News articles about PQ Group (NYSE:PQG) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PQ Group earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 49.6904587869826 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Several research analysts have recently weighed in on the stock. Deutsche Bank reduced their price target on shares of PQ Group from $20.00 to $19.00 and set a “buy” rating for the company in a report on Thursday, November 16th. Evercore ISI started coverage on shares of PQ Group in a research report on Tuesday, October 24th. They issued an “outperform” rating and a $19.50 price objective on the stock. Morgan Stanley started coverage on shares of PQ Group in a research report on Tuesday, October 24th. They issued an “equal weight” rating and a $19.00 price objective on the stock. Nomura started coverage on shares of PQ Group in a research report on Tuesday, October 24th. They issued a “buy” rating and a $20.00 price objective on the stock. Finally, Credit Suisse Group started coverage on shares of PQ Group in a research report on Tuesday, October 24th. They issued an “outperform” rating and a $21.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. PQ Group presently has a consensus rating of “Buy” and a consensus price target of $19.75.
Shares of PQ Group (NYSE:PQG) opened at $16.44 on Friday. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.84 and a quick ratio of 1.04. PQ Group has a 1 year low of $14.65 and a 1 year high of $17.65.
PQ Group (NYSE:PQG) last posted its quarterly earnings results on Monday, November 13th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. The firm had revenue of $391.80 million for the quarter, compared to the consensus estimate of $393.86 million. During the same period last year, the company posted $0.12 earnings per share. The business’s revenue was up 5.9% compared to the same quarter last year. equities research analysts forecast that PQ Group will post 0.48 earnings per share for the current year.
About PQ Group
PQ Group Holdings Inc is a global provider of catalysts, specialty materials, chemicals and services that enable environmental improvements. The Company’s products and solutions help companies produce vehicles with fuel efficiency. The Company has developed zeolite-based catalysts to reduce pollutants in diesel engines.
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