Valhi (NYSE:VHI) Issues Quarterly Earnings Results, Beats Expectations By $0.20 EPS

Valhi (NYSE:VHI) announced its earnings results on Thursday. The basic materials company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.60 by $0.20, Zacks reports. Valhi had a return on equity of 6.90% and a net margin of 4.29%. The firm had revenue of $480.90 million for the quarter.

Valhi Stock Up 3.4 %

Shares of VHI stock opened at $16.92 on Friday. The company has a current ratio of 2.79, a quick ratio of 1.65 and a debt-to-equity ratio of 0.39. Valhi has a 1 year low of $14.05 and a 1 year high of $41.75. The firm’s fifty day moving average price is $20.75 and its two-hundred day moving average price is $26.45. The firm has a market capitalization of $478.78 million, a P/E ratio of 5.42 and a beta of 1.19.

Valhi Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 17th will be issued a $0.08 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.32 annualized dividend and a yield of 1.89%. Valhi’s dividend payout ratio (DPR) is presently 10.26%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Valhi from a “strong-buy” rating to a “buy” rating in a report on Monday, November 11th.

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.