Quaker Chemical (KWR) to Release Quarterly Earnings on Thursday

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

Quaker Chemical (NYSE:KWR) last posted its quarterly earnings data on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29). Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. The company had revenue of $444.09 million during the quarter, compared to analyst estimates of $430.47 million. During the same quarter in the previous year, the company 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 Trading Up 0.2 %

NYSE KWR opened at $133.78 on Wednesday. Quaker Chemical has a 12 month low of $124.66 and a 12 month high of $207.83. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48. The firm has a market capitalization of $2.36 billion, a PE ratio of 19.62, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39. The business’s 50-day moving average price is $138.12 and its two-hundred day moving average price is $153.22.

Quaker Chemical Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a $0.485 dividend. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.45%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical’s dividend payout ratio is 29.80%.

Analyst Upgrades and Downgrades

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

About Quaker Chemical

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.