Stepan (SCL) Set to Announce Quarterly Earnings on Tuesday

Stepan (NYSE:SCL) will issue its quarterly earnings data before the market opens on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

Stepan (NYSE:SCL) last posted its earnings results on Tuesday, February 20th. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.04). Stepan had a net margin of 1.73% and a return on equity of 4.20%. The business had revenue of $532.13 million for the quarter, compared to analysts’ expectations of $534.48 million. During the same period last year, the firm posted $0.59 earnings per share. Stepan’s quarterly revenue was down 15.2% on a year-over-year basis. On average, analysts expect Stepan to post $3 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Stepan Stock Performance

Shares of SCL stock opened at $84.75 on Tuesday. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.33. The stock has a fifty day moving average of $87.85 and a 200 day moving average of $85.41. The firm has a market capitalization of $1.90 billion, a price-to-earnings ratio of 48.43 and a beta of 0.83. Stepan has a 52 week low of $63.60 and a 52 week high of $100.61.

Stepan Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Thursday, February 29th. Stepan’s payout ratio is 85.71%.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Stepan from a “sell” rating to a “hold” rating in a report on Tuesday, March 26th.

Insider Transactions at Stepan

In other news, Director F Quinn Stepan, Jr. sold 2,000 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $87.43, for a total value of $174,860.00. Following the completion of the transaction, the director now owns 250,676 shares in the company, valued at $21,916,602.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director F Quinn Stepan, Jr. sold 3,637 shares of Stepan stock in a transaction on Monday, February 26th. The stock was sold at an average price of $90.11, for a total value of $327,730.07. Following the completion of the sale, the director now owns 255,567 shares of the company’s stock, valued at $23,029,142.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director F Quinn Stepan, Jr. sold 2,000 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $87.43, for a total value of $174,860.00. Following the completion of the transaction, the director now directly owns 250,676 shares in the company, valued at approximately $21,916,602.68. The disclosure for this sale can be found here. Insiders sold a total of 10,637 shares of company stock valued at $957,940 in the last quarter. 7.00% of the stock is owned by insiders.

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.