Stepan (NYSE:SCL) Issues Earnings Results, Misses Estimates By $0.33 EPS

Stepan (NYSE:SCL) posted its quarterly earnings results on Wednesday. The basic materials company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.45 by ($0.33), Zacks reports. Stepan had a return on equity of 4.56% and a net margin of 2.10%.

Stepan Price Performance

Shares of SCL traded up $0.68 during mid-day trading on Wednesday, hitting $63.17. 19,062 shares of the stock were exchanged, compared to its average volume of 120,546. The company has a market cap of $1.42 billion, a PE ratio of 31.48 and a beta of 0.84. Stepan has a 52-week low of $59.55 and a 52-week high of $94.76. The firm has a 50-day moving average of $64.67 and a two-hundred day moving average of $71.50. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.86 and a current ratio of 1.27.

Analysts Set New Price Targets

Separately, StockNews.com raised Stepan from a “hold” rating to a “buy” rating in a report on Friday, February 7th.

About Stepan

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.