Quaker Chemical (NYSE:KWR) Hits New 1-Year Low - Time to Sell?

Quaker Chemical Co. (NYSE:KWR - Get Free Report) reached a new 52-week low on Wednesday . The company traded as low as $100.59 and last traded at $105.83, with a volume of 112392 shares. The stock had previously closed at $105.98.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Piper Sandler lowered their target price on shares of Quaker Chemical from $170.00 to $140.00 and set a "neutral" rating for the company in a research note on Wednesday, April 2nd. StockNews.com downgraded shares of Quaker Chemical from a "buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Royal Bank of Canada decreased their price target on Quaker Chemical from $172.00 to $169.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th.

Quaker Chemical Trading Down 0.2 %

The company has a current ratio of 2.54, a quick ratio of 1.88 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.76 billion, a PE ratio of 14.64, a P/E/G ratio of 1.62 and a beta of 1.42. The company has a fifty day simple moving average of $117.81 and a two-hundred day simple moving average of $137.51.

Quaker Chemical (NYSE:KWR - Get Free Report) last released its earnings results on Thursday, May 1st. The specialty chemicals company reported $1.58 earnings per share for the quarter, topping analysts' consensus estimates of $1.52 by $0.06. Quaker Chemical had a net margin of 6.58% and a return on equity of 10.10%. The firm had revenue of $442.91 million for the quarter, compared to analyst estimates of $455.23 million. During the same period in the prior year, the firm earned $2.09 earnings per share. The business's quarterly revenue was down 5.7% compared to the same quarter last year. Analysts anticipate that Quaker Chemical Co. will post 7.75 EPS for the current year.

Quaker Chemical Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th were given a dividend of $0.485 per share. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $1.94 annualized dividend and a dividend yield of 1.95%. Quaker Chemical's dividend payout ratio (DPR) is currently 36.67%.

Hedge Funds Weigh In On Quaker Chemical

Large investors have recently bought and sold shares of the business. TD Waterhouse Canada Inc. purchased a new position in shares of Quaker Chemical in the 4th quarter valued at about $26,000. First Horizon Advisors Inc. increased its stake in Quaker Chemical by 400.0% in the first quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty chemicals company's stock valued at $28,000 after purchasing an additional 184 shares during the last quarter. GAMMA Investing LLC raised its holdings in Quaker Chemical by 390.5% during the first quarter. GAMMA Investing LLC now owns 363 shares of the specialty chemicals company's stock worth $45,000 after purchasing an additional 289 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Quaker Chemical by 119.7% during the 1st quarter. Fifth Third Bancorp now owns 391 shares of the specialty chemicals company's stock worth $48,000 after buying an additional 213 shares during the last quarter. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Quaker Chemical in the 4th quarter valued at $58,000. Hedge funds and other institutional investors own 77.46% of the company's stock.

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.