Sensient Technologies (NYSE:SXT) updated its FY 2019 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of $3.23-3.27 for the period, compared to the Thomson Reuters consensus estimate of $3.29.
A number of brokerages have recently commented on SXT. Zacks Investment Research cut shares of Zynex from a hold rating to a sell rating in a research report on Saturday, May 4th. TheStreet upgraded shares of Sensient Technologies from a c+ rating to a b- rating in a research report on Tuesday, June 18th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of $75.00.
Shares of SXT traded down $3.78 during mid-day trading on Friday, reaching $67.00. The stock had a trading volume of 790,596 shares, compared to its average volume of 209,727. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.81 and a current ratio of 4.18. Sensient Technologies has a 52-week low of $51.93 and a 52-week high of $78.40. The company has a fifty day moving average of $72.53. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 18.87 and a beta of 1.04.
In related news, VP Thierry Hoang sold 357 shares of the company’s stock in a transaction dated Tuesday, May 7th. The shares were sold at an average price of $72.37, for a total value of $25,836.09. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.75% of the company’s stock.
About Sensient Technologies
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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