Stepan (SCL) Scheduled to Post Quarterly Earnings on Wednesday
Stepan (NYSE:SCL) will release its earnings data before the market opens on Wednesday, October 24th. Analysts expect Stepan to post earnings of $1.04 per share for the quarter.
Stepan (NYSE:SCL) last announced its quarterly earnings data on Wednesday, July 25th. The basic materials company reported $1.38 EPS for the quarter, meeting analysts’ consensus estimates of $1.38. Stepan had a net margin of 4.82% and a return on equity of 14.63%. The company had revenue of $519.90 million during the quarter, compared to the consensus estimate of $519.90 million. During the same quarter last year, the firm posted $1.32 EPS. The company’s quarterly revenue was up 5.0% on a year-over-year basis. On average, analysts expect Stepan to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.
Shares of SCL opened at $87.12 on Wednesday. Stepan has a one year low of $68.09 and a one year high of $90.96. The stock has a market capitalization of $1.96 billion, a PE ratio of 18.60 and a beta of 1.20. The company has a quick ratio of 1.94, a current ratio of 2.55 and a debt-to-equity ratio of 0.34.
In related news, Director F Quinn Stepan sold 3,433 shares of Stepan stock in a transaction dated Tuesday, July 31st. The shares were sold at an average price of $87.59, for a total transaction of $300,696.47. Following the completion of the sale, the director now owns 275,574 shares of the company’s stock, valued at approximately $24,137,526.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Frank Pacholec sold 2,000 shares of Stepan stock in a transaction dated Wednesday, August 8th. The stock was sold at an average price of $88.55, for a total transaction of $177,100.00. Following the sale, the vice president now directly owns 38,306 shares of the company’s stock, valued at approximately $3,391,996.30. The disclosure for this sale can be found here. Insiders have sold a total of 6,657 shares of company stock valued at $585,944 in the last ninety days. 12.60% of the stock is currently owned by insiders.
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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