Valhi (NYSE:VHI) Releases Earnings Results, Beats Expectations By $0.20 EPS

Valhi (NYSE:VHI - Get Free Report) posted its earnings results on Thursday. The basic materials company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.20, Zacks reports. The firm had revenue of $480.90 million for the quarter. Valhi had a return on equity of 6.90% and a net margin of 4.29%.

Valhi Stock Down 0.2 %

VHI traded down $0.03 on Monday, hitting $16.86. 31,333 shares of the company were exchanged, compared to its average volume of 19,990. The firm has a 50-day moving average price of $20.65 and a two-hundred day moving average price of $26.40. The company has a current ratio of 2.79, a quick ratio of 1.65 and a debt-to-equity ratio of 0.39. Valhi has a twelve month low of $14.05 and a twelve month high of $41.75. The company has a market cap of $476.94 million, a price-to-earnings ratio of 5.40 and a beta of 1.19.

Valhi Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 17th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Monday, March 17th. Valhi's payout ratio is currently 8.47%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Valhi from a "strong-buy" rating to a "buy" rating in a research note on Monday, November 11th.

About Valhi

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.