Quaker Chemical by 121.7% during the fourth quarter. Pennsylvania Trust Co now owns 6,874 shares of the specialty chemicals company’s stock worth $1,036,000 after purchasing an additional 3,774 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of Quaker Chemical by 2.5% during the third quarter. California Public Employees Retirement System now owns 51,248 shares of the specialty chemicals company’s stock worth $7,582,000 after purchasing an additional 1,248 shares during the last quarter. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Quaker Chemical by 82.8% during the third quarter. Cubist Systematic Strategies LLC now owns 3,094 shares of the specialty chemicals company’s stock worth $458,000 after purchasing an additional 1,401 shares during the last quarter. Institutional investors and hedge funds own 84.06% of the company’s stock.
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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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