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

Sensient Technologies (NYSE:SXT - Get Free Report) released its quarterly earnings data on Friday. The specialty chemicals company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.64 by $0.01, Zacks reports. Sensient Technologies had a net margin of 5.80% and a return on equity of 11.41%. The business had revenue of $376.40 million during the quarter, compared to the consensus estimate of $375.10 million. During the same quarter in the prior year, the firm earned $0.51 EPS. The business's revenue was up 7.8% on a year-over-year basis. Sensient Technologies updated its FY 2025 guidance to 3.050-3.150 EPS.

Sensient Technologies Price Performance

Shares of Sensient Technologies stock traded down $0.33 during trading hours on Tuesday, reaching $70.90. The company's stock had a trading volume of 262,204 shares, compared to its average volume of 210,090. The firm has a 50 day moving average price of $73.67 and a 200-day moving average price of $75.54. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.74 and a quick ratio of 1.47. The stock has a market cap of $3.00 billion, a P/E ratio of 33.92 and a beta of 0.77. Sensient Technologies has a one year low of $64.11 and a one year high of $82.99.

Sensient Technologies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Tuesday, February 4th will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $1.64 annualized dividend and a yield of 2.31%. Sensient Technologies's dividend payout ratio (DPR) is currently 78.47%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised 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.