Stepan (NYSE:SCL) Issues Quarterly Earnings Results

Stepan (NYSE:SCL) announced its quarterly earnings results on Wednesday. The basic materials company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.45 by ($0.33), Zacks reports. Stepan had a net margin of 2.10% and a return on equity of 4.56%. The company had revenue of $525.60 million for the quarter, compared to the consensus estimate of $520.97 million. During the same quarter in the prior year, the company earned $0.33 earnings per share. The company’s quarterly revenue was down 1.2% on a year-over-year basis.

Stepan Stock Performance

Stepan stock opened at $62.66 on Thursday. Stepan has a fifty-two week low of $59.55 and a fifty-two week high of $94.76. The firm’s fifty day moving average price is $64.41 and its 200-day moving average price is $71.44. The stock has a market cap of $1.41 billion, a P/E ratio of 31.17 and a beta of 0.84. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.86 and a current ratio of 1.27.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Stepan from a “hold” rating to a “buy” rating in a report on Friday, February 7th.

Stepan Company Profile

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients.