Workflow
Stepan(SCL)
icon
Search documents
Stepan Company: A 'Moderate Buy' Despite A High Valuation
Seeking Alpha· 2025-02-04 09:32
Core Insights - The article emphasizes the importance of passive income investments that generate returns even when the investor is not actively managing them [1]. Group 1 - The author, Rick, has over 20 years of experience in trading stocks and options, and is recognized by major publications [1]. - Rick's book, "The Financially Independent Millennial," shares his journey to financial independence by age 35, despite a lack of early financial education [1]. - The content aims to simplify complex financial concepts for readers, making it accessible and engaging [1].
Stepan to Announce Fourth Quarter and Full Year 2024 Results on February 19, 2025
Prnewswire· 2025-01-29 12:00
Core Viewpoint - Stepan Company will release its fourth quarter and full year 2024 earnings results on February 19, 2025, followed by a conference call to discuss financial and operational performance [1][2]. Group 1: Earnings Release Details - The earnings results will be available at approximately 7:00 a.m. ET on February 19, 2025 [1]. - A conference call will take place at 9:00 a.m. ET on the same day, hosted by the President and CEO, Luis E. Rojo, and the Interim CFO, Samuel S. Hinrichsen [2]. Group 2: Access Information - Participants can access the call via phone or webcast, with a registration link provided for phone access [3]. - A replay of the conference call will be available shortly after the event on the company's website [3]. Group 3: Company Profile - Stepan Company is a major manufacturer of specialty and intermediate chemicals, particularly known for surfactants used in cleaning and disinfection products, as well as polyurethane polyols for thermal insulation [4]. - The company operates modern production facilities across North and South America, Europe, and Asia [5]. - Stepan's common stock is traded on the New York Stock Exchange under the symbol SCL [5].
Stepan(SCL) - 2024 Q3 - Quarterly Report
2024-11-06 15:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 1-4462 STEPAN COMPANY (Exact name of registrant as specified in its charter) Delaware 36-1823834 (State or other jurisdiction of in ...
Stepan Company: Not A Great Performance, But Good Value
Seeking Alpha· 2024-10-30 11:15
Analyst's Disclosure: I/we have a beneficial long position in the shares of SCL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice ...
Stepan(SCL) - 2024 Q3 - Quarterly Results
2024-10-30 11:00
Exhibit 99.1 1 Stepan Reports Third Quarter 2024 Results Northbrook, Illinois, October 30, 2024 -- Stepan Company (NYSE: SCL) today reported: Third Quarter 2024 Highlights • Reported net income was $23.6 million, up 88% versus prior year. Adjusted net income(1) was $23.7 million, up 61% versus prior year, largely due to higher margins and a lower effective tax rate. The year-over-year change in effective tax rate positively impacted net income by $6.8 million, or $0.30 per diluted share. • EBITDA(2) was $53 ...
Stepan Reports Third Quarter 2024 Results
Prnewswire· 2024-10-30 11:00
NORTHBROOK, Ill., Oct. 30, 2024 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported: Third Quarter 2024 Highlights Reported net income was $23.6 million, up 88% versus prior year. Adjusted net income(1) was $23.7 million, up 61% versus prior year, largely due to higher margins and a lower effective tax rate. The yearover-year change in effective tax rate positively impacted net income by $6.8 million, or $0.30 per diluted share. EBITDA(2) was $53.0 million and Adjusted EBITDA(2) was $53.1 million, up ...
Stepan Increases Quarterly Cash Dividend, Marking the 57th Consecutive Year of Increases
Prnewswire· 2024-10-30 11:00
NORTHBROOK, Ill., Oct. 30, 2024 /PRNewswire/ -- Stepan Company (NYSE: SCL) today reported: The Board of Directors of Stepan Company has approved an increase of $0.01 per share, or 2.7%, on the quarterly cash dividend on the Company's common stock. The dividend of $0.385 per share is payable on December 13, 2024, to common stockholders of record on November 29, 2024. The increase marks the 57th consecutive year in which the quarterly dividend on the Company's common stock has increased. Corporate Profile Ste ...
Stepan Co. (SCL) Reports Next Week: What to Know Ahead of the Release
ZACKS· 2024-10-23 15:08
The market expects Stepan Co. (SCL) to deliver flat earnings compared to the year-ago quarter on lower revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be ...
Red Flag Alert! 3 Growth Stocks to Sell Before They Go to Zero.
Investor Place· 2024-08-09 10:45
Economic Overview - The S&P 500 is currently below its all-time highs, influenced by a disappointing jobs report and fears regarding the U.S. economy's condition, despite expectations of a 0.50% rate reduction by the Federal Reserve [1] - There is a growing concern that companies with poor financials will experience significant declines if market conditions worsen, prompting a focus on the fundamentals of growth stocks [2] Company Performance Analysis Silicom Ltd. (SILC) - Silicom Ltd. experienced a revenue decline from $150.6 million to $124.1 million in 2023, with a net loss of $0.44 per share compared to a profit of $2.73 per share the previous year, marking a 116% drop [5] - Q2 FY2024 results showed further revenue decline from $38.1 million to $14.5 million, with a loss of $0.25 per share compared to a profit of $0.56 per share in the same quarter last year, attributed to excess customer inventory and a slowdown in global demand [6] - The stock is down 34% year-to-date and is considered a candidate for growth stocks to sell [7] Stepan Company (SCL) - Stepan Company reported a 16% year-over-year decrease in net sales in 2023, with operating income falling by 72% and net income decreasing by 73% [9] - Q2 FY2024 results indicated a 10% drop in net sales and a 19% decrease in net income year-over-year, impacted by rising corporate expenses and competitive pressures [10] - Despite analysts rating SCL stock as a buy, the declining financial metrics suggest it may also belong on a sell list [11] Schneider National (SNDR) - Schneider National's FY2023 results showed a 17% decrease in operating revenues and a 51% drop in income from operations, with net income falling by 48% [12] - Q2 FY2024 results revealed a 5% decrease in operating revenue, but a significant 69% contraction in net income due to increased spending [12] - Although Wall Street analysts rate SNDR stock as a consensus buy, the deteriorating financials indicate it may be prudent to consider it for a sell list [13]
Stepan Co. (SCL) Misses Q2 Earnings and Revenue Estimates
ZACKS· 2024-07-31 13:26
Stepan Co. (SCL) came out with quarterly earnings of $0.41 per share, missing the Zacks Consensus Estimate of $0.67 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -38.81%. A quarter ago, it was expected that this specialty chemicals company would post earnings of $0.35 per share when it actually produced earnings of $0.64, delivering a surprise of 82.86%. Stepan Co. Shares have lo ...