Sensient Technologies (NYSE:SXT) posted its quarterly earnings results on Friday. The specialty chemicals company reported $0.62 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.62, Briefing.com reports. Sensient Technologies had a net margin of 9.92% and a return on equity of 14.98%. The company had revenue of $318.60 million during the quarter, compared to the consensus estimate of $307.51 million. During the same period last year, the firm earned $0.79 EPS. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. Sensient Technologies updated its FY 2020
Pre-Market guidance to 2.60-2.80 EPS and its FY20 guidance to $2.60-2.80 EPS.
Shares of Sensient Technologies stock traded down $5.49 during trading on Friday, hitting $55.74. 785,856 shares of the company were exchanged, compared to its average volume of 236,837. The company has a quick ratio of 1.68, a current ratio of 4.12 and a debt-to-equity ratio of 0.69. Sensient Technologies has a fifty-two week low of $55.11 and a fifty-two week high of $75.21. The stock has a market capitalization of $2.59 billion, a price-to-earnings ratio of 17.87 and a beta of 1.00. The firm has a 50 day moving average price of $63.07 and a 200 day moving average price of $64.56.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 2nd. Investors of record on Tuesday, February 4th will be given a dividend of $0.39 per share. The ex-dividend date is Monday, February 3rd. This represents a $1.56 annualized dividend and a dividend yield of 2.80%. Sensient Technologies’s dividend payout ratio is currently 43.94%.
Sensient Technologies Company Profile
Sensient Technologies Corporation, together with its subsidiaries, develops, manufactures, and markets colors, flavors, and fragrances in North America, Europe, the Asia Pacific, and internationally. It operates through three segments: Flavors & Fragrances Group, Color Group, and Asia Pacific Group.
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