Alert: New Earnings Report (7/26/24)-Sensient Technologies Corp (NYSE: SXT).

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For its second fiscal quarter (ending June 30), Sensient Technologies Corp (NYSE: SXT) has reported E.P.S. of $0.73 compared to $0.81 a year ago. E.P.S. were $2.08 for the latest four quarters through June 30 versus $3.17 for the same period a year ago.

Recent Price Action

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On 7/26/24, Sensient Technologies Corp (NYSE: SXT) stock declined by -4.9%, closing at $76.64. Moreover, trading volume in this decline was unusually high at 182% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.1% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, SXT is expected to continue to be an important Value Builder.

Sensient Technologies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Sensient Technologies has a poor Appreciation Score of 25 but a good Power Rating of 76, with the Neutral Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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