In the past week, SXT stock has gone up by 3.26%, with a monthly gain of 3.55% and a quarterly surge of 15.16%. The volatility ratio for the week is 1.77%, and the volatility levels for the last 30 days are 2.08% for Sensient Technologies Corp. The simple moving average for the past 20 days is 1.86% for SXT’s stock, with a 11.57% simple moving average for the past 200 days.
Is It Worth Investing in Sensient Technologies Corp. (NYSE: SXT) Right Now?
The price-to-earnings ratio for Sensient Technologies Corp. (NYSE: SXT) is above average at 31.68x, Company’s 36-month beta value is 0.77.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for SXT is 35.43M, and currently, short sellers hold a 1.73% ratio of that floaft. The average trading volume of SXT on April 25, 2024 was 219.46K shares.
SXT) stock’s latest price update
Sensient Technologies Corp. (NYSE: SXT)’s stock price has gone rise by 0.20 in comparison to its previous close of 69.89, however, the company has experienced a 3.26% increase in its stock price over the last five trading days. Business Wire reported 2024-04-12 that MILWAUKEE–(BUSINESS WIRE)–Sensient Technologies Corporation (NYSE: SXT) will hold its conference call to discuss 2024 first quarter results at 8:30 a.m. CDT on Friday, April 26, 2024. To participate in the conference call, contact Chorus Call Inc. at (844) 492-3726 or (412) 317-1078, and ask to join the Sensient Technologies Corporation conference call. Alternatively, the call can be accessed by using the webcast link that will be available on the Investor Information section of the Company’s.
Analysts’ Opinion of SXT
Many brokerage firms have already submitted their reports for SXT stocks, with Robert W. Baird repeating the rating for SXT by listing it as a “Outperform.” The predicted price for SXT in the upcoming period, according to Robert W. Baird is $70 based on the research report published on October 17, 2023 of the previous year 2023.
Sidoti, on the other hand, stated in their research note that they expect to see SXT reach a price target of $92. The rating they have provided for SXT stocks is “Buy” according to the report published on October 10th, 2022.
Robert W. Baird gave a rating of “Neutral” to SXT, setting the target price at $90 in the report published on May 27th of the previous year.
SXT Trading at 3.68% from the 50-Day Moving Average
After a stumble in the market that brought SXT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.02% of loss for the given period.
Volatility was left at 2.08%, however, over the last 30 days, the volatility rate increased by 1.77%, as shares surge +3.72% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.62% upper at present.
During the last 5 trading sessions, SXT rose by +3.26%, which changed the moving average for the period of 200-days by +2.20% in comparison to the 20-day moving average, which settled at $68.88. In addition, Sensient Technologies Corp. saw 6.11% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SXT starting from Mitchell E. Craig, who sale 2,608 shares at the price of $57.39 back on Oct 23 ’23. After this action, Mitchell E. Craig now owns 18,477 shares of Sensient Technologies Corp., valued at $149,673 using the latest closing price.
Winder Investment Pte Ltd, the 10% Owner of Sensient Technologies Corp., sale 6,304,914 shares at $71.13 during a trade that took place back on Jul 03 ’23, which means that Winder Investment Pte Ltd is holding 0 shares at $448,468,533 based on the most recent closing price.
Stock Fundamentals for SXT
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.32 for the gross margin
The net margin for Sensient Technologies Corp. stands at 0.06. The total capital return value is set at 0.09. Equity return is now at value 9.10, with 4.67 for asset returns.
Based on Sensient Technologies Corp. (SXT), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.63. The interest coverage ratio of the stock is 6.16.
Currently, EBITDA for the company is 212.84 million with net debt to EBITDA at 2.96. When we switch over and look at the enterprise to sales, we see a ratio of 2.47. The receivables turnover for the company is 5.35for trailing twelve months and the total asset turnover is 0.72. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.96.
Conclusion
In a nutshell, Sensient Technologies Corp. (SXT) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
