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

Sensient Technologies (NYSE:SXT) released its quarterly earnings data on Friday. The specialty chemicals company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.01, Zacks reports. The business had revenue of $376.40 million during the quarter, compared to analyst estimates of $375.10 million. Sensient Technologies had a net margin of 5.80% and a return on equity of 11.41%. Sensient Technologies’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $0.51 EPS. Sensient Technologies updated its FY 2025 guidance to 3.050-3.150 EPS.

Sensient Technologies Stock Performance

NYSE SXT traded down $4.48 during trading hours on Friday, hitting $72.52. The company’s stock had a trading volume of 304,594 shares, compared to its average volume of 197,478. Sensient Technologies has a 12 month low of $62.46 and a 12 month high of $82.99. The company’s 50 day simple moving average is $74.05 and its two-hundred day simple moving average is $75.67. 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 company has a market cap of $3.07 billion, a P/E ratio of 34.56 and a beta of 0.77.

Sensient Technologies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 4th will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Tuesday, February 4th. Sensient Technologies’s payout ratio is currently 78.47%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Sensient Technologies from a “hold” rating to a “buy” rating in a report on Monday, October 28th.

About Sensient Technologies

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.