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

Shares of Quaker Houghton (NYSE:KWR) have been assigned an average recommendation of “Hold” from the six analysts that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $152.3333.

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

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Aster Capital Management DIFC Ltd acquired a new stake in Quaker Houghton in the 3rd quarter valued at approximately $28,000. TD Waterhouse Canada Inc. bought a new position in shares of Quaker Houghton during the 2nd quarter worth approximately $30,000. EverSource Wealth Advisors LLC raised its holdings in shares of Quaker Houghton by 284.8% in the second quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock valued at $34,000 after purchasing an additional 225 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in shares of Quaker Houghton by 87.1% in the third quarter. Smartleaf Asset Management LLC now owns 348 shares of the specialty chemicals company’s stock worth $46,000 after purchasing an additional 162 shares in the last quarter. Finally, Danske Bank A S acquired a new position in Quaker Houghton during the third quarter worth $66,000. 77.46% of the stock is currently owned by institutional investors.

Quaker Houghton Trading Down 1.4%

Shares of NYSE KWR opened at $137.05 on Friday. Quaker Houghton has a twelve month low of $95.91 and a twelve month high of $148.80. The stock has a market cap of $2.38 billion, a price-to-earnings ratio of -279.69, a P/E/G ratio of 1.55 and a beta of 1.33. The company has a quick ratio of 1.77, a current ratio of 2.47 and a debt-to-equity ratio of 0.61. The company’s fifty day moving average is $136.56 and its 200-day moving average is $132.01.

Quaker Houghton (NYSE:KWR) last issued its quarterly earnings data on Thursday, October 30th. The specialty chemicals company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.94 by $0.14. Quaker Houghton had a positive return on equity of 8.64% and a negative net margin of 0.48%.The business had revenue of $493.84 million for the quarter, compared to the consensus estimate of $475.06 million. During the same quarter last year, the business posted $1.89 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Equities research analysts predict that Quaker Houghton will post 7.75 EPS for the current year.

Quaker Houghton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be paid a $0.508 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.03 annualized dividend and a dividend yield of 1.5%. Quaker Houghton’s dividend payout ratio (DPR) is currently -414.29%.

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.