$0.90 EPS Expected for Sensient Technologies Co. (SXT) This Quarter
Wall Street analysts forecast that Sensient Technologies Co. (NYSE:SXT) will post earnings of $0.90 per share for the current quarter, Zacks reports. Zero analysts have provided estimates for Sensient Technologies’ earnings. Sensient Technologies reported earnings of $0.82 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 9.8%. The company is scheduled to issue its next earnings results on Tuesday, April 24th.
On average, analysts expect that Sensient Technologies will report full-year earnings of $3.80 per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $4.13 per share, with EPS estimates ranging from $4.10 to $4.15. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that follow Sensient Technologies.
Sensient Technologies (NYSE:SXT) last released its quarterly earnings results on Thursday, February 8th. The specialty chemicals company reported $0.84 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.84. Sensient Technologies had a net margin of 6.58% and a return on equity of 17.37%. The business had revenue of $328.87 million during the quarter.
In other Sensient Technologies news, Director Gebhardt Deborah Mckeithan acquired 1,000 shares of the business’s stock in a transaction dated Tuesday, February 20th. The stock was bought at an average price of $72.10 per share, with a total value of $72,100.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Hank Brown sold 2,000 shares of the company’s stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $71.78, for a total transaction of $143,560.00. The disclosure for this sale can be found here. 0.95% of the stock is owned by insiders.
Institutional investors have recently made changes to their positions in the company. Elkfork Partners LLC purchased a new stake in shares of Sensient Technologies in the 4th quarter valued at $129,000. Flinton Capital Management LLC purchased a new stake in shares of Sensient Technologies in the 4th quarter valued at $164,000. Advisor Group Inc. boosted its stake in shares of Sensient Technologies by 89.6% in the 4th quarter. Advisor Group Inc. now owns 2,326 shares of the specialty chemicals company’s stock valued at $169,000 after purchasing an additional 1,099 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Sensient Technologies by 44.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,556 shares of the specialty chemicals company’s stock valued at $187,000 after purchasing an additional 782 shares in the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in shares of Sensient Technologies by 4.4% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,825 shares of the specialty chemicals company’s stock valued at $227,000 after purchasing an additional 119 shares in the last quarter. 91.00% of the stock is owned by institutional investors.
Sensient Technologies (NYSE:SXT) opened at $74.24 on Friday. The company has a quick ratio of 1.25, a current ratio of 3.39 and a debt-to-equity ratio of 0.71. Sensient Technologies has a 12 month low of $65.60 and a 12 month high of $84.98. The company has a market cap of $3,225.32, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 2.29 and a beta of 0.94.
The business also recently declared a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Tuesday, February 6th were paid a $0.33 dividend. The ex-dividend date was Monday, February 5th. This represents a $1.32 dividend on an annualized basis and a yield of 1.78%. Sensient Technologies’s dividend payout ratio is presently 65.02%.
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About Sensient Technologies
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.
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