Stepan (NYSE:SCL) will be issuing its quarterly earnings data before the market opens on Tuesday, April 24th. Analysts expect the company to announce earnings of $1.29 per share for the quarter.
Stepan (NYSE:SCL) last announced its quarterly earnings data on Thursday, February 22nd. The basic materials company reported $1.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.67 by $0.39. The company had revenue of $473.82 million during the quarter, compared to the consensus estimate of $457.95 million. Stepan had a return on equity of 15.20% and a net margin of 4.76%. The firm’s revenue was up 12.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 EPS. On average, analysts expect Stepan to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
Shares of NYSE:SCL opened at $87.62 on Tuesday. The company has a market cap of $1,935.31, a P/E ratio of 18.84 and a beta of 1.09. The company has a quick ratio of 1.92, a current ratio of 2.46 and a debt-to-equity ratio of 0.36. Stepan has a 12-month low of $68.75 and a 12-month high of $92.97.
SCL has been the subject of a number of recent research reports. Zacks Investment Research upgraded Stepan from a “sell” rating to a “hold” rating in a research note on Wednesday, February 28th. ValuEngine upgraded Stepan from a “hold” rating to a “buy” rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $35.60.
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Stepan Company, together with its subsidiaries, produces and sells specialty and intermediate chemicals to other manufacturers for use in various end products worldwide. The company operates through three segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers surfactants that are used as principal ingredients in consumer and industrial cleaning 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, and lubricating ingredients.
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