Seaport Global analyst Michael Harrison CFA maintained a Hold rating on Stepan Company (SCL – Research Report) today. The company’s shares closed yesterday at $89.35.
According to TipRanks, Harrison CFA is a 4-star analyst with an average return of 7.9% and a 65.99% success rate. Harrison CFA covers the Basic Materials sector, focusing on stocks such as PPG Industries, Quaker Chemical, and RPM International.
Stepan Company has an analyst consensus of Moderate Buy, with a price target consensus of $104.00.
SCL market cap is currently $2.01B and has a P/E ratio of 54.02.
Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is neutral on the stock. Most recently, in February 2024, Quinn F. Jr. Stepan, a Director at SCL sold 10,000.00 shares for a total of $897,706.63.
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Stepan Company (SCL) Company Description:
Stepan Co. engages in the manufacture and sale of specialty and intermediate chemicals. It operates through the following segments: Surfactants, Polymers, and Specialty Products. The Surfactants segment offers a range of surfactant chemicals such as anionic, cationic, nonionic, and amphoteric surfactants. The Polymers segment produces polyester polyols and phthalic anhydride. The Specialty Products are chemicals used in food, flavoring, nutritional supplement and pharmaceutical applications. The company was founded by Alfred C. Stepan Jr. in 1932 and is headquartered in Northfield, IL.
