Sensient Technologies (SXT) to Release Quarterly Earnings on Friday

Sensient Technologies (NYSE:SXT) is scheduled to be releasing its earnings data before the market opens on Friday, October 25th. Sensient Technologies has set its FY 2024 guidance at 2.770-2.870 EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.

Sensient Technologies (NYSE:SXT) last posted its earnings results on Friday, July 26th. The specialty chemicals company reported $0.77 EPS for the quarter. The firm had revenue of $403.53 million for the quarter. Sensient Technologies had a return on equity of 11.25% and a net margin of 5.83%.

Sensient Technologies Trading Down 0.0 %

Shares of Sensient Technologies stock opened at $77.05 on Thursday. The firm’s 50-day moving average price is $76.39 and its 200 day moving average price is $75.22. The firm has a market capitalization of $3.26 billion, a PE ratio of 35.83 and a beta of 0.75. The company has a current ratio of 4.16, a quick ratio of 1.72 and a debt-to-equity ratio of 0.60. Sensient Technologies has a twelve month low of $55.02 and a twelve month high of $82.99.

Insider Buying and Selling

In related news, Director Gebhardt Deborah Mckeithan sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 14th. The shares were sold at an average price of $71.08, for a total transaction of $142,160.00. Following the completion of the transaction, the director now owns 15,162 shares of the company’s stock, valued at approximately $1,077,714.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.40% of the company’s stock.

Analyst Upgrades and Downgrades

SXT has been the topic of several recent analyst reports. Robert W. Baird increased their target price on Sensient Technologies from $80.00 to $85.00 and gave the company an “outperform” rating in a report on Monday, July 29th. StockNews.com downgraded Sensient Technologies from a “buy” rating to a “hold” rating in a report on Thursday, July 25th.

Sensient Technologies Company Profile

Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.