Analyst Valuation and EPS Growth for Balchem (NASDAQ:BCPC)

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Earnings results for Balchem (NASDAQ:BCPC)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.55 and remained the same over the past month at 0.55. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 2.58 and remained the same over the past month at 2.58 . none raised and none lowered their forecast.

Balchem last released its earnings results on May 1st, 2020. The basic materials company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.22. The company had revenue of $174.44 million for the quarter, compared to the consensus estimate of $169.87 million. Its revenue was up 11.1% on a year-over-year basis. Balchem has generated $3.19 earnings per share over the last year and currently has a price-to-earnings ratio of 39.9. Balchem has confirmed that its next quarterly earnings report will be published on Friday, July 31st, 2020.

Analyst Opinion on Balchem (NASDAQ:BCPC)

2 Wall Street analysts have issued ratings and price targets for Balchem in the last 12 months. Their average twelve-month price target is $102.00, suggesting that the stock has a possible upside of 2.58%. The high price target for BCPC is $104.00 and the low price target for BCPC is $100.00. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Balchem has received a consensus rating of Buy. The company’s average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $102.00, Balchem has a potential upside of 2.6% from its current price of $99.43. Balchem has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Balchem (NASDAQ:BCPC)

Balchem has a dividend yield of 0.53%, which is in the bottom 25% of all stocks that pay dividends. Balchem has been increasing its dividend for 9 years. The dividend payout ratio of Balchem is 16.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Balchem will have a dividend payout ratio of 17.63% next year. This indicates that Balchem will be able to sustain or increase its dividend.

Insiders buying/selling: Balchem (NASDAQ:BCPC)

In the past three months, Balchem insiders have not sold or bought any company stock. Only 1.38% of the stock of Balchem is held by insiders. 86.38% of the stock of Balchem is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Balchem (NASDAQ:BCPC

Earnings for Balchem are expected to grow by 14.34% in the coming year, from $2.58 to $2.95 per share. The P/E ratio of Balchem is 39.93, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.93. The P/E ratio of Balchem is 39.93, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 30.02. Balchem has a P/B Ratio of 4.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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