PQ Group (NYSE:PQG) issued an update on its first quarter 2021 earnings guidance on Tuesday morning. The company provided earnings per share guidance of – for the period. The company issued revenue guidance of $123 million-$127 million, compared to the consensus revenue estimate of $113.67 million.
Shares of NYSE:PQG traded up $0.21 on Tuesday, hitting $14.30. The company had a trading volume of 7,231 shares, compared to its average volume of 280,748. The company has a current ratio of 2.76, a quick ratio of 1.70 and a debt-to-equity ratio of 1.06. PQ Group has a 52-week low of $9.61 and a 52-week high of $18.90. The business has a 50 day moving average of $16.48 and a 200 day moving average of $14.81. The company has a market cap of $1.96 billion, a PE ratio of 44.03 and a beta of 0.90.
PQ Group (NYSE:PQG) last issued its quarterly earnings data on Monday, March 8th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.49. PQ Group had a return on equity of 5.47% and a net margin of 2.94%. The business had revenue of $281.50 million for the quarter, compared to the consensus estimate of $323.78 million. During the same period in the prior year, the business earned $0.13 earnings per share. The business’s revenue was down .7% on a year-over-year basis. As a group, equities analysts predict that PQ Group will post 0.6 EPS for the current year.
In other news, major shareholder Ccmp Capital, Lp sold 8,164,010 shares of the firm’s stock in a transaction on Monday, May 3rd. The stock was sold at an average price of $13.44, for a total value of $109,724,294.40. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Kyle D. Vann purchased 10,000 shares of PQ Group stock in a transaction dated Thursday, April 29th. The stock was bought at an average price of $14.01 per share, for a total transaction of $140,100.00. Following the completion of the transaction, the director now directly owns 121,543 shares in the company, valued at $1,702,817.43. The disclosure for this purchase can be found here. 3.39% of the stock is currently owned by company insiders.
PQ Group Company Profile
PQ Group Holdings Inc provides specialty catalysts, chemicals, and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates through three segments: Refining Services, Catalysts, and Performance Chemicals. The Refining Services segment offers sulfuric acid recycling and end-to-end logistics services to produce alkylate; and virgin sulfuric acid for water treatment, mining, and industrial applications.
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