Balchem (BCPC) Stock Rating Upgraded by BidaskClub
BidaskClub upgraded shares of Balchem (NASDAQ:BCPC) from a sell rating to a hold rating in a research note published on Thursday.
Shares of BCPC stock opened at $82.07 on Thursday. The company has a market cap of $2,629.19, a PE ratio of 29.42 and a beta of 1.05. Balchem has a 12 month low of $70.23 and a 12 month high of $88.47. The company has a quick ratio of 1.28, a current ratio of 1.84 and a debt-to-equity ratio of 0.31.
Balchem (NASDAQ:BCPC) last issued its quarterly earnings data on Tuesday, February 27th. The basic materials company reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.62 by $0.06. The firm had revenue of $159.26 million for the quarter. Balchem had a net margin of 15.14% and a return on equity of 14.16%.
TRADEMARK VIOLATION NOTICE: This news story was first reported by Daily Political and is the property of of Daily Political. If you are accessing this news story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright laws. The legal version of this news story can be read at https://www.dailypolitical.com/2018/03/18/balchem-bcpc-stock-rating-upgraded-by-bidaskclub.html.
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.
Receive News & Ratings for Balchem Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Balchem and related companies with MarketBeat.com's FREE daily email newsletter.