Stepan (NYSE:SCL) is scheduled to announce its earnings results before the market opens on Thursday, February 21st. Analysts expect the company to announce earnings of $0.77 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
NYSE:SCL opened at $90.31 on Thursday. Stepan has a 1 year low of $68.09 and a 1 year high of $90.96. The firm has a market capitalization of $1.96 billion, a PE ratio of 19.42 and a beta of 1.22. The company has a quick ratio of 1.90, a current ratio of 2.49 and a debt-to-equity ratio of 0.34.
In related news, VP Robert Victor Slone sold 517 shares of the firm’s stock in a transaction dated Monday, January 7th. The stock was sold at an average price of $75.17, for a total transaction of $38,862.89. Following the completion of the transaction, the vice president now owns 7,565 shares of the company’s stock, valued at $568,661.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Luis Rojo bought 400 shares of the firm’s stock in a transaction that occurred on Friday, December 14th. The shares were purchased at an average cost of $78.72 per share, with a total value of $31,488.00. Following the purchase, the chief financial officer now directly owns 400 shares of the company’s stock, valued at $31,488. The disclosure for this purchase can be found here. Insiders have sold 4,458 shares of company stock valued at $355,316 in the last ninety days. Company insiders own 12.60% of the company’s stock.
Several research analysts have recently issued reports on SCL shares. ValuEngine raised Stepan from a “hold” rating to a “buy” rating in a research note on Monday, February 4th. Zacks Investment Research raised Stepan from a “hold” rating to a “buy” rating and set a $82.00 price target for the company in a research note on Tuesday, January 1st. Stifel Nicolaus started coverage on Stepan in a research note on Monday, December 10th. They issued a “buy” rating and a $94.00 price target for the company. Seaport Global Securities reissued a “hold” rating and issued a $95.00 price target on shares of Stepan in a research note on Monday, November 5th. Finally, TD Securities reissued a “neutral” rating and issued a $27.00 price target on shares of Stepan in a research note on Wednesday, November 7th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Stepan currently has a consensus rating of “Hold” and a consensus price target of $74.50.
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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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