Quaker Chemical Corp (KWR) Receives $161.00 Consensus PT from Analysts

Quaker Chemical Corp (NYSE:KWR) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $161.00.

Several equities analysts have recently commented on KWR shares. FBR & Co set a $165.00 price target on shares of Quaker Chemical and gave the stock a “hold” rating in a research report on Friday, October 27th. Zacks Investment Research upgraded shares of Quaker Chemical from a “hold” rating to a “buy” rating and set a $171.00 price target for the company in a research report on Wednesday, November 1st. B. Riley restated a “neutral” rating on shares of Quaker Chemical in a research report on Wednesday, November 1st. Finally, ValuEngine lowered shares of Quaker Chemical from a “buy” rating to a “hold” rating in a research report on Friday, December 1st.

Quaker Chemical (NYSE:KWR) traded down $0.28 during trading on Wednesday, hitting $148.32. 35,113 shares of the stock traded hands, compared to its average volume of 61,433. The company has a market capitalization of $1,976.28, a price-to-earnings ratio of 41.78, a P/E/G ratio of 2.39 and a beta of 1.31. The company has a quick ratio of 2.25, a current ratio of 2.83 and a debt-to-equity ratio of 0.16. Quaker Chemical has a fifty-two week low of $126.18 and a fifty-two week high of $165.93.

In related news, Director Mark Douglas sold 1,575 shares of the company’s stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $164.23, for a total value of $258,662.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William Roland Cook sold 2,500 shares of the company’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $160.78, for a total transaction of $401,950.00. Following the completion of the sale, the director now directly owns 7,531 shares of the company’s stock, valued at approximately $1,210,834.18. The disclosure for this sale can be found here. Insiders sold 5,075 shares of company stock valued at $823,362 in the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Hedge funds have recently bought and sold shares of the stock. Flinton Capital Management LLC lifted its holdings in Quaker Chemical by 29.7% in the second quarter. Flinton Capital Management LLC now owns 768 shares of the specialty chemicals company’s stock worth $111,000 after purchasing an additional 176 shares during the period. Advisor Group Inc. lifted its holdings in Quaker Chemical by 15.6% in the second quarter. Advisor Group Inc. now owns 954 shares of the specialty chemicals company’s stock worth $139,000 after purchasing an additional 129 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Quaker Chemical in the second quarter worth about $246,000. Virginia Retirement Systems ET AL acquired a new stake in Quaker Chemical in the third quarter worth about $252,000. Finally, Citadel Advisors LLC acquired a new stake in Quaker Chemical in the third quarter worth about $290,000. 83.39% of the stock is owned by institutional investors and hedge funds.

TRADEMARK VIOLATION WARNING: This report was first published by StockNewsTimes and is owned by of StockNewsTimes. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://stocknewstimes.com/2018/02/17/quaker-chemical-corp-kwr-receives-161-00-consensus-pt-from-analysts.html.

Quaker Chemical Company Profile

Quaker Chemical Corporation is a provider of process fluids, chemical specialties, and technical expertise to a range of industries, including steel, aluminum, mining, aerospace, tube and pipe, cans and others. The Company’s segments include North America, Europe, Middle East and Africa (EMEA), Asia/Pacific and South America.

Receive News & Ratings for Quaker Chemical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaker Chemical and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply