Sensient Technologies Corporation (NYSE:SXT) went up by 1.92% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Specialty Chemicals giant went up by $52.67 to trade ended Thursday trading at $51.68. This is up from the $51.68 price recorded on Wednesday’s trading session. Thanks to this latest performance, SXT is closer to the higher price 52-week target of $69.00 and further from the lowest price target of $52.00. Its performance from the start of the year has also been negative, with SXT down by -20.31% year-to-date.
Sensient Technologies Corporation (SXT) started the day trading at $52.59 and recorded an intraday high of $53.33. It also recorded an intraday low of $52.19 during Thursday’s trading session. Sensient Technologies Corporation is a very active stock that recorded a trading volume that is less than -189.02% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 193481, which is less than -189.02 of the total average daily trading volume of 559.20K.
Sensient Technologies Corporation (NYSE:SXT) 2020 Performance Impressive
The increase in SXT’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of SXT currently stands at $74.25, which is higher than the current trading price of the stock by 29.06%. However, SXT’s current trading price is -37.74% lower than the 52-week low price of $38.24. In terms of trading volume, Sensient Technologies Corporation currently experienced healthy participation during the last trading session. 193481 shares of Sensient Technologies Corporation were traded on the stock exchange on Thursday, which is less than -189.02% of the 559.20K average trading volume of the stock.
The performance of the stock has been positive over the past year. SXT’s performance over the past one year has seen it plunge by -28.92%, while the stock has gone down by -19.27% in the last six months. The quarterly performance of SXT currently stands at 29.99%, and it is down by -0.96% in the last month. The only positive figure was from the weekly performance, which currently reads 3.99%. At the time of writing SXT’s report, the company has a total market cap of $2.19B, making it one of the largest publicly-traded companies in the world.Sensient Technologies Corporation also has over 4058 employees all over the world.
SXT Insider Activities
For Sensient Technologies Corporation, insiders hold 91.00% of all company shares. The insider transactions over the past six months are up by 30.00%. During that period, insiders bought 22,389 shares in 13 transactions. In that same period, insiders sold 4,060 of their shares in 9 transactions. After these transactions, insiders at Sensient Technologies Corporation now hold 351.14k shares, which is over 95.52% of the total company stocks. Institutional investors currently hold a large chunk of the SXT shares, as they control 0.83% of the company’s total stock.
SXT Fundamental Analysis
For Sensient Technologies Corporation, the stock’s diluted earnings per share (EPS) stands at 1.66. In the coming year, analysts expect the EPS to be 2.80. The EPS growth will up over the next five years to 3.80% after surging by 3.00% in the previous five years. In terms of revenue, Sensient Technologies Corporation’s quarterly sales (YOY) is growing at 0.68, which is lower than the average annual revenue of 3.00% over the past half a decade.
The Return on Investment (ROI) on Sensient Technologies Corporation’s stock currently stands at 6.80%, and it has a net profit margin of 5.30%. The operating margin of the company is 8.00%, and its gross margin is 31.00%.
SXT Analysts Prediction
Berenberg and BB&T Capital Mkts also believe that Sensient Technologies Corporation’s stock is outperforming at the moment.
At the moment, Sensient Technologies Corporation’s Total Debt to Equity ratio stands at 0.72, and they have a long-term Debt to Equity ratio of 0.70.
SXT Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of SXT currently stands at 2.11%, while the SMA50 is 8.05%. The biggest one is the SMA200, which is currently reading -6.17% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 58.54, while its price to earnings ratio (P/E) is 31.82.