Sensient Technologies (SXT) Set to Announce Quarterly Earnings on Friday

Sensient Technologies (NYSE:SXT) will announce its earnings results before the market opens on Friday, April 26th. Investors interested in listening to the company’s conference call can do so using this link.

Sensient Technologies (NYSE:SXT) last announced its quarterly earnings results on Friday, February 9th. The specialty chemicals company reported $0.51 EPS for the quarter, missing the consensus estimate of $0.55 by ($0.04). The firm had revenue of $349.30 million during the quarter, compared to analyst estimates of $371.10 million. Sensient Technologies had a net margin of 6.41% and a return on equity of 11.52%. Sensient Technologies’s revenue for the quarter was up .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.64 EPS.

Sensient Technologies Trading Up 0.6 %

Sensient Technologies stock opened at $68.22 on Friday. The firm has a 50 day simple moving average of $67.28 and a 200-day simple moving average of $62.76. The company has a debt-to-equity ratio of 0.61, a current ratio of 3.96 and a quick ratio of 1.43. The stock has a market capitalization of $2.89 billion, a PE ratio of 30.73 and a beta of 0.79. Sensient Technologies has a 12-month low of $52.90 and a 12-month high of $78.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SXT. Milestone Investment Advisors LLC bought a new stake in Sensient Technologies during the first quarter worth approximately $39,000. Covestor Ltd boosted its holdings in Sensient Technologies by 88.1% during the first quarter. Covestor Ltd now owns 489 shares of the specialty chemicals company’s stock worth $41,000 after buying an additional 229 shares in the last quarter. State of Wyoming boosted its holdings in Sensient Technologies by 23.3% during the fourth quarter. State of Wyoming now owns 720 shares of the specialty chemicals company’s stock worth $53,000 after buying an additional 136 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in Sensient Technologies by 45.6% during the third quarter. Penserra Capital Management LLC now owns 2,970 shares of the specialty chemicals company’s stock worth $173,000 after buying an additional 930 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new stake in Sensient Technologies during the second quarter worth approximately $202,000. 90.86% of the stock is currently owned by institutional investors.

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.