Stepan (SCL) Scheduled to Post Earnings on Thursday

Stepan (NYSE:SCL) will post its quarterly earnings results before the market opens on Thursday, February 22nd. Analysts expect Stepan to post earnings of $0.74 per share for the quarter.

Stepan (NYSE SCL) opened at $72.17 on Thursday. The company has a market capitalization of $1,630.00, a PE ratio of 18.36 and a beta of 1.23. The company has a current ratio of 2.64, a quick ratio of 2.08 and a debt-to-equity ratio of 0.38. Stepan has a twelve month low of $68.51 and a twelve month high of $92.97.

SCL has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded Stepan from a “hold” rating to a “sell” rating in a research note on Thursday, February 1st. Scotiabank raised Stepan from an “underperform” rating to a “sector perform” rating and set a $32.00 price objective on the stock in a research note on Tuesday, November 14th. Finally, National Bank Financial boosted their price objective on Stepan from $35.00 to $36.00 in a research note on Monday, November 13th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Stepan currently has an average rating of “Hold” and a consensus target price of $35.60.

In other news, VP Debra Stefaniak sold 818 shares of the business’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $82.66, for a total value of $67,615.88. Following the transaction, the vice president now directly owns 6,616 shares of the company’s stock, valued at approximately $546,878.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 13.10% of the stock is owned by insiders.

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About Stepan

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The Company operates through three segments: Surfactants, Polymers and Specialty Products. The Company’s principal markets include manufacturers of cleaning and washing compounds (including detergents, shampoos, fabric softeners, toothpastes and household cleaners), paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics.

Earnings History for Stepan (NYSE:SCL)

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