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 registering for the company’s conference call can do so using this link.

Sensient Technologies (NYSE:SXT) last issued its earnings results on Friday, February 9th. The specialty chemicals company reported $0.51 earnings per share for the quarter, missing the consensus estimate of $0.55 by ($0.04). The business had revenue of $349.30 million for 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 was up .2% on a year-over-year basis. During the same quarter last year, the firm posted $0.64 earnings per share.

Sensient Technologies Stock Performance

NYSE SXT opened at $68.22 on Friday. The stock has a market cap of $2.89 billion, a P/E ratio of 30.73 and a beta of 0.79. The company’s 50-day simple moving average is $67.28 and its 200 day simple moving average is $62.76. Sensient Technologies has a twelve month low of $52.90 and a twelve month high of $78.70. The company has a quick ratio of 1.43, a current ratio of 3.96 and a debt-to-equity ratio of 0.61.

Institutional Trading of Sensient Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mackenzie Financial Corp increased its stake in Sensient Technologies by 5.1% in the first quarter. Mackenzie Financial Corp now owns 2,573 shares of the specialty chemicals company’s stock valued at $216,000 after acquiring an additional 124 shares during the period. Panagora Asset Management Inc. boosted its position in Sensient Technologies by 2.0% in the first quarter. Panagora Asset Management Inc. now owns 6,516 shares of the specialty chemicals company’s stock valued at $547,000 after buying an additional 127 shares in the last quarter. State of Wyoming boosted its position in Sensient Technologies by 23.3% in the fourth quarter. State of Wyoming now owns 720 shares of the specialty chemicals company’s stock valued at $53,000 after buying an additional 136 shares in the last quarter. First Republic Investment Management Inc. boosted its position in Sensient Technologies by 2.4% in the first quarter. First Republic Investment Management Inc. now owns 6,678 shares of the specialty chemicals company’s stock valued at $561,000 after buying an additional 156 shares in the last quarter. Finally, LPL Financial LLC boosted its position in Sensient Technologies by 5.7% in the third quarter. LPL Financial LLC now owns 3,583 shares of the specialty chemicals company’s stock valued at $210,000 after buying an additional 194 shares in the last quarter. Institutional investors own 90.86% of the company’s stock.

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.