BUZZ-Sensient Technologies gains after Q2 results beat
SXT•Growth drivers and analyst view
Growth driven by higher prices and strong volume, especially in the color segment, which sells natural and synthetic color systems for use in foods, beverages and pharmaceuticals.
Four out of six brokerages rate the stock "buy" or higher; their median PT is $139.50.
As of last close, stock is up 24.5% YTD.
Shares rise after quarterly beat
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Flavors and colors supplier Sensient Technologies SXT.N shares gain 3.9% to $121.6 in premarket trading.
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Co raises EPS forecast to $4.10-$4.20 from $3.70-$3.90 for fiscal year 2026.
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SXT also beats Q2 earnings estimates, posting adjusted EPS of $1.2 vs estimate of $1.04 -- data compiled by LSEG.
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Revenue of $462.08 million also surpasses estimates of $448.91 million.
