Sensient Technologies (NYSE:SXT) Announces Quarterly Earnings Results

Sensient Technologies (NYSE:SXT) posted its earnings results on Friday. The specialty chemicals company reported $0.65 earnings per share 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 company had revenue of $376.40 million for the quarter, compared to analyst estimates of $375.10 million. During the same period last year, the company earned $0.51 earnings per share. The business’s 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 Trading Down 7.3 %

Sensient Technologies stock opened at $71.38 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.47 and a current ratio of 3.74. The business’s 50-day simple moving average is $73.92 and its 200-day simple moving average is $75.61. The firm has a market capitalization of $3.02 billion, a PE ratio of 34.15 and a beta of 0.77. Sensient Technologies has a 52 week low of $62.46 and a 52 week high of $82.99.

Sensient Technologies Announces Dividend

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

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Sensient Technologies from a “hold” rating to a “buy” rating in a report 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.