Quaker Chemical (NYSE:KWR) Releases Quarterly Earnings Results, Misses Expectations By $0.29 EPS

Quaker Chemical (NYSE:KWR) released its quarterly earnings data on Monday. The specialty chemicals company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.62 by ($0.29), Zacks reports. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. During the same period last year, the firm posted $1.78 EPS.

Quaker Chemical Price Performance

Shares of Quaker Chemical stock opened at $140.63 on Tuesday. The firm has a fifty day moving average price of $138.41 and a two-hundred day moving average price of $153.94. The company has a market cap of $2.50 billion, a PE ratio of 20.62, a price-to-earnings-growth ratio of 1.62 and a beta of 1.39. 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 has a fifty-two week low of $124.66 and a fifty-two week high of $207.83.

Quaker Chemical Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be given a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date of this dividend is Wednesday, April 16th. Quaker Chemical’s dividend payout ratio (DPR) is currently 28.45%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on KWR. 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 lowered their target price on shares of Quaker Chemical from $195.00 to $180.00 and set an “outperform” rating on the stock in a research report on Monday, November 4th. Deutsche Bank Aktiengesellschaft reduced their price target on Quaker Chemical from $190.00 to $182.00 and set a “buy” rating for the company in a research report on Monday, November 4th. Finally, Piper Sandler reissued a “neutral” rating and issued a $170.00 price target (down previously from $200.00) on shares of Quaker Chemical in a research report on Tuesday, January 7th.

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.