$0.87 EPS Expected for KMG Chemicals, Inc. (KMG)

May 17, 2018 - By Jimmy Baldridge

KMG Chemicals, Inc. (NYSE:KMG) LogoInvestors sentiment increased to 1.65 in Q4 2017. Its up 0.70, from 0.95 in 2017Q3. It increased, as 21 investors sold KMG Chemicals, Inc. shares while 30 reduced holdings. 35 funds opened positions while 49 raised stakes. 11.87 million shares or 40.19% more from 8.47 million shares in 2017Q3 were reported.
Principal Financial invested 0.02% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). California State Teachers Retirement accumulated 0% or 20,648 shares. Parametric Port Associates Lc holds 36,609 shares. Brinker Inc has 4,115 shares for 0.01% of their portfolio. Ativo Capital Mgmt Ltd Liability Co holds 0.35% or 20,006 shares in its portfolio. Alliancebernstein Ltd Partnership stated it has 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Credit Suisse Ag holds 13,679 shares or 0% of its portfolio. Moreover, Ny State Common Retirement Fund has 0% invested in KMG Chemicals, Inc. (NYSE:KMG) for 40,334 shares. Deutsche Natl Bank Ag owns 232,239 shares. The Minnesota-based Ameriprise has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Fny Managed Accounts Ltd Liability holds 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG) for 50 shares. First Quadrant Limited Partnership Ca, a California-based fund reported 718 shares. Bard holds 1.81% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG) for 57,120 shares. 4,913 were accumulated by Voya Mgmt Ltd Liability Corp. Panagora Asset Mngmt Inc has invested 0.01% in KMG Chemicals, Inc. (NYSE:KMG).

Since December 11, 2017, it had 0 buys, and 15 sales for $28.06 million activity. GONSER CHRISTOPHER W had sold 6,000 shares worth $396,000 on Friday, March 9.

Analysts expect KMG Chemicals, Inc. (NYSE:KMG) to report $0.87 EPS on June, 8.They anticipate $0.34 EPS change or 64.15 % from last quarter’s $0.53 EPS. KMG’s profit would be $13.49 million giving it 19.65 P/E if the $0.87 EPS is correct. After having $1.04 EPS previously, KMG Chemicals, Inc.’s analysts see -16.35 % EPS growth. The stock increased 3.57% or $2.36 during the last trading session, reaching $68.38. About 123,920 shares traded or 6.56% up from the average. KMG Chemicals, Inc. (NYSE:KMG) has risen 41.92% since May 18, 2017 and is uptrending. It has outperformed by 30.37% the S&P500.

KMG Chemicals, Inc. (NYSE:KMG) Ratings Coverage

Among 3 analysts covering KMG Chemicals (NYSE:KMG), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. KMG Chemicals had 4 analyst reports since November 21, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, December 13 by KeyBanc Capital Markets. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Buy” rating by Seaport Global on Thursday, February 22.

KMG Chemicals, Inc., through its subsidiaries, makes, formulates, and distributes specialty chemicals and performance materials worldwide. The company has market cap of $1.06 billion. The company's Electronic Chemicals segment is involved in the sale of high purity process chemicals primarily to etch and clean silicon wafers in the production of semiconductors, photovoltaics, and flat panel displays. It has a 21.43 P/E ratio. This segment's products include sulfuric, phosphoric, and nitric and hydrofluoric acids; ammonium hydroxide; hydrogen peroxide; isopropyl alcohol; other specialty organic solvents; and various blends of chemicals.

KMG Chemicals, Inc. (NYSE:KMG) Institutional Positions Chart

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