Sensient Technologies (NYSE:SXT) Issues Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Sensient Technologies (NYSE:SXT) issued its quarterly earnings results on Friday. The specialty chemicals company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.64 by $0.01, Zacks reports. Sensient Technologies had a return on equity of 11.41% and a net margin of 5.80%. The firm had revenue of $376.40 million for the quarter, compared to analyst estimates of $375.10 million. During the same period in the previous year, the company posted $0.51 earnings per share. The company’s quarterly revenue was up 7.8% compared to the same quarter last year. Sensient Technologies updated its FY 2025 guidance to 3.050-3.150 EPS.

Sensient Technologies Stock Down 7.3 %

NYSE SXT opened at $71.38 on Friday. The company has a current ratio of 3.74, a quick ratio of 1.47 and a debt-to-equity ratio of 0.58. The stock’s 50 day moving average is $73.92 and its two-hundred day moving average is $75.61. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 34.15 and a beta of 0.77. Sensient Technologies has a 1-year low of $62.46 and a 1-year high of $82.99.

Sensient Technologies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend is Tuesday, February 4th. Sensient Technologies’s payout ratio is 78.47%.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Sensient Technologies from a “hold” rating to a “buy” rating in a research note on Monday, October 28th.

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.