Quaker Houghton (NYSE:KWR) Given Sell (D) Rating at Weiss Ratings

Quaker Houghton (NYSE:KWR)‘s stock had its “sell (d)” rating reaffirmed by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

A number of other research firms also recently weighed in on KWR. Royal Bank Of Canada set a $135.00 price target on shares of Quaker Houghton and gave the stock an “outperform” rating in a research note on Monday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Quaker Houghton in a research note on Wednesday, August 13th. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $150.75.

Quaker Houghton Price Performance

Shares of NYSE:KWR opened at $131.87 on Wednesday. Quaker Houghton has a one year low of $95.91 and a one year high of $180.96. The stock has a fifty day moving average of $135.66 and a 200-day moving average of $120.81. The company has a market capitalization of $2.29 billion, a PE ratio of -306.67, a price-to-earnings-growth ratio of 1.42 and a beta of 1.42. The company has a debt-to-equity ratio of 0.67, a quick ratio of 1.87 and a current ratio of 2.56.

Quaker Houghton (NYSE:KWR) last announced its quarterly earnings data on Thursday, July 31st. The specialty chemicals company reported $1.71 EPS for the quarter, missing analysts’ consensus estimates of $1.82 by ($0.11). The company had revenue of $483.40 million for the quarter, compared to analyst estimates of $463.57 million. Quaker Houghton had a negative net margin of 0.39% and a positive return on equity of 8.35%. Quaker Houghton’s revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $2.13 EPS. As a group, equities analysts anticipate that Quaker Houghton will post 7.75 EPS for the current fiscal year.

Institutional Investors Weigh In On Quaker Houghton

Institutional investors have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. grew its position in Quaker Houghton by 400.0% during the first quarter. First Horizon Advisors Inc. now owns 230 shares of the specialty chemicals company’s stock worth $28,000 after buying an additional 184 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new stake in Quaker Houghton during the second quarter worth about $30,000. EverSource Wealth Advisors LLC grew its position in Quaker Houghton by 284.8% during the second quarter. EverSource Wealth Advisors LLC now owns 304 shares of the specialty chemicals company’s stock worth $34,000 after buying an additional 225 shares in the last quarter. GAMMA Investing LLC lifted its stake in Quaker Houghton by 390.5% during the first quarter. GAMMA Investing LLC now owns 363 shares of the specialty chemicals company’s stock worth $45,000 after purchasing an additional 289 shares during the period. Finally, Fifth Third Bancorp lifted its stake in Quaker Houghton by 119.7% during the first quarter. Fifth Third Bancorp now owns 391 shares of the specialty chemicals company’s stock worth $48,000 after purchasing an additional 213 shares during the period. 77.46% of the stock is owned by institutional investors and hedge funds.

Quaker Houghton Company Profile

Quaker Chemical Corporation, together with its subsidiaries, develops, produces, and markets various formulated specialty chemical products for a range of heavy industrial and manufacturing applications in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die-cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids, and surface treatment chemicals.