Quaker Houghton (NYSE:KWR) Rating Lowered to Hold at Wall Street Zen

Quaker Houghton (NYSE:KWR) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Sunday.

KWR has been the subject of several other reports. Jefferies Financial Group decreased their target price on shares of Quaker Houghton from $203.00 to $175.00 and set a “buy” rating for the company in a research report on Monday, April 6th. Royal Bank Of Canada decreased their target price on shares of Quaker Houghton from $190.00 to $184.00 and set an “outperform” rating for the company in a research report on Wednesday, February 25th. Three research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Quaker Houghton currently has a consensus rating of “Hold” and a consensus price target of $179.50.

Quaker Houghton Stock Performance

Shares of Quaker Houghton stock opened at $127.29 on Friday. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.72 and a current ratio of 2.42. The firm has a market cap of $2.21 billion, a PE ratio of -1,060.64, a price-to-earnings-growth ratio of 0.78 and a beta of 1.43. Quaker Houghton has a 1 year low of $98.25 and a 1 year high of $183.01. The firm’s 50-day simple moving average is $142.87 and its 200-day simple moving average is $140.31.

Quaker Houghton (NYSE:KWR) last posted its earnings results on Monday, February 23rd. The specialty chemicals company reported $1.65 EPS for the quarter, missing the consensus estimate of $1.71 by ($0.06). The business had revenue of $468.48 million during the quarter, compared to the consensus estimate of $465.17 million. Quaker Houghton had a positive return on equity of 8.99% and a negative net margin of 0.13%.The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.33 earnings per share. Equities analysts forecast that Quaker Houghton will post 7.75 earnings per share for the current fiscal year.

Institutional Trading of Quaker Houghton

Several large investors have recently modified their holdings of the company. CWM LLC increased its stake in shares of Quaker Houghton by 1.8% in the fourth quarter. CWM LLC now owns 4,226 shares of the specialty chemicals company’s stock worth $580,000 after purchasing an additional 73 shares during the period. GAMMA Investing LLC lifted its position in shares of Quaker Houghton by 7.9% during the 4th quarter. GAMMA Investing LLC now owns 1,021 shares of the specialty chemicals company’s stock worth $140,000 after purchasing an additional 75 shares during the last quarter. State of Alaska Department of Revenue lifted its position in shares of Quaker Houghton by 1.3% during the 4th quarter. State of Alaska Department of Revenue now owns 7,782 shares of the specialty chemicals company’s stock worth $1,067,000 after purchasing an additional 99 shares during the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Quaker Houghton by 7.1% during the 1st quarter. Integrated Wealth Concepts LLC now owns 1,650 shares of the specialty chemicals company’s stock worth $204,000 after purchasing an additional 109 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of Quaker Houghton by 1.4% during the 4th quarter. LPL Financial LLC now owns 8,105 shares of the specialty chemicals company’s stock worth $1,113,000 after purchasing an additional 114 shares during the last quarter. 77.46% of the stock is owned by institutional investors.

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.