Media headlines about Quaker Chemical (NYSE:KWR) have trended somewhat positive on Friday, Accern reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Quaker Chemical earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned media stories about the specialty chemicals company an impact score of 45.9623770190155 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Quaker Chemical To Participate In NYSE Investor Access Day (finance.yahoo.com)
- Quaker Chemical To Participate In Seaport Global Chemicals & Basic Materials Conference (prnewswire.com)
- A Look At Quaker Chemical Corporation’s (NYSE:KWR) Exceptional Fundamentals (finance.yahoo.com)
- Quaker Chemical To Participate In Seaport Global Chemicals & Basic Materials Conference (finance.yahoo.com)
- Field Proven Metalworking Fluids for Todays Machining Challenges (bizjournals.com)
KWR stock opened at $183.71 on Friday. The company has a market capitalization of $2.43 billion, a P/E ratio of 36.67, a P/E/G ratio of 2.80 and a beta of 1.35. The company has a quick ratio of 2.15, a current ratio of 2.78 and a debt-to-equity ratio of 0.14. Quaker Chemical has a 52 week low of $135.62 and a 52 week high of $184.39.
Quaker Chemical (NYSE:KWR) last released its earnings results on Monday, July 30th. The specialty chemicals company reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.13. The company had revenue of $221.96 million during the quarter, compared to analysts’ expectations of $214.72 million. Quaker Chemical had a net margin of 3.89% and a return on equity of 17.27%. Quaker Chemical’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the business earned $1.24 EPS. equities research analysts forecast that Quaker Chemical will post 5.93 EPS for the current fiscal year.
A number of research analysts have recently issued reports on KWR shares. Zacks Investment Research raised shares of Quaker Chemical from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 2nd. Janney Montgomery Scott started coverage on shares of Quaker Chemical in a research report on Friday, July 13th. They issued a “neutral” rating and a $170.00 price objective on the stock. TheStreet raised shares of Quaker Chemical from a “c+” rating to a “b” rating in a research report on Tuesday, May 15th. Finally, B. Riley set a $170.00 price objective on shares of Quaker Chemical and gave the stock a “hold” rating in a research report on Tuesday, July 31st. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $168.40.
In related news, VP L Wilbert Platzer sold 1,957 shares of Quaker Chemical stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $177.76, for a total value of $347,876.32. Following the completion of the sale, the vice president now directly owns 6,927 shares in the company, valued at approximately $1,231,343.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Donald R. Caldwell sold 521 shares of Quaker Chemical stock in a transaction that occurred on Wednesday, August 29th. The stock was sold at an average price of $177.24, for a total transaction of $92,342.04. Following the completion of the sale, the director now owns 5,345 shares of the company’s stock, valued at $947,347.80. The disclosure for this sale can be found here. Insiders sold a total of 7,520 shares of company stock valued at $1,295,774 over the last quarter. 3.20% of the stock is owned by company insiders.
Quaker Chemical Company Profile
Quaker Chemical Corporation develops, produces, and markets various formulated chemical specialty products for a range of heavy industrial and manufacturing applications in North America, Europe, the Middle East, Africa, the Asia/Pacific, and South America. Its products include rolling lubricants used by manufacturers of steel in the hot and cold rolling of steel, and aluminum in the hot rolling of aluminum; machining and grinding compounds for use in cutting, shaping, and grinding metal parts; hydraulic fluids for steel, metalworking, and other customers to operate hydraulic equipment; corrosion preventives to protect metals during manufacture, storage, and shipment; and specialty greases used in automotive and aerospace production processes, steel manufacturing, and various other applications.
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