Alert: New Earnings Report (7/31/24)-Stepan Co (NYSE: SCL).

out_logo_500#15602.jpg

For its second fiscal quarter (ending June 30), Stepan Co (NYSE: SCL) has reported E.P.S. of $0.42 compared to $0.56 a year ago. For the latest four quarters through June 30, E.P.S. were $1.53 compared to $3.48 a year ago.

Recent Price Action

out_mm#15602.jpg
Stepan Co (NYSE: SCL) stock suffered a large decline of -6.0% on 7/31/24. The stock closed at $84.63. Moreover, this decline was accompanied by exceptionally high trading volume at 367% of normal. The stock has performed in line with the market over the last nine months and has declined -6.2% 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 highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Stepan has a neutral Appreciation Score of 42 and a slightly negative Power Rating of 37, with the Negative Value Trend Rating the result.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*