PQ Group Holdings Inc. Forecasted to Post Q3 2017 Earnings of $0.09 Per Share (PQG)

PQ Group Holdings Inc. (NYSE:PQG) – Analysts at Jefferies Group issued their Q3 2017 earnings per share estimates for shares of PQ Group Holdings in a note issued to investors on Tuesday. Jefferies Group analyst L. Alexander forecasts that the company will post earnings of $0.09 per share for the quarter. Jefferies Group has a “Buy” rating and a $23.00 price objective on the stock. Jefferies Group also issued estimates for PQ Group Holdings’ Q4 2017 earnings at $0.00 EPS, FY2017 earnings at $0.40 EPS, Q1 2018 earnings at $0.17 EPS, Q2 2018 earnings at $0.41 EPS, Q3 2018 earnings at $0.44 EPS, Q4 2018 earnings at $0.28 EPS, FY2018 earnings at $1.30 EPS, FY2019 earnings at $1.65 EPS and FY2020 earnings at $1.90 EPS.

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Several other brokerages have also weighed in on PQG. Evercore ISI began coverage on PQ Group Holdings in a research report on Tuesday. They set an “outperform” rating and a $19.50 price target for the company. Morgan Stanley began coverage on PQ Group Holdings in a research note on Tuesday. They issued an “equal weight” rating and a $19.00 price target on the stock. Nomura began coverage on shares of PQ Group Holdings in a research report on Tuesday. They issued a “buy” rating and a $20.00 price objective for the company. Credit Suisse Group initiated coverage on shares of PQ Group Holdings in a research report on Tuesday. They issued an “outperform” rating and a $21.00 price objective for the company. Finally, KeyCorp initiated coverage on shares of PQ Group Holdings in a research note on Tuesday. They issued an “overweight” rating and a $21.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. PQ Group Holdings presently has an average rating of “Buy” and an average target price of $19.85.

PQ Group Holdings (NYSE:PQG) opened at 16.92 on Thursday. The stock’s market cap is $2.29 billion. The company’s 50-day moving average price is $17.13 and its 200-day moving average price is $17.13. PQ Group Holdings has a 12-month low of $15.89 and a 12-month high of $17.65.

PQ Group Holdings Company Profile

PQ Group Holdings Inc is a global provider of catalysts, specialty materials, chemicals and services that enable environmental improvements. The Company’s products and solutions help companies produce vehicles with fuel efficiency. The Company has developed zeolite-based catalysts to reduce pollutants in diesel engines.

Earnings History and Estimates for PQ Group Holdings (NYSE:PQG)

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