Sensient Technologies Corp (NYSE: SXT) has reported earnings for its first fiscal quarter (ending March 31) of $0.73 versus $0.80 for the same period a year ago — a decline of -9%. For the latest four quarters through March 31, E.P.S. were $2.15 versus $3.28 for the same period a year ago — a decline of -34%.
Recent Price Action
Sensient Technologies Corp (NYSE: SXT) stock increased 1.0% on 4/26/24. The shares closed at $70.36. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months and has risen 3.1% during the last week.
Current PriceTarget Research Rating
SXT is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Sensient Technologies has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Sensient Technologies has a poor Appreciation Score of 26 but a slightly positive Power Rating of 60, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
Be the first to comment