Sensient Technologies (NYSE:SXT) Announces Quarterly Earnings Results

Sensient Technologies (NYSE:SXT) issued its earnings results on Friday. The specialty chemicals company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.64 by $0.01, Zacks reports. Sensient Technologies had a net margin of 5.80% and a return on equity of 11.41%. The firm had revenue of $376.40 million during the quarter, compared to the consensus estimate of $375.10 million. During the same quarter in the prior year, the firm earned $0.51 earnings per share. The business’s quarterly revenue was up 7.8% on a year-over-year basis. Sensient Technologies updated its FY 2025 guidance to 3.050-3.150 EPS.

Sensient Technologies Stock Performance

Shares of SXT opened at $71.38 on Friday. The company has a current ratio of 3.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.58. The firm has a fifty day simple moving average of $73.92 and a 200 day simple moving average of $75.62. Sensient Technologies has a 12 month low of $62.46 and a 12 month high of $82.99. The stock has a market capitalization of $3.02 billion, a price-to-earnings ratio of 34.15 and a beta of 0.77.

Sensient Technologies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 4th will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.30%. The ex-dividend date is Tuesday, February 4th. Sensient Technologies’s payout ratio is 78.47%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Sensient Technologies from a “hold” rating to a “buy” rating in a report on Monday, October 28th.

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.