Valhi (NYSE:VHI) Issues Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Valhi (NYSE:VHI - Get Free Report) posted its quarterly earnings data on Thursday, May 8th. The basic materials company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.07), Zacks reports. Valhi had a net margin of 4.29% and a return on equity of 6.90%. The company had revenue of $538.60 million during the quarter.

Valhi Stock Up 2.9%

VHI stock traded up $0.43 during mid-day trading on Thursday, hitting $15.32. 5,058 shares of the company were exchanged, compared to its average volume of 19,606. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79. Valhi has a 1-year low of $14.20 and a 1-year high of $41.75. The firm's 50 day simple moving average is $16.80 and its 200 day simple moving average is $21.48. The firm has a market cap of $433.48 million, a P/E ratio of 4.91 and a beta of 1.33.

Valhi Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 17th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend was Monday, March 17th. Valhi's dividend payout ratio (DPR) is presently 7.80%.

Analyst Ratings Changes

Separately, StockNews.com lowered shares of Valhi from a "buy" rating to a "hold" rating in a report on Monday.

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.