Quaker Chemical (KWR) Expected to Announce Quarterly Earnings on Monday

Quaker Chemical (NYSE:KWR) is expected to announce 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.

Quaker Chemical Price Performance

NYSE:KWR opened at $145.70 on Friday. 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 stock’s 50 day moving average price is $138.84 and its two-hundred day moving average price is $154.32. The firm has a market capitalization of $2.59 billion, a price-to-earnings ratio of 21.36, a P/E/G ratio of 1.60 and a beta of 1.39. Quaker Chemical has a 12-month low of $124.66 and a 12-month high of $207.83.

Quaker Chemical Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.485 per share. The ex-dividend date is Wednesday, April 16th. This represents a $1.94 dividend on an annualized basis and a dividend yield of 1.33%. Quaker Chemical’s dividend payout ratio (DPR) is currently 28.45%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on KWR shares. Piper Sandler reiterated a “neutral” rating and set a $170.00 target price (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 on the stock in a research note on Monday, November 4th. Royal Bank of Canada reduced their price target on Quaker Chemical from $195.00 to $180.00 and set an “outperform” rating on the stock in a research report on Monday, November 4th. Finally, StockNews.com raised Quaker Chemical from a “hold” rating to a “buy” rating in a research report on Thursday, November 28th.

Insider Buying and Selling

In other 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 of the company’s stock, valued at approximately $474,035. This trade represents a 37.57 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.30% of the stock is owned by corporate insiders.

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.