Analysts See $1.10 EPS for Stepan Company (SCL)

September 17, 2017 - By Kurt Siggers

 Analysts See $1.10 EPS for Stepan Company (SCL)
Investors sentiment decreased to 0.81 in 2016 Q4. Its down 0.94, from 1.75 in 2016Q3. It worsened, as 15 investors sold Stepan Company shares while 73 reduced holdings. 24 funds opened positions while 47 raised stakes. 13.59 million shares or 0.02% less from 13.59 million shares in 2016Q3 were reported.
Goldman Sachs invested in 0% or 88,023 shares. 32,374 are owned by State Common Retirement Fund. Contravisory Investment holds 0.09% of its portfolio in Stepan Company (NYSE:SCL) for 3,164 shares. Suntrust Banks owns 3,297 shares. Franklin Res holds 0.01% of its portfolio in Stepan Company (NYSE:SCL) for 167,410 shares. Public Sector Pension Invest Board holds 0.01% of its portfolio in Stepan Company (NYSE:SCL) for 13,723 shares. Boston Advsrs Limited Liability accumulated 7,775 shares or 0.02% of the stock. Thrivent Fin For Lutherans holds 0% or 10,390 shares in its portfolio. Tower Rech Cap Ltd Liability (Trc) stated it has 734 shares or 0.01% of all its holdings. Rhumbline Advisers reported 34,225 shares. Globeflex Capital Ltd Partnership reported 8,363 shares stake. Da Davidson owns 400 shares or 0% of their US portfolio. Bowling Port Limited owns 9,168 shares or 0.11% of their US portfolio. Commercial Bank Of New York Mellon invested in 377,935 shares or 0.01% of the stock. Barrow Hanley Mewhinney Strauss holds 0.01% or 66,260 shares.

Since March 16, 2017, it had 0 insider purchases, and 4 selling transactions for $2.72 million activity. STEPAN F QUINN JR had sold 9,619 shares worth $820,683. The insider Behrens Scott R. sold 664 shares worth $52,429. The insider Mergner Arthur W sold 2,500 shares worth $211,980.

Wall Street await Stepan Company (NYSE:SCL) to release earnings on October, 17. Analysts forecast EPS of $1.10, up exactly $0.04 or 3.77 % from 2014’s $1.06 EPS. The expected SCL’s profit could reach $24.78M giving the stock 18.36 P/E in the case that $1.10 earnings per share is reported. After posting $1.32 EPS for the previous quarter, Stepan Company’s analysts now forecast -16.67 % negative EPS growth. The stock increased 0.80% or $0.64 on September 15, reaching $80.79. About 154,495 shares traded or 109.25% up from the average. Stepan Company (NYSE:SCL) has risen 47.84% since September 17, 2016 and is uptrending. It has outperformed by 31.14% the S&P500.

Stepan Company (NYSE:SCL) Ratings Coverage

Among 7 analysts covering Stepan Co (NYSE:SCL), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Stepan Co had 11 analyst reports since August 26, 2015 according to SRatingsIntel. The stock of Stepan Company (NYSE:SCL) earned “Neutral” rating by Seaport Global on Wednesday, August 24. National Bank Canada upgraded the shares of SCL in report on Monday, August 15 to “Outperform” rating. The company was upgraded on Monday, May 29 by Industrial Alliance Securities. The stock of Stepan Company (NYSE:SCL) earned “Hold” rating by KeyBanc Capital Markets on Friday, September 1.

Stepan Company produces specialty and intermediate chemicals, which are sold to other manufacturers and used in a range of end products. The company has market cap of $1.82 billion. The Firm operates through three divisions: Surfactants, Polymers and Specialty Products. It has a 20.81 P/E ratio. The Company’s principal markets include manufacturers of cleaning and washing compounds , paints, cosmetics, food, beverages, nutritional supplements, agricultural products and plastics.

More news for Stepan Company (NYSE:SCL) were recently published by: Nasdaq.com, which released: “Stepan Company (SCL) Ex-Dividend Date Scheduled for August 29, 2017” on August 28, 2017. Seekingalpha.com‘s article titled: “Stepan Company: An Unknown Opportunity” and published on May 15, 2017 is yet another important article.

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