Valhi (VHI) Posts Earnings Results, Beats Expectations By $0.20 EPS
Valhi (NYSE:VHI) announced its quarterly earnings data on Thursday. The basic materials company reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.20, Fidelity Earnings reports. The business had revenue of $455.20 million for the quarter. Valhi had a net margin of 14.44% and a return on equity of 235.99%.
Shares of VHI stock traded down $0.03 during trading on Friday, reaching $2.10. The company’s stock had a trading volume of 256,486 shares, compared to its average volume of 202,823. The firm has a market cap of $736.03 million, a PE ratio of 2.82 and a beta of 2.54. Valhi has a one year low of $1.95 and a one year high of $9.24. The company has a quick ratio of 2.64, a current ratio of 3.76 and a debt-to-equity ratio of 5.23.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Tuesday, December 4th will be given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend is Monday, December 3rd.
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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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