Sensient Technologies (NYSE:SXT – Get Free Report) had its price target lifted by research analysts at Robert W. Baird from $70.00 to $80.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has an “outperform” rating on the specialty chemicals company’s stock. Robert W. Baird’s price objective indicates a potential upside of 9.23% from the stock’s current price.
Sensient Technologies Stock Performance
Sensient Technologies stock opened at $73.24 on Monday. Sensient Technologies has a 1 year low of $52.90 and a 1 year high of $78.70. The company’s 50-day moving average is $68.26 and its two-hundred day moving average is $63.57. The company has a current ratio of 4.31, a quick ratio of 1.71 and a debt-to-equity ratio of 0.60. The company has a market cap of $3.10 billion, a PE ratio of 34.06 and a beta of 0.79.
Sensient Technologies (NYSE:SXT – Get Free Report) last released its earnings results on Friday, February 9th. The specialty chemicals company reported $0.51 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.04). Sensient Technologies had a return on equity of 11.40% and a net margin of 6.16%. The business had revenue of $349.30 million for the quarter, compared to analyst estimates of $371.10 million. During the same period in the prior year, the firm posted $0.64 EPS. Sensient Technologies’s revenue was up .2% on a year-over-year basis. Equities analysts anticipate that Sensient Technologies will post 2.85 earnings per share for the current year.
Institutional Trading of Sensient Technologies
Sensient Technologies Company Profile
Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and other specialty ingredients in North America, Europe, Asia, Australia, South America, and Africa. The company offers flavor-delivery systems, and compounded and blended products; ingredient products, such as essential oils, natural and synthetic flavors, and natural extracts; and chili powder, paprika, and chili pepper, as well as dehydrated vegetables comprising parsley, celery, and spinach to the food, beverage, and personal care industries.
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