Stepan (NYSE:SCL) Posts Earnings Results

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

Stepan Stock Performance

Shares of Stepan stock traded up $0.68 during trading hours on Wednesday, reaching $63.17. 19,062 shares of the stock traded hands, compared to its average volume of 120,546. Stepan has a one year low of $59.55 and a one year high of $94.76. The company has a quick ratio of 0.86, a current ratio of 1.27 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 31.48 and a beta of 0.84. The company has a 50 day moving average price of $64.67 and a 200 day moving average price of $71.50.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Stepan from a “hold” rating to a “buy” rating in a research note 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.