- Sensient Technologies (SXT, Financial) reports Q1 earnings with promising figures.
- Analyst projections suggest potential challenges for investors.
- Insightful GF Value data indicates valuation considerations for Sensient.
Sensient Technologies Corp. (SXT) recently announced its earnings for the first quarter, revealing a net income of $34.5 million. This equates to 81 cents per share and, when adjusted for special items, 86 cents per share. The company reported a revenue of $392.3 million for the period. Sensient has set a full-year earnings per share estimate ranging from $3.13 to $3.23.
Wall Street Analysts Forecast
According to the projections provided by two analysts, the average one-year price target for Sensient Technologies Corp. (SXT, Financial) stands at $85.50. Their estimates span from a high of $86.00 to a low of $85.00. This average target price suggests a potential downside of 6.03% compared to the current trading price of $90.99. For more comprehensive estimate data, visit the Sensient Technologies Corp (SXT) Forecast page.
The consensus from two brokerage firms positions Sensient Technologies Corp. (SXT, Financial) with an average recommendation rating of 1.5, which corresponds to a "Buy" on the rating scale. This scale ranges from 1, indicating a Strong Buy, to 5, which denotes a Sell.
GF Value Analysis
The GF Value for Sensient Technologies Corp. (SXT, Financial) is estimated at $82.10 for the upcoming year. This suggests a potential downside of 9.77% from its current price of $90.99. The GF Value is GuruFocus's assessment of the stock's fair trading value, derived from historical trading multiples, past business growth, and projected business performance. For expanded data and analysis, please visit the Sensient Technologies Corp (SXT) Summary page.
