Valhi (NYSE:VHI – Get Free Report) issued its quarterly earnings results on Thursday. The basic materials company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.21, FiscalAI reports. The firm had revenue of $589.00 million during the quarter, compared to the consensus estimate of $605.66 million. Valhi had a negative return on equity of 2.77% and a negative net margin of 2.36%.
Valhi Price Performance
VHI stock traded up $1.95 during mid-day trading on Friday, hitting $16.24. 15,655 shares of the stock were exchanged, compared to its average volume of 7,974. The company has a debt-to-equity ratio of 0.42, a current ratio of 3.37 and a quick ratio of 1.90. The business has a fifty day moving average price of $15.83 and a 200 day moving average price of $14.76. Valhi has a 12 month low of $11.44 and a 12 month high of $19.19. The stock has a market capitalization of $459.92 million, a price-to-earnings ratio of 324.86 and a beta of 1.11.
Valhi Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, November 19th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.32 annualized dividend and a yield of 2.0%. Valhi’s payout ratio is -17.88%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on VHI shares. Wall Street Zen raised shares of Valhi from a “buy” rating to a “strong-buy” rating in a research note on Saturday. Weiss Ratings raised shares of Valhi from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, August 17th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the company presently has an average rating of “Sell”.
Get Our Latest Stock Report on Valhi
About Valhi
Valhi, Inc is a diversified holding company with interests in chemicals, component products and other industrial businesses. Its operations are conducted primarily through majority-owned subsidiaries, including Kronos Worldwide, Inc, a global producer and marketer of titanium dioxide pigments used to provide whiteness, brightness and opacity in products such as coatings, plastics, paper and inks.
Through CompX International Inc, Valhi also participates in the component-products industry.
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