Quaker Houghton (NYSE:KWR) Given Consensus Rating of “Hold” by Analysts

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

A number of equities analysts have issued reports on KWR shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Quaker Houghton in a report on Wednesday, October 8th. Wall Street Zen raised Quaker Houghton from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Zacks Research raised Quaker Houghton from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. Finally, Royal Bank Of Canada lifted 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.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KWR. GAMMA Investing LLC lifted its stake in Quaker Houghton by 7.9% in the fourth quarter. GAMMA Investing LLC now owns 1,021 shares of the specialty chemicals company’s stock valued at $140,000 after acquiring an additional 75 shares during the last quarter. F m Investments LLC grew its holdings in Quaker Houghton by 0.6% during the second quarter. F m Investments LLC now owns 12,592 shares of the specialty chemicals company’s stock worth $1,410,000 after purchasing an additional 81 shares during the period. Integrated Wealth Concepts LLC increased its position in Quaker Houghton by 7.1% during the first quarter. Integrated Wealth Concepts LLC now owns 1,650 shares of the specialty chemicals company’s stock worth $204,000 after buying an additional 109 shares during the last quarter. Chatham Capital Group Inc. increased its position in Quaker Houghton by 1.1% during the fourth quarter. Chatham Capital Group Inc. now owns 10,844 shares of the specialty chemicals company’s stock worth $1,489,000 after buying an additional 120 shares during the last quarter. Finally, Orion Porfolio Solutions LLC lifted its position in shares of Quaker Houghton by 1.7% in the second quarter. Orion Porfolio Solutions LLC now owns 7,224 shares of the specialty chemicals company’s stock valued at $809,000 after buying an additional 123 shares during the last quarter. Institutional investors and hedge funds own 77.46% of the company’s stock.

Quaker Houghton Price Performance

NYSE KWR opened at $157.94 on Tuesday. 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 has a market cap of $2.74 billion, a price-to-earnings ratio of -322.32, a PEG ratio of 1.48 and a beta of 1.33. The business has a 50 day simple moving average of $140.71 and a 200 day simple moving average of $135.16. Quaker Houghton has a 52-week low of $95.91 and a 52-week high of $162.10.

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

Quaker Houghton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be given a $0.508 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.03 dividend on an annualized basis and a dividend yield of 1.3%. Quaker Houghton’s payout ratio is currently -414.29%.

About Quaker Houghton

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.