W. R. Grace & Co (NYSE:GRA) is scheduled to post its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect W. R. Grace & Co to post earnings of $0.89 per share for the quarter. W. R. Grace & Co has set its FY 2019 guidance at $4.53-4.63 EPS and its FY19 guidance at $4.53-4.63 EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
W. R. Grace & Co (NYSE:GRA) last released its earnings results on Thursday, February 7th. The specialty chemicals company reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.11. W. R. Grace & Co had a return on equity of 95.91% and a net margin of 8.67%. The business had revenue of $520.00 million for the quarter, compared to the consensus estimate of $498.24 million. During the same period last year, the business earned $0.98 earnings per share. The firm’s revenue for the quarter was up 13.2% compared to the same quarter last year. On average, analysts expect W. R. Grace & Co to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
GRA stock opened at $76.48 on Wednesday. W. R. Grace & Co has a twelve month low of $59.22 and a twelve month high of $78.93. The stock has a market cap of $5.11 billion, a P/E ratio of 18.47, a PEG ratio of 1.40 and a beta of 1.06. The company has a debt-to-equity ratio of 5.82, a quick ratio of 1.12 and a current ratio of 1.67.
A number of equities research analysts recently weighed in on the company. Berenberg Bank assumed coverage on W. R. Grace & Co in a research report on Thursday, March 21st. They set a “buy” rating and a $95.00 target price on the stock. Zacks Investment Research downgraded W. R. Grace & Co from a “buy” rating to a “hold” rating in a research report on Friday, January 18th. Loop Capital set a $89.00 target price on W. R. Grace & Co and gave the stock a “buy” rating in a research report on Friday, January 11th. National Bank Financial reaffirmed an “outperform” rating on shares of W. R. Grace & Co in a report on Monday, January 14th. Finally, ValuEngine raised W. R. Grace & Co from a “sell” rating to a “hold” rating in a report on Tuesday, December 25th. One analyst has rated the stock with a hold rating and eleven have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $84.70.
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W. R. Grace & Co Company Profile
W. R. Grace & Co produces and sells specialty chemicals and materials worldwide. It operates through two segments, Grace Catalysts Technologies and Grace Materials Technologies. The Grace Catalysts Technologies segment offers fluid catalytic cracking (FCC) catalysts for the production of transportation fuels, such as gasoline and diesel fuels, and petrochemicals; FCC additives; and methanol-to-olefins catalysts for the conversion of methanol into petrochemical feeds, including ethylene and propylene.
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