Quaker Houghton (NYSE:KWR - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $141.12 and traded as high as $147.75. Quaker Houghton shares last traded at $147.4960, with a volume of 87,581 shares trading hands.
Analyst Ratings Changes
Several equities analysts recently commented on the stock. Weiss Ratings raised shares of Quaker Houghton from a "sell (d)" rating to a "sell (d+)" rating in a research note on Wednesday. Jefferies Financial Group dropped their price objective on shares of Quaker Houghton from $203.00 to $175.00 and set a "buy" rating for the company in a research note on Monday, April 6th. Wall Street Zen downgraded shares of Quaker Houghton from a "buy" rating to a "hold" rating in a research note on Sunday, April 12th. Zacks Research downgraded shares of Quaker Houghton from a "hold" rating to a "strong sell" rating in a research note on Wednesday, April 22nd. Finally, Royal Bank Of Canada increased their price objective on shares of Quaker Houghton from $151.00 to $157.00 and gave the company an "outperform" rating in a research note on Monday. Three research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat.com, Quaker Houghton currently has an average rating of "Hold" and a consensus target price of $166.00.
View Our Latest Analysis on KWR
Quaker Houghton Stock Performance
The company has a debt-to-equity ratio of 0.61, a current ratio of 2.45 and a quick ratio of 1.72. The company's 50-day moving average price is $131.05 and its two-hundred day moving average price is $141.12. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 526.79, a PEG ratio of 0.96 and a beta of 1.42.
Quaker Houghton (NYSE:KWR - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The specialty chemicals company reported $1.63 earnings per share for the quarter, missing the consensus estimate of $1.66 by ($0.03). Quaker Houghton had a return on equity of 9.03% and a net margin of 0.22%.The firm had revenue of $480.48 million for the quarter, compared to analyst estimates of $463.70 million. During the same quarter last year, the company earned $1.58 earnings per share. The company's quarterly revenue was up 8.5% compared to the same quarter last year. On average, equities research analysts anticipate that Quaker Houghton will post 7.43 EPS for the current fiscal year.
Quaker Houghton Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th were given a dividend of $0.508 per share. The ex-dividend date was Thursday, April 16th. This represents a $2.03 annualized dividend and a dividend yield of 1.4%. Quaker Houghton's dividend payout ratio is 725.00%.
Institutional Investors Weigh In On Quaker Houghton
A number of large investors have recently bought and sold shares of KWR. Kohmann Bosshard Financial Services LLC acquired a new stake in Quaker Houghton in the fourth quarter worth $27,000. Aster Capital Management DIFC Ltd acquired a new stake in Quaker Houghton in the third quarter worth $28,000. EverSource Wealth Advisors LLC grew its holdings in Quaker Houghton by 284.8% in the second quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company's stock worth $34,000 after purchasing an additional 225 shares during the period. Farther Finance Advisors LLC grew its holdings in Quaker Houghton by 165.0% in the fourth quarter. Farther Finance Advisors LLC now owns 273 shares of the specialty chemicals company's stock worth $37,000 after purchasing an additional 170 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in Quaker Houghton by 87.1% in the third quarter. Smartleaf Asset Management LLC now owns 348 shares of the specialty chemicals company's stock worth $46,000 after purchasing an additional 162 shares during the period. 77.46% of the stock is currently owned by institutional investors and hedge funds.
Quaker Houghton Company Profile
(
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Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.
The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.
Further Reading
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