Earnings results for Sensient Technologies (NYSE:SXT)
Sensient Technologies Corporation is expected* to report earnings on 10/15/2021 before market open. The report will be for the fiscal Quarter ending Sep 2021. The reported EPS for the same quarter last year was $0.77.
Sensient Technologies last announced its earnings data on July 22nd, 2021. The specialty chemicals company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.03. The company earned $335.80 million during the quarter, compared to analyst estimates of $315.81 million. Its revenue was up 3.9% on a year-over-year basis. Sensient Technologies has generated $2.79 earnings per share over the last year ($2.73 diluted earnings per share) and currently has a price-to-earnings ratio of 32.5. Earnings for Sensient Technologies are expected to grow by 12.74% in the coming year, from $3.14 to $3.54 per share. Sensient Technologies has confirmed that its next quarterly earnings report will be published on Friday, October 15th, 2021. Sensient Technologies will be holding an earnings conference call on Friday, October 15th at 9:30 AM Eastern. Interested parties can register for or listen to the call. or dial in at 877-344-7529 with passcode “10159962”.
Analyst Opinion on Sensient Technologies (NYSE:SXT)
According to the issued ratings of 1 analysts in the last year, the consensus rating for Sensient Technologies stock is Hold based on the current 1 hold rating for SXT. The average twelve-month price target for Sensient Technologies is $90.00 with a high price target of $90.00 and a low price target of $90.00.
on SXT’s analyst rating history
Sensient Technologies has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $90.00, Sensient Technologies has a forecasted upside of 1.4% from its current price of $88.75. Sensient Technologies has received no research coverage in the past 90 days.
Dividend Strength: Sensient Technologies (NYSE:SXT)
Sensient Technologies pays a meaningful dividend of 1.74%, higher than the bottom 25% of all stocks that pay dividends. Sensient Technologies has only been increasing its dividend for 1 years. The dividend payout ratio of Sensient Technologies is 55.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Sensient Technologies will have a dividend payout ratio of 44.07% next year. This indicates that Sensient Technologies will be able to sustain or increase its dividend.
Insiders buying/selling: Sensient Technologies (NYSE:SXT)
In the past three months, Sensient Technologies insiders have bought more of their company’s stock than they have sold. Specifically, they have bought $39,557,510.00 in company stock and sold $0.00 in company stock. Only 0.86% of the stock of Sensient Technologies is held by insiders. 89.64% of the stock of Sensient Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of Sensient Technologies (NYSE:SXT
Earnings for Sensient Technologies are expected to grow by 12.74% in the coming year, from $3.14 to $3.54 per share. The P/E ratio of Sensient Technologies is 32.51, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.75. The P/E ratio of Sensient Technologies is 32.51, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.75. Sensient Technologies has a P/B Ratio of 4.02. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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