Quaker Chemical (KWR) Projected to Post Quarterly Earnings on Thursday

Quaker Chemical (NYSE:KWRGet Free Report) is expected to announce its earnings results after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $1.62 per share and revenue of $430.47 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Quaker Chemical (NYSE:KWRGet Free Report) last posted its quarterly earnings data on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). The firm had revenue of $444.09 million for the quarter, compared to analysts’ expectations of $430.47 million. Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. During the same period in the prior year, the firm earned $1.78 earnings per share. On average, analysts expect Quaker Chemical to post $8 EPS for the current fiscal year and $8 EPS for the next fiscal year.

Quaker Chemical Stock Performance

Shares of KWR stock opened at $133.78 on Wednesday. Quaker Chemical has a one year low of $124.66 and a one year high of $207.83. The company has a market cap of $2.36 billion, a P/E ratio of 19.62, a P/E/G ratio of 1.62 and a beta of 1.39. The firm has a 50-day moving average of $138.12 and a 200-day moving average of $153.22. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.54 and a quick ratio of 1.88.

Quaker Chemical Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.485 per share. The ex-dividend date is Wednesday, April 16th. This represents a $1.94 annualized dividend and a dividend yield of 1.45%. Quaker Chemical’s dividend payout ratio is currently 29.80%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. StockNews.com downgraded Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Wednesday, February 26th. Piper Sandler reaffirmed a “neutral” rating and set a $170.00 target price (down from $200.00) on shares of Quaker Chemical in a research report on Tuesday, January 7th. Finally, Royal Bank of Canada reduced their price target on shares of Quaker Chemical from $172.00 to $169.00 and set an “outperform” rating for the company in a research report on Wednesday, February 26th.

Check Out Our Latest Stock Analysis on KWR

Quaker Chemical Company Profile

(Get Free Report)

Quaker Chemical Corporation, together with its subsidiaries, develops, produces, and markets various formulated specialty chemical products for a range of heavy industrial and manufacturing applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die-cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.

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Earnings History for Quaker Chemical (NYSE:KWR)

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