Shares of Valhi, Inc. (NYSE:VHI – Get Free Report) saw strong trading volume on Wednesday after Barclays raised their price target on the stock from $11.00 to $20.00. Barclays currently has an underweight rating on the stock. 7,112 shares were traded during mid-day trading, a decline of 46% from the previous session’s volume of 13,114 shares.The stock last traded at $30.81 and had previously closed at $29.51.
Separately, StockNews.com upgraded shares of Valhi from a “buy” rating to a “strong-buy” rating in a research note on Monday, August 12th.
View Our Latest Analysis on VHI
Institutional Investors Weigh In On Valhi
Valhi Stock Performance
The company has a quick ratio of 2.24, a current ratio of 3.49 and a debt-to-equity ratio of 0.39. The stock has a fifty day simple moving average of $24.64 and a 200-day simple moving average of $19.63. The company has a market capitalization of $969.70 million, a P/E ratio of 1,713.25 and a beta of 1.28.
Valhi (NYSE:VHI – Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The basic materials company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.41. The firm had revenue of $559.70 million for the quarter. Valhi had a net margin of 1.27% and a return on equity of 2.02%.
Valhi Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Friday, September 6th were issued a dividend of $0.08 per share. The ex-dividend date was Friday, September 6th. This represents a $0.32 dividend on an annualized basis and a yield of 0.93%. Valhi’s dividend payout ratio is 1,600.00%.
Valhi Company Profile
Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. 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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