Quaker Chemical (KWR) Projected to Post Earnings on Monday

Quaker Chemical (NYSE:KWR) is expected to be posting its quarterly earnings results after the market closes on Monday, February 24th. Analysts expect Quaker Chemical to post earnings of $1.62 per share and revenue of $430.47 million for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Quaker Chemical Price Performance

Shares of KWR stock opened at $141.64 on Friday. The company has a market capitalization of $2.52 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 1.60 and a beta of 1.39. The firm has a fifty day simple moving average of $138.62 and a 200-day simple moving average of $154.15. The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48. Quaker Chemical has a twelve month low of $124.66 and a twelve month high of $207.83.

Quaker Chemical Announces Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.94 annualized dividend and a dividend yield of 1.37%. Quaker Chemical’s dividend payout ratio (DPR) is presently 28.45%.

Insider Buying and Selling at Quaker Chemical

In other news, SVP David Slinkman sold 1,700 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $167.80, for a total value of $285,260.00. Following the transaction, the senior vice president now directly owns 2,825 shares in the company, valued at approximately $474,035. This trade represents a 37.57 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. StockNews.com upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating in a research note on Thursday, November 28th. Royal Bank of Canada decreased their target price on shares of Quaker Chemical from $195.00 to $180.00 and set an “outperform” rating for the company in a research note on Monday, November 4th. Piper Sandler restated a “neutral” rating and issued a $170.00 target price (down from $200.00) on shares of Quaker Chemical in a research note on Tuesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Quaker Chemical from $190.00 to $182.00 and set a “buy” rating on the stock in a research note on Monday, November 4th.

Quaker Chemical Company Profile

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.