Equities research analysts predict that Sensient Technologies Co. (NYSE:SXT) will announce $0.90 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Zero analysts have issued estimates for Sensient Technologies’ earnings. Sensient Technologies reported earnings of $0.82 per share in the same quarter last year, which suggests a positive year over year growth rate of 9.8%. The business is expected to report 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 year. For the next fiscal year, analysts anticipate that the business will post earnings of $4.13 per share, with EPS estimates ranging from $4.10 to $4.15. Zacks Investment Research’s EPS calculations are an average based on a survey of research analysts that follow Sensient Technologies.
Sensient Technologies (NYSE:SXT) last announced its quarterly earnings data on Thursday, February 8th. The specialty chemicals company reported $0.84 earnings per share (EPS) for the quarter, meeting 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 firm had revenue of $328.87 million during the quarter.
In other news, Director Gebhardt Deborah Mckeithan bought 1,000 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was acquired at an average price of $72.10 per share, for a total transaction of $72,100.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Hank Brown sold 2,000 shares of the business’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $71.78, for a total value of $143,560.00. The disclosure for this sale can be found here. 0.95% of the stock is currently owned by company insiders.
Several large investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. boosted its stake in Sensient Technologies by 5.1% during the third quarter. Schwab Charles Investment Management Inc. now owns 304,694 shares of the specialty chemicals company’s stock valued at $23,438,000 after buying an additional 14,917 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Sensient Technologies by 59.8% in the third quarter. Sei Investments Co. now owns 5,520 shares of the specialty chemicals company’s stock valued at $424,000 after purchasing an additional 2,066 shares in the last quarter. Swiss National Bank raised its holdings in Sensient Technologies by 1.5% during the fourth quarter. Swiss National Bank now owns 74,700 shares of the specialty chemicals company’s stock worth $5,464,000 after acquiring an additional 1,100 shares in the last quarter. Old Mutual Global Investors UK Ltd. bought a new stake in Sensient Technologies during the third quarter worth about $394,000. Finally, Public Employees Retirement System of Ohio raised its holdings in Sensient Technologies by 792.9% during the third quarter. Public Employees Retirement System of Ohio now owns 25,224 shares of the specialty chemicals company’s stock worth $1,940,000 after acquiring an additional 22,399 shares in the last quarter. Institutional investors and hedge funds own 89.67% of the company’s stock.
Shares of Sensient Technologies (NYSE SXT) traded up $1.43 on Friday, hitting $74.75. 229,700 shares of the company were exchanged, compared to its average volume of 402,686. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.39 and a quick ratio of 1.25. Sensient Technologies has a 12-month low of $65.60 and a 12-month high of $84.98. The stock has a market capitalization of $3,226.21, a price-to-earnings ratio of 36.82, a P/E/G ratio of 2.29 and a beta of 0.94.
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 1st. Shareholders of record on Tuesday, February 6th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date of this dividend was Monday, February 5th. Sensient Technologies’s dividend payout ratio (DPR) is currently 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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