Stepan Company (NYSE:SCL) currently has a daily average trading volume of 112.08K but it saw 1094237 shares traded on Wednesday. With a market cap of 2.16B USD, stock’s current market price of $96.73 came falling about -0.32 while comparing to the previous closing price of $97.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $116.72 and as low as $87.11. In the recent trading on the day, stock has struck highest price mark of $97.65 while lowest mark touched by it was $95.33.
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Taking a look at 20-day trading activity of Stepan Company (SCL) gives us an average price of $91.40, while its current price level is -17.13% below from 52-week high level whereas it is 11.04% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $95.89 while that of 200 days or SMA-200 reads an average of $102.86. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.34% during that period while stretching the period over a month that decreases to 2.55%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.31 which implies that the stock is in neutral territory.
Stepan Company (SCL)’s stock is currently under the radar of 3 analysts who are in consensus at a 12-month price target range of between $124.00 and $124.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $124.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $124.00. Average price target assigned by them is $124.00 which highlights an upside potential of 21.99% for the stock over that period. And to attain the median price target of $124.00 assigned by those analysts, stock has to add about 21.99% of value to its current levels.
Data by FactSet Research shows that 3 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 2 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, SCL’s stock price is moving 6.66% up while it is 6.87% when we observe its performance for the past one month. Year-to-date it is -9.14% down and over the past year, the stock is showing a downside performance of -9.61%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.71 beaten by the consensus estimate of $0.94 for the same. The company is expected to be releasing its next quarterly report in 07/26/2023, for which analysts forecasted an EPS of $1.25 while estimate for next year EPS is $4.58. For SCL, analysts are forecasting an EPS-growth rate of -31.10% for current year and estimate for EPS growth in next year is 37.30%. In next quarter, company is expected to be making quarterly sales of $697.47 million as analysts are expecting the sales for current fiscal year at $2.66 billion and seeing the company making $2.74 billion in sales next year. Moreover, analysts are in estimates of $679.9 million for current-quarter revenue.
Currently, Stepan Company’s total number of outstanding shares is 22.76M with 3.76% of that held by the insiders while 79.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 9.50% and return on equity (ROE) at 10.30%. It has a price to earnings ratio (P/E ratio) of 18.80 while having a 15.37 of forward P/E ratio. Stock’s beta reads 0.83. Stock has a price to book (P/B) ratio of 1.85 while price to sale or P/S ratio amounts to 0.79. Its return on asset (ROA) is 5.00% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.14% in the Stepan Company (SCL) decreasing its stake to 6.88% with control over 2142.0 shares in the company. As per SEC documents, iShares Core S&P Small Cap ETF shunned 1,529,952 of company’s common stock of worth $141.06 million as per recent closing price of the stock. iShares Core S&P Small Cap ETF is not the only institutional holder which restructured its stake in Stepan Company, as SPDR S&P Dividend ETF dumped 1,017,229 shares of worth $93.79 million to bring its holdings to a total of 837.0 shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.06% in the company and now holds 0.66 million or 2.96% of the company’s stake having worth of about 60.72 million.
