Quaker Chemical (NYSE:KWR) Reaches New 52-Week Low - Time to Sell?

Quaker Chemical Co. (NYSE:KWR - Get Free Report) shares reached a new 52-week low during trading on Wednesday . The stock traded as low as $131.49 and last traded at $132.52, with a volume of 136442 shares. The stock had previously closed at $136.77.

Wall Street Analysts Forecast Growth

KWR has been the subject of several analyst reports. StockNews.com upgraded Quaker Chemical from a "hold" rating to a "buy" rating in a report on Thursday, November 28th. Deutsche Bank Aktiengesellschaft dropped their price objective 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. Piper Sandler reaffirmed 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. Finally, Royal Bank of Canada dropped their price target on shares of Quaker Chemical from $195.00 to $180.00 and set an "outperform" rating for the company in a research report on Monday, November 4th.

Quaker Chemical Trading Down 1.6 %

The firm has a market cap of $2.33 billion, a PE ratio of 19.17, a PEG ratio of 1.84 and a beta of 1.39. The firm has a fifty day simple moving average of $153.93 and a two-hundred day simple moving average of $162.31. 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 (NYSE:KWR - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The specialty chemicals company reported $1.89 earnings per share for the quarter, missing the consensus estimate of $2.08 by ($0.19). Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. The company had revenue of $462.27 million during the quarter, compared to the consensus estimate of $469.17 million. During the same quarter last year, the firm earned $2.05 EPS. The business's revenue was down 5.8% on a year-over-year basis. Equities analysts forecast that Quaker Chemical Co. will post 7.78 EPS for the current year.

Quaker Chemical Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Friday, January 17th will be issued a $0.485 dividend. The ex-dividend date is Friday, January 17th. This represents a $1.94 annualized dividend and a yield of 1.48%. Quaker Chemical's dividend payout ratio (DPR) is presently 28.45%.

Insider Buying and Selling at Quaker Chemical

In related news, SVP David Slinkman sold 1,700 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $167.80, for a total transaction of $285,260.00. Following the sale, the senior vice president now owns 2,825 shares of the company's stock, valued at $474,035. The trade was a 37.57 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Jeewat Bijlani sold 645 shares of the firm's stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $165.98, for a total transaction of $107,057.10. Following the transaction, the executive vice president now directly owns 4,747 shares of the company's stock, valued at $787,907.06. This represents a 11.96 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.30% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. GAMMA Investing LLC increased its position in shares of Quaker Chemical by 105.3% during the third quarter. GAMMA Investing LLC now owns 156 shares of the specialty chemicals company's stock valued at $26,000 after acquiring an additional 80 shares in the last quarter. KBC Group NV boosted its stake in Quaker Chemical by 50.9% during the 3rd quarter. KBC Group NV now owns 525 shares of the specialty chemicals company's stock valued at $88,000 after purchasing an additional 177 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of Quaker Chemical by 100.0% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 906 shares of the specialty chemicals company's stock worth $153,000 after purchasing an additional 453 shares in the last quarter. iSAM Funds UK Ltd purchased a new position in shares of Quaker Chemical in the third quarter worth $208,000. Finally, Edgestream Partners L.P. bought a new position in shares of Quaker Chemical during the third quarter valued at $215,000. 77.46% of the stock is owned by hedge funds and other institutional investors.

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.