Media coverage about Sensient Technologies Corporation (NYSE:SXT) has trended positive on Sunday, AlphaOne Sentiment reports. The research firm, a division of Accern, rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sensient Technologies Corporation earned a daily sentiment score of 0.33 on AlphaOne’s scale. AlphaOne also assigned press coverage about the specialty chemicals company an impact score of 6 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the next several days.
Separately, Zacks Investment Research upgraded Sensient Technologies Corporation from a “hold” rating to a “buy” rating and set a $90.00 price objective for the company in a research report on Friday, June 2nd.
Shares of Sensient Technologies Corporation (NYSE SXT) traded up 0.09% during mid-day trading on Friday, hitting $81.86. The company had a trading volume of 362,035 shares. Sensient Technologies Corporation has a one year low of $67.40 and a one year high of $84.55. The company has a market capitalization of $3.62 billion, a PE ratio of 33.73 and a beta of 1.06. The company’s 50-day moving average is $80.94 and its 200 day moving average is $79.57.
Sensient Technologies Corporation (NYSE:SXT) last posted its quarterly earnings data on Tuesday, April 25th. The specialty chemicals company reported $0.82 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.82. Sensient Technologies Corporation had a return on equity of 17.16% and a net margin of 7.83%. The firm had revenue of $341.40 million during the quarter. During the same quarter in the previous year, the company posted $0.75 earnings per share. On average, equities research analysts forecast that Sensient Technologies Corporation will post $3.41 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Friday, May 12th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Wednesday, May 10th. Sensient Technologies Corporation’s payout ratio is currently 49.59%.
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Sensient Technologies Corporation Company Profile
Sensient Technologies Corporation is a manufacturer and marketer of colors, flavors and fragrances. The Company uses technologies at facilities around the world to develop specialty food and beverage systems, cosmetic and pharmaceutical systems, specialty inks and colors, and other specialty and fine chemicals.
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