PQ Group (NYSE:PQG) will be posting its quarterly earnings results before the market opens on Thursday, May 6th. Individual interested in listening to the company’s earnings conference call can do so using this link.

PQ Group (NYSE:PQG) last posted its quarterly earnings data on Monday, March 8th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.49. The firm had revenue of $281.50 million during the quarter, compared to analysts’ expectations of $323.78 million. PQ Group had a net margin of 2.94% and a return on equity of 5.47%. PQ Group’s revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.13 EPS. On average, analysts expect PQ Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of PQ Group stock traded up $0.30 on Tuesday, hitting $14.39. 14,150 shares of the company’s stock traded hands, compared to its average volume of 280,748. The firm’s 50-day moving average price is $16.48 and its two-hundred day moving average price is $14.81. The stock has a market capitalization of $1.97 billion, a PE ratio of 44.88 and a beta of 0.90. PQ Group has a one year low of $9.61 and a one year high of $18.90. The company has a debt-to-equity ratio of 1.06, a current ratio of 2.76 and a quick ratio of 1.70.

In other news, major shareholder Ccmp Capital, Lp sold 8,164,010 shares of PQ Group stock in a transaction dated Monday, May 3rd. The shares were sold at an average price of $13.44, for a total transaction of $109,724,294.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Kyle D. Vann acquired 10,000 shares of PQ Group stock in a transaction dated Thursday, April 29th. The shares were acquired at an average price of $14.01 per share, with a total value of $140,100.00. Following the completion of the acquisition, the director now directly owns 121,543 shares of the company’s stock, valued at $1,702,817.43. The disclosure for this purchase can be found here. 3.39% of the stock is owned by company insiders.

A number of equities analysts recently weighed in on PQG shares. Morgan Stanley upped their target price on shares of PQ Group from $13.00 to $15.00 and gave the stock an “equal weight” rating in a research note on Tuesday. Credit Suisse Group restated an “outperform” rating and set a $19.00 price objective on shares of PQ Group in a research note on Monday, March 22nd. KeyCorp upped their target price on shares of PQ Group from $18.00 to $21.00 and gave the company an “overweight” rating in a report on Monday, March 15th. Finally, Zacks Investment Research cut shares of PQ Group from a “hold” rating to a “sell” rating in a report on Friday, March 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and four have issued a buy rating to the company. PQ Group presently has an average rating of “Buy” and a consensus price target of $17.67.

About PQ Group

PQ Group Holdings Inc provides specialty catalysts, chemicals, and services in the United States, the Netherlands, the United Kingdom, and internationally. The company operates through three segments: Refining Services, Catalysts, and Performance Chemicals. The Refining Services segment offers sulfuric acid recycling and end-to-end logistics services to produce alkylate; and virgin sulfuric acid for water treatment, mining, and industrial applications.

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Earnings History for PQ Group (NYSE:PQG)

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