Sensient Technologies (NYSE:SXT) updated its FY20 earnings guidance on Friday. The company provided EPS guidance of $2.60-2.80 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.71. Sensient Technologies also updated its FY 2020
Pre-Market guidance to 2.60-2.80 EPS.
Several equities analysts have recently commented on the company. Stephens assumed coverage on Sensient Technologies in a research note on Thursday, July 9th. They set an overweight rating and a $70.00 price target on the stock. TheStreet upgraded Sensient Technologies from a c rating to a b- rating in a research note on Monday, September 14th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of $65.50.
Shares of SXT stock opened at $63.38 on Friday. Sensient Technologies has a 1-year low of $38.24 and a 1-year high of $66.95. The stock’s 50-day moving average is $58.31 and its 200 day moving average is $51.73. The company has a market cap of $2.68 billion, a P/E ratio of 40.63 and a beta of 1.07. The company has a debt-to-equity ratio of 0.62, a current ratio of 3.46 and a quick ratio of 1.64.
Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, July 17th. The specialty chemicals company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.04. Sensient Technologies had a return on equity of 13.58% and a net margin of 5.06%. The company had revenue of $323.10 million for the quarter, compared to the consensus estimate of $316.90 million. During the same quarter last year, the company earned $0.81 earnings per share. The firm’s revenue for the quarter was down 4.7% compared to the same quarter last year. On average, analysts anticipate that Sensient Technologies will post 2.67 EPS for the current year.
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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