Stepan Co (NYSE: SCL) has reported E.P.S. of $0.61 for its first fiscal quarter (ending March 31) versus $0.71 for the same period a year ago — a decline of -14%. Relative to the consensus estimate of $0.95, this was a shortfall of $-0.34. For the latest four quarters through March 31, E.P.S. were $1.67 compared to $5.21 a year ago — a decline of -68%.
Recent Price Action
Stepan Co (NYSE: SCL) stock declined modestly by -1.8% on 4/30/24. The stock closed at $82.99. Moreover, unusually high trading volume at 180% of normal accompanied the decline. The stock has been strong relative to the market over the last nine months but has declined -2.1% during the last week.
Current PriceTarget Research Rating
SCL is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Stepan has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Stepan has a neutral Power Rating of 48 and a slightly negative Appreciation Score of 39, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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