Quaker Chemical (KWR) Projected to Post Earnings on Monday

Quaker Chemical (NYSE:KWR - Get Free Report) will likely be announcing its earnings results after the market closes on Monday, February 24th. Analysts expect the company to announce earnings of $1.62 per share and revenue of $430.47 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.

Quaker Chemical Trading Down 2.6 %

Shares of KWR stock traded down $3.76 during mid-day trading on Friday, reaching $141.64. The company's stock had a trading volume of 153,776 shares, compared to its average volume of 150,464. The company has a quick ratio of 1.88, a current ratio of 2.54 and a debt-to-equity ratio of 0.48. The firm 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 company's 50 day simple moving average is $138.84 and its 200-day simple moving average is $154.32. Quaker Chemical has a 12-month low of $124.66 and a 12-month high of $207.83.

Quaker Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Wednesday, April 16th. Quaker Chemical's dividend payout ratio is presently 28.45%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Piper Sandler reiterated a "neutral" rating and set a $170.00 price objective (down previously from $200.00) on shares of Quaker Chemical in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lowered their target price on Quaker Chemical from $190.00 to $182.00 and set a "buy" rating for the company in a research note on Monday, November 4th. StockNews.com raised Quaker Chemical from a "hold" rating to a "buy" rating in a research report on Thursday, November 28th. Finally, Royal Bank of Canada reduced their price target on Quaker Chemical from $195.00 to $180.00 and set an "outperform" rating for the company in a report on Monday, November 4th.

Insider Transactions at Quaker Chemical

In related news, SVP David Slinkman sold 1,700 shares of Quaker Chemical stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $167.80, for a total value of $285,260.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.30% of the company's stock.

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.