Quaker Chemical (KWR) Getting Somewhat Favorable News Coverage, Accern Reports
Headlines about Quaker Chemical (NYSE:KWR) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Quaker Chemical earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media stories about the specialty chemicals company an impact score of 45.5614909729458 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
- Quaker Chemical Corp (KWR) VP Sells $61,669.98 in Stock (americanbankingnews.com)
- Insider Selling: Quaker Chemical Corp (KWR) Director Sells 1,957 Shares of Stock (americanbankingnews.com)
- D Jeffry Benoliel Sells 3,625 Shares of Quaker Chemical Corp (KWR) Stock (americanbankingnews.com)
- TheStreet Lowers Quaker Chemical (KWR) to C+ (americanbankingnews.com)
- Extensive Range of Process Fluid Solutions for Tube & Pipe Applications (prnewswire.com)
A number of equities analysts have commented on KWR shares. TheStreet lowered shares of Quaker Chemical from a “b” rating to a “c+” rating in a research report on Monday, March 5th. B. Riley set a $165.00 price target on shares of Quaker Chemical and gave the company a “hold” rating in a research report on Monday, November 20th. ValuEngine lowered shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research upgraded shares of Quaker Chemical from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. Quaker Chemical presently has an average rating of “Hold” and a consensus target price of $163.50.
Quaker Chemical (NYSE:KWR) last released its quarterly earnings results on Wednesday, February 28th. The specialty chemicals company reported $1.27 EPS for the quarter, beating the Zacks’ consensus estimate of $1.26 by $0.01. The firm had revenue of $211.10 million for the quarter, compared to analyst estimates of $208.07 million. Quaker Chemical had a net margin of 2.47% and a return on equity of 15.48%. The company’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 earnings per share. equities research analysts predict that Quaker Chemical will post 5.46 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 30th. Shareholders of record on Monday, April 16th will be given a $0.355 dividend. The ex-dividend date of this dividend is Friday, April 13th. This represents a $1.42 dividend on an annualized basis and a yield of 0.90%. Quaker Chemical’s dividend payout ratio (DPR) is presently 94.04%.
In other Quaker Chemical news, VP D Jeffry Benoliel sold 3,625 shares of the business’s stock in a transaction dated Tuesday, March 6th. The shares were sold at an average price of $150.38, for a total value of $545,127.50. Following the completion of the transaction, the vice president now directly owns 5,827 shares of the company’s stock, valued at $876,264.26. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Adrian Steeples sold 1,957 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $150.34, for a total transaction of $294,215.38. Following the completion of the transaction, the director now directly owns 5,101 shares of the company’s stock, valued at $766,884.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,229 shares of company stock valued at $1,101,175. Insiders own 3.60% of the company’s stock.
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Quaker Chemical Company Profile
Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.
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