Quaker Chemical (KWR) to Release Earnings on Thursday

Quaker Chemical (NYSE:KWR - Get Free Report) is anticipated 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 interested in registering for the company's earnings conference call can do so using this link.

Quaker Chemical (NYSE:KWR - Get Free Report) last released its quarterly earnings data on Monday, February 24th. The specialty chemicals company reported $1.33 earnings per share for the quarter, missing the consensus estimate of $1.62 by ($0.29). The firm had revenue of $444.09 million for the quarter, compared to analyst estimates of $430.47 million. Quaker Chemical had a return on equity of 10.10% and a net margin of 6.58%. During the same quarter 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 traded down $0.01 on Friday, reaching $139.01. The stock had a trading volume of 147,589 shares, compared to its average volume of 150,654. Quaker Chemical has a 12 month low of $124.66 and a 12 month high of $207.83. 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 $2.46 billion, a price-to-earnings ratio of 20.38, a P/E/G ratio of 1.62 and a beta of 1.39. The firm's 50-day moving average is $138.20 and its two-hundred day moving average is $153.45.

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Quaker Chemical Announces Dividend

The firm 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 $0.485 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $1.94 annualized dividend and a yield of 1.40%. Quaker Chemical's dividend payout ratio is 29.80%.

Analysts Set New Price Targets

KWR has been the subject of a number of research analyst reports. StockNews.com cut Quaker Chemical from a "buy" rating to a "hold" rating in a report on Wednesday. Piper Sandler restated a "neutral" rating and issued a $170.00 price target (down from $200.00) on shares of Quaker Chemical in a research note on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft lowered their price objective on Quaker Chemical from $190.00 to $182.00 and set a "buy" rating on the stock in a research report on Monday, November 4th. Finally, Royal Bank of Canada dropped their target price on Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating for the company in a report on Wednesday.

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.