Sensient Technologies Corporation (SXT) Earns Daily News Sentiment Rating of 0.22
News headlines about Sensient Technologies Corporation (NYSE:SXT) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Sensient Technologies Corporation earned a daily sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the specialty chemicals company an impact score of 46.2141574374231 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several research firms have commented on SXT. Zacks Investment Research cut shares of Sensient Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, June 22nd. BidaskClub cut shares of Sensient Technologies Corporation from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, KeyCorp reissued a “buy” rating and set a $90.00 target price on shares of Sensient Technologies Corporation in a research report on Thursday, August 24th.
Sensient Technologies Corporation (NYSE SXT) opened at 74.83 on Friday. Sensient Technologies Corporation has a 52-week low of $68.51 and a 52-week high of $84.98. The company has a market cap of $3.28 billion, a PE ratio of 30.14 and a beta of 1.08. The firm’s 50 day moving average is $73.42 and its 200 day moving average is $78.67.
Sensient Technologies Corporation (NYSE:SXT) last posted its quarterly earnings results on Thursday, July 20th. The specialty chemicals company reported $0.87 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.87. Sensient Technologies Corporation had a net margin of 8.16% and a return on equity of 17.15%. The firm had revenue of $338.48 million for the quarter. Analysts forecast that Sensient Technologies Corporation will post $3.41 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 4th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date was Wednesday, August 2nd. Sensient Technologies Corporation’s payout ratio is 48.39%.
In other news, Director Joseph Carleone purchased 1,000 shares of the business’s stock in a transaction dated Monday, July 24th. The shares were purchased at an average price of $75.32 per share, for a total transaction of $75,320.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.95% of the company’s stock.
COPYRIGHT VIOLATION WARNING: This piece of content was originally posted by Daily Political and is the property of of Daily Political. If you are viewing this piece of content on another website, it was stolen and republished in violation of international copyright and trademark laws. The correct version of this piece of content can be read at https://www.dailypolitical.com/2017/09/16/sensient-technologies-corporation-sxt-earns-daily-news-sentiment-rating-of-0-22.html.
About Sensient Technologies Corporation
Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.
Receive News & Ratings for Sensient Technologies Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sensient Technologies Corporation and related companies with MarketBeat.com's FREE daily email newsletter.