Valhi (NYSE:VHI) released its earnings results on Thursday. The basic materials company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.20, Fidelity Earnings reports. Valhi had a net margin of 14.44% and a return on equity of 235.99%. The firm had revenue of $455.20 million during the quarter.
VHI stock traded down $0.03 during trading on Friday, hitting $2.10. 256,486 shares of the company’s stock traded hands, compared to its average volume of 202,823. The company has a debt-to-equity ratio of 5.23, a current ratio of 3.76 and a quick ratio of 2.64. Valhi has a 52 week low of $1.95 and a 52 week high of $9.24. The firm has a market cap of $736.03 million, a price-to-earnings ratio of 2.82 and a beta of 2.54.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Shareholders of record on Tuesday, December 4th will be paid a dividend of $0.02 per share. The ex-dividend date of this dividend is Monday, December 3rd. This represents a $0.08 annualized dividend and a yield of 3.81%.
Several research firms have weighed in on VHI. ValuEngine lowered shares of Valhi from a “buy” rating to a “hold” rating in a research note on Monday, July 16th. TheStreet lowered shares of Valhi from a “b-” rating to a “c” rating in a research note on Friday, August 24th.
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Valhi Company Profile
Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.
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