KWR - Quaker Chemical Corporation: Expects 2024 Earnings Growth Stock Repurchases And Cheap

2024-03-16 10:53:13 ET

Summary

• Quaker Chemical Corporation reports earnings growth for 2024 and continues to invest in clean energy.
• The company's diversified business model and wide range of products serve multiple industries.
• The company appears to be successful in implementing value-based pricing initiatives mainly in the Americas region.

Quaker Chemical Corporation ( KWR ) recently delivered better than expected EPS , 3.97% dividend growth , announced earnings growth for 2024, and continues to deliver investments in clean energy. With a well-diversified business model offering many products to clients in many sectors, KWR recently reported ongoing restructuring efforts, which will most likely bring further FCF margin and Adjusted EBITDA margin growth. In addition, I believe that we may see new stock demand coming thanks to the new stock repurchase agreement. There are several risks with regard to business cycles, inflation, and the effects of competition. However, KWR does trade quite cheaply right now.

Quaker Reports A Diversified Business Model

Created in 1918, Quaker presents itself as a chemical company. Clients purchase different compounds and liquids including metalworking fluids, lubricants, cleaners, forging fluids, and hydraulic fluids. I believe that the number of different products and industries served is an asset for the company. I would expect lower net sales growth volatility than peers targeting more niche markets....

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