Analysts Set Quaker Houghton (NYSE:KWR) PT at $152.33

Shares of Quaker Houghton (NYSE:KWR) have received an average recommendation of “Hold” from the six ratings firms that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $152.3333.

A number of research analysts have issued reports on KWR shares. Zacks Research upgraded shares of Quaker Houghton from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Royal Bank Of Canada increased their price objective on shares of Quaker Houghton from $149.00 to $171.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Quaker Houghton in a report on Wednesday, October 8th. Finally, Wall Street Zen upgraded shares of Quaker Houghton from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th.

Quaker Houghton Stock Up 1.4%

NYSE:KWR opened at $144.92 on Friday. The company has a market cap of $2.51 billion, a price-to-earnings ratio of -295.76, a P/E/G ratio of 1.63 and a beta of 1.33. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.77 and a current ratio of 2.47. The stock’s fifty day moving average price is $136.11 and its two-hundred day moving average price is $131.59. Quaker Houghton has a 52-week low of $95.91 and a 52-week high of $148.80.

Quaker Houghton (NYSE:KWR) last released its earnings results on Thursday, October 30th. The specialty chemicals company reported $2.08 EPS for the quarter, beating the consensus estimate of $1.94 by $0.14. The company had revenue of $493.84 million during the quarter, compared to analysts’ expectations of $475.06 million. Quaker Houghton had a positive return on equity of 8.64% and a negative net margin of 0.48%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period last year, the firm earned $1.89 EPS. On average, analysts anticipate that Quaker Houghton will post 7.75 EPS for the current year.

Quaker Houghton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be issued a dividend of $0.508 per share. The ex-dividend date is Friday, January 16th. This represents a $2.03 dividend on an annualized basis and a yield of 1.4%. Quaker Houghton’s dividend payout ratio (DPR) is -414.29%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of KWR. Aster Capital Management DIFC Ltd acquired a new stake in Quaker Houghton in the third quarter worth $28,000. TD Waterhouse Canada Inc. bought a new stake in shares of Quaker Houghton in the 2nd quarter valued at $30,000. EverSource Wealth Advisors LLC raised its stake in Quaker Houghton by 284.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock worth $34,000 after buying an additional 225 shares during the period. Smartleaf Asset Management LLC raised its stake in Quaker Houghton by 87.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 348 shares of the specialty chemicals company’s stock worth $46,000 after buying an additional 162 shares during the period. Finally, Danske Bank A S bought a new position in Quaker Houghton during the third quarter worth about $66,000. Institutional investors and hedge funds own 77.46% of the company’s stock.

Quaker Houghton Company Profile

Quaker Houghton is a global provider of process fluids, chemical specialties and sustainable solutions for industrial applications. The company develops and supplies metalworking fluids, coatings, and corrosion inhibitors, as well as heat transfer, lubrication and additive products designed to improve productivity and extend equipment life. Its portfolio addresses a range of end markets including automotive, aerospace, defense, energy, mining, agriculture and heavy industry.

The company traces its roots back to the founding of Quaker Chemical Corporation in 1918 and Houghton International in 1865.