Sensient Technologies (SXT) Scheduled to Post Quarterly Earnings on Friday

Sensient Technologies (NYSE:SXT) will be posting its quarterly earnings results before the market opens on Friday, October 25th. Sensient Technologies has set its FY 2024 guidance at 2.770-2.870 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

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

Sensient Technologies Price Performance

Shares of NYSE SXT opened at $78.65 on Friday. The stock has a market cap of $3.33 billion, a PE ratio of 37.99 and a beta of 0.75. Sensient Technologies has a fifty-two week low of $55.02 and a fifty-two week high of $82.99. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.72 and a current ratio of 4.16. The stock has a fifty day moving average of $76.01 and a 200-day moving average of $74.91.

Sensient Technologies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Monday, August 5th were given a $0.41 dividend. This represents a $1.64 annualized dividend and a dividend yield of 2.09%. The ex-dividend date of this dividend was Monday, August 5th. Sensient Technologies’s dividend payout ratio (DPR) is presently 79.23%.

Insider Activity at Sensient Technologies

In other Sensient Technologies news, Director Gebhardt Deborah Mckeithan sold 2,000 shares of Sensient Technologies stock in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $71.08, for a total transaction of $142,160.00. Following the completion of the sale, the director now owns 15,162 shares of the company’s stock, valued at $1,077,714.96. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.40% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on SXT. Robert W. Baird lifted their price objective on Sensient Technologies from $80.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, July 29th. StockNews.com lowered Sensient Technologies from a “buy” rating to a “hold” rating in a research note 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.