Balchem Corporation (BCPC) Getting Somewhat Positive Media Coverage, Analysis Finds
News headlines about Balchem Corporation (NASDAQ:BCPC) have been trending somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Balchem Corporation earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned news headlines about the basic materials company an impact score of 46.6446404965933 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Separately, BidaskClub lowered Balchem Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, June 21st.
Balchem Corporation (NASDAQ:BCPC) opened at 80.12 on Friday. The company has a market capitalization of $2.56 billion, a price-to-earnings ratio of 41.51 and a beta of 1.10. Balchem Corporation has a 52 week low of $67.57 and a 52 week high of $89.50. The firm has a 50-day moving average price of $75.28 and a 200-day moving average price of $78.88.
Balchem Corporation (NASDAQ:BCPC) last released its earnings results on Friday, August 4th. The basic materials company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.01. The company had revenue of $147.08 million for the quarter. Balchem Corporation had a return on equity of 14.99% and a net margin of 10.99%. Analysts anticipate that Balchem Corporation will post $2.47 EPS for the current fiscal year.
About Balchem Corporation
Balchem Corporation is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization and industrial markets. The Company operates in four segments: Human Nutrition & Health, Animal Nutrition & Health, Specialty Products and Industrial Products.
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