FY2025 EPS Estimates for Stepan Lifted by Seaport Res Ptn

Stepan Company (NYSE:SCL) – Seaport Res Ptn raised their FY2025 EPS estimates for shares of Stepan in a note issued to investors on Tuesday, November 11th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings per share of $2.20 for the year, up from their previous forecast of $2.14. The consensus estimate for Stepan’s current full-year earnings is $3.55 per share.

Stepan (NYSE:SCL) last issued its quarterly earnings data on Wednesday, October 29th. The basic materials company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.12. Stepan had a net margin of 1.96% and a return on equity of 3.70%. The company had revenue of $590.28 million for the quarter, compared to analysts’ expectations of $593.65 million. During the same quarter in the previous year, the firm posted $1.03 earnings per share. Stepan’s revenue for the quarter was up 8.0% on a year-over-year basis.

Several other analysts have also weighed in on the stock. Wall Street Zen lowered shares of Stepan from a “buy” rating to a “hold” rating in a research note on Saturday, August 2nd. Weiss Ratings downgraded shares of Stepan from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, November 7th. Finally, Zacks Research upgraded Stepan from a “strong sell” rating to a “hold” rating in a research note on Monday, October 13th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce”.

Stepan Trading Up 1.8%

SCL opened at $44.50 on Friday. Stepan has a twelve month low of $41.82 and a twelve month high of $79.11. The company has a fifty day moving average of $46.63 and a 200-day moving average of $51.38. The stock has a market cap of $1.01 billion, a PE ratio of 22.48 and a beta of 1.00. The company has a quick ratio of 0.86, a current ratio of 1.29 and a debt-to-equity ratio of 0.29.

Stepan Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be paid a dividend of $0.395 per share. This is a boost from Stepan’s previous quarterly dividend of $0.39. The ex-dividend date is Friday, November 28th. This represents a $1.58 annualized dividend and a yield of 3.6%. Stepan’s dividend payout ratio (DPR) is 79.80%.

Institutional Trading of Stepan

Institutional investors and hedge funds have recently made changes to their positions in the company. Principal Financial Group Inc. boosted its holdings in Stepan by 2.7% during the first quarter. Principal Financial Group Inc. now owns 105,341 shares of the basic materials company’s stock worth $5,798,000 after purchasing an additional 2,731 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Stepan by 60.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 6,773 shares of the basic materials company’s stock worth $373,000 after buying an additional 2,560 shares in the last quarter. CWM LLC boosted its stake in shares of Stepan by 10.6% in the 1st quarter. CWM LLC now owns 11,488 shares of the basic materials company’s stock worth $632,000 after buying an additional 1,105 shares during the last quarter. Y Intercept Hong Kong Ltd grew its holdings in shares of Stepan by 11.1% in the first quarter. Y Intercept Hong Kong Ltd now owns 12,434 shares of the basic materials company’s stock valued at $684,000 after acquiring an additional 1,247 shares in the last quarter. Finally, Legato Capital Management LLC increased its position in shares of Stepan by 76.4% during the first quarter. Legato Capital Management LLC now owns 9,292 shares of the basic materials company’s stock valued at $511,000 after acquiring an additional 4,024 shares during the last quarter. Hedge funds and other institutional investors own 82.70% of the company’s stock.

Stepan Company Profile

Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. It operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used in consumer and industrial cleaning and disinfection products, including detergents for washing clothes, dishes, carpets, and floors and walls, as well as shampoos and body washes; and other applications, such as fabric softeners, germicidal quaternary compounds, disinfectants, and lubricating ingredients.