Valhi (VHI) Issues Earnings Results

Valhi (NYSE:VHI) posted its quarterly earnings results on Thursday. The basic materials company reported $0.42 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.22 by $0.20, Fidelity Earnings reports. Valhi had a return on equity of 235.99% and a net margin of 14.44%. The firm had revenue of $455.20 million during the quarter.

Shares of VHI stock traded down $0.03 during mid-day trading on Friday, hitting $2.10. The company’s stock had a trading volume of 256,486 shares, compared to its average volume of 202,823. Valhi has a 52-week low of $1.95 and a 52-week high of $9.24. The company has a debt-to-equity ratio of 5.23, a current ratio of 3.76 and a quick ratio of 2.64. The stock has a market capitalization of $736.03 million, a P/E ratio of 2.82 and a beta of 2.54.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Tuesday, December 4th will be paid a $0.02 dividend. This represents a $0.08 annualized dividend and a dividend yield of 3.81%. The ex-dividend date is Monday, December 3rd.

VHI has been the subject of several recent analyst reports. ValuEngine cut Valhi from a “buy” rating to a “hold” rating in a research note on Wednesday, August 15th. TheStreet cut Valhi from a “b-” rating to a “c” rating in a research note on Friday, August 24th.

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About Valhi

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.

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Earnings History for Valhi (NYSE:VHI)

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