Sensient Technologies (NYSE:SXT) is scheduled to be posting its quarterly earnings results before the market opens on Friday, July 19th. Analysts expect Sensient Technologies to post earnings of $0.82 per share for the quarter. Sensient Technologies has set its FY 2019 guidance at $3.55-3.55 EPS.
Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Wednesday, May 1st. The specialty chemicals company reported $0.78 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.77 by $0.01. Sensient Technologies had a return on equity of 17.10% and a net margin of 11.03%. The business had revenue of $347.50 million during the quarter, compared to analyst estimates of $348.80 million. During the same period in the previous year, the firm earned $0.89 EPS. Sensient Technologies’s quarterly revenue was down 2.5% compared to the same quarter last year. On average, analysts expect Sensient Technologies to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Shares of SXT opened at $73.20 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 4.18 and a quick ratio of 1.81. The company has a 50 day simple moving average of $72.07. Sensient Technologies has a 52-week low of $51.93 and a 52-week high of $78.40. The firm has a market cap of $3.12 billion, a price-to-earnings ratio of 20.62 and a beta of 1.04.
Several equities analysts recently issued reports on the company. Zacks Investment Research lowered Zynex from a “hold” rating to a “sell” rating in a research report on Saturday, May 4th. TheStreet upgraded Sensient Technologies from a “c+” rating to a “b-” rating in a research note on Tuesday, June 18th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Sensient Technologies currently has a consensus rating of “Buy” and an average target price of $75.00.
In other Sensient Technologies news, VP Thierry Hoang sold 357 shares of the business’s stock in a transaction that occurred on Tuesday, May 7th. The stock was sold at an average price of $72.37, for a total value of $25,836.09. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.75% of the company’s stock.
About Sensient Technologies
Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and fragrances in North America, Europe, the Asia Pacific, and internationally. It operates through three segments: Flavors & Fragrances Group, Color Group, and Asia Pacific Group.
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