Sensient Technologies Stock Fair Value Calculator – SENSIENT TECHNOLOGIES Reports Second Quarter Fiscal Year 2023 Earnings on July 21, 2023
August 24, 2023
🌥️Earnings Overview
On July 21 2023, SENSIENT TECHNOLOGIES ($NYSE:SXT) revealed its financial results for the second quarter of fiscal year 2023, ending June 30 2023. Revenue for the quarter was recorded at USD 374.3 million, an increase of 0.7% from the same period of the previous year. Unfortunately, net income saw a decrease of 12.0%, falling to USD 34.0 million.
Price History
When the market opened, the stock opened at 64.3 and closed at 65.4. This news caused a wave of shock to investors and shareholders as they had anticipated profits and instead were met with a downwards trending stock. The fall in stock prices could be attributed to several factors including economic instability caused by the pandemic, as well as global market conditions.
In addition, investors may have been looking for more information about the company’s recent acquisitions and how these transactions will affect their future outlook. This lack of clarity may have been what caused a decline in stock prices. SENSIENT TECHNOLOGIES has been making impressive strides in the market for quite some time now, having acquired several companies in the recent past. These acquisitions are expected to provide long-term growth opportunities for the company; however, investors may have been disappointed with the lack of insight into how these deals will specifically affect the earning potential of the company. Overall, while the stock drop was concerning, SENSIENT TECHNOLOGIES showed no signs of wavering and is still confident in its plans for future success. With strong leadership, innovative products, and strategic partnerships, SENSIENT TECHNOLOGIES is sure to continue to be a major player in the industry. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Sensient Technologies. More…
| Total Revenues | Net Income | Net Margin |
| 1.45k | 132.85 | 9.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Sensient Technologies. More…
| Operations | Investing | Financing |
| 40.98 | -110.67 | 85.34 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Sensient Technologies. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.05k | 991.95 | 24.34 |
Key Ratios Snapshot
Some of the financial key ratios for Sensient Technologies are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.5% | 23.7% | 13.2% |
| FCF Margin | ROE | ROA |
| -3.5% | 11.6% | 5.8% |
Analysis – Sensient Technologies Stock Fair Value Calculator
At GoodWhale, we conducted an analysis of SENSIENT TECHNOLOGIES‘s wellbeing, and according to our proprietary Valuation Line the intrinsic value of SENSIENT TECHNOLOGIES share is around $79.4. Currently, the stock is traded at $65.4, making it a fair price that is undervalued by 17.7%. As a result, now is an excellent time to invest in SENSIENT TECHNOLOGIES. We believe our analysis can provide valuable insights into the company and its potential for growth, enabling investors to make an informed decision on whether or not to invest in this stock. More…
Peers
The competition among Sensient Technologies Corp, Vidhi Specialty Food Ingredients Ltd, Apple Flavor & Fragrance Group Co Ltd, and Symrise AG is intense. All four companies are leaders in the global market for flavors and fragrances. Each company has a strong portfolio of products and a long history of success.
– Vidhi Specialty Food Ingredients Ltd ($BSE:531717)
Vidhi Specialty Food Ingredients Ltd is an Indian company that manufactures food ingredients. The company has a market cap of 18.79B as of 2022 and a Return on Equity of 23.1%. Vidhi Specialty Food Ingredients Ltd’s products include food additives, emulsifiers, stabilizers, and flavors.
– Apple Flavor & Fragrance Group Co Ltd ($SHSE:603020)
Apple Flavor & Fragrance Group Co Ltd is a leading manufacturer of flavors and fragrances. The company has a market cap of 3.86B as of 2022 and a Return on Equity of 4.89%. The company’s products are used in a wide range of industries, including food and beverage, cosmetics, personal care, and home care.
– Symrise AG ($LTS:0G6T)
Symrise AG is a German manufacturer of flavors, fragrances, cosmetic active ingredients, and raw materials. As of 2022, Symrise AG has a market cap of 13.75B and a Return on Equity of 11.16%. The company manufactures and sells flavors, fragrances, cosmetic active ingredients, and raw materials to the food, beverage, fragrance, and cosmetics industries. Symrise AG has approximately 9,000 employees and operates in more than 100 countries.
Summary
Sensient Technologies second quarter earnings for fiscal year 2023 revealed a slight increase in total revenue to USD 374.3 million compared to the same period last year, however, net income dropped by 12.0% to USD 34.0 million. This caused the stock price to dip the same day of the announcement. When investing in Sensient Technologies, it’s important to consider its financial performance, particularly in relation to the industry and sector performance. Investors should also take a closer look at what caused the decline in net income and whether there are any underlying issues that may affect profitability in the future.
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