Quaker Chemical (KWR) Scheduled to Post Earnings on Thursday

Quaker Chemical (NYSE:KWRGet Free Report) is scheduled to release its earnings data after the market closes on Thursday, October 31st. Analysts expect Quaker Chemical to post earnings of $2.08 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Quaker Chemical (NYSE:KWRGet Free Report) last issued its quarterly earnings data on Monday, August 5th. The specialty chemicals company reported $2.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.21 by ($0.08). The company had revenue of $463.57 million during the quarter, compared to analyst estimates of $493.68 million. Quaker Chemical had a net margin of 6.56% and a return on equity of 10.49%. The business’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same period last year, the firm earned $1.93 EPS. On average, analysts expect Quaker Chemical to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Quaker Chemical Stock Down 1.6 %

Quaker Chemical stock opened at $151.98 on Wednesday. Quaker Chemical has a 52 week low of $139.76 and a 52 week high of $221.94. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 22.09, a price-to-earnings-growth ratio of 1.84 and a beta of 1.37. The business’s 50-day moving average price is $163.41 and its 200 day moving average price is $172.77. The company has a quick ratio of 1.94, a current ratio of 2.63 and a debt-to-equity ratio of 0.50.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on KWR shares. Deutsche Bank Aktiengesellschaft cut their target price on shares of Quaker Chemical from $225.00 to $190.00 and set a “buy” rating for the company in a report on Monday, August 26th. StockNews.com upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, Royal Bank of Canada dropped their target price on Quaker Chemical from $220.00 to $195.00 and set an “outperform” rating on the stock in a research report on Thursday, August 8th.

Get Our Latest Research Report on KWR

Quaker Chemical Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History for Quaker Chemical (NYSE:KWR)

Receive News & Ratings for Quaker Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaker Chemical and related companies with MarketBeat.com's FREE daily email newsletter.