Sensient Technologies (NYSE:SXT) updated its FY18 earnings guidance on Friday. The company provided earnings per share guidance of $3.60-3.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.72.
Shares of Sensient Technologies opened at $72.42 on Friday, according to Marketbeat.com. The company has a market cap of $3.07 billion, a P/E ratio of 20.46 and a beta of 0.92. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.45 and a current ratio of 3.75. Sensient Technologies has a twelve month low of $65.56 and a twelve month high of $84.98.
Get Sensient Technologies alerts:Sensient Technologies (NYSE:SXT) last issued its quarterly earnings data on Friday, July 20th. The specialty chemicals company reported $0.92 earnings per share for the quarter, meeting the consensus estimate of $0.92. The firm had revenue of $363.00 million for the quarter. Sensient Technologies had a net margin of 8.32% and a return on equity of 17.67%. Sensient Technologies’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.69 EPS. analysts predict that Sensient Technologies will post 3.7 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 4th. Investors of record on Friday, August 3rd will be given a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 1.82%. Sensient Technologies’s payout ratio is presently 38.60%.
SXT has been the topic of several recent research reports. Zacks Investment Research raised shares of Sensient Technologies from a sell rating to a hold rating in a research report on Saturday, May 26th. ValuEngine lowered shares of Sensient Technologies from a hold rating to a sell rating in a research report on Wednesday, May 2nd. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $87.58.
In other Sensient Technologies news, Director Gebhardt Deborah Mckeithan acquired 1,000 shares of the business’s stock in a transaction that occurred on Monday, April 30th. The shares were purchased at an average price of $68.19 per share, with a total value of $68,190.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.94% of the stock is currently owned by company insiders.
About Sensient Technologies
Sensient Technologies Corporation develops, manufactures, and supplies colors, flavors, and fragrances in the United States and internationally. It operates through three segments: Flavors & Fragrances Group, Color Group, and Asia Pacific Group. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, natural extracts, and aroma chemicals; fragrance products; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, personal care, and household-products industries.
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