Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Sensient Technologies Corp before investing.

In this article, we go over a few key elements for understanding Sensient Technologies Corp’s stock price such as:

• Sensient Technologies Corp’s current stock price and volume
• Why Sensient Technologies Corp’s stock price changed recently
• Upgrades and downgrades for SXT from analysts
• SXT’s stock price momentum as measured by its relative strength

About Sensient Technologies Corp (SXT)

Before we jump into Sensient Technologies Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Sensient Technologies Corporation is a global manufacturer and marketer of colors, flavors, and other specialty ingredients. The Company operates through three segments: Flavors & Extracts, Color and the Asia Pacific. The Flavors & Extracts and Color segments are managed on a product basis. The Asia Pacific segment is managed on a geographic basis. The Company?s products include flavors, flavor enhancers, ingredients, extracts, and bio-nutrients; essential oils; dehydrated vegetables and other food ingredients; natural and synthetic food and beverage colors; cosmetic colors and ingredients; pharmaceutical and nutraceutical excipients and ingredients, and technical colors, specialty colors, and specialty dyes and pigments. The Company provides natural and synthetic color systems for use in foods, beverages, pharmaceuticals and nutraceuticals, colors and other ingredients for cosmetics, pharmaceuticals and nutraceuticals, and technical colors for industrial applications.

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Sensient Technologies Corp’s Stock Price as of Market Close

As of November 20, 2023, 4:00 PM, CST, Sensient Technologies Corp’s stock price was $58.24.

Sensient Technologies Corp is down 4.12% from its previous closing price of $60.74.

During the last market session, Sensient Technologies Corp’s stock traded between $60.45 and $62.08. Currently, there are 42.05 million shares of Sensient Technologies Corp stock available for purchase.

Sensient Technologies Corp’s price-earnings (P/E) ratio is currently at 20.0, which is high compared to the Chemicals - Specialty industry median of 19.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Sensient Technologies Corp Stock Price History

Sensient Technologies Corp’s (SXT) price is currently up 3.23% so far this month.

During the month of November, Sensient Technologies Corp’s stock price has reached a high of $62.08 and a low of $55.50.

Over the last year, Sensient Technologies Corp has hit prices as high as $79.20 and as low as $52.90. Year to date, Sensient Technologies Corp’s stock is down 41.79%.

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What Caused Sensient Technologies Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of November 17, 2023, there was 1 analyst who downgraded Sensient Technologies Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Sensient Technologies Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Sensient Technologies Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Sensient Technologies Corp’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Sensient Technologies Corp (SXT) by visiting AAII Stock Evaluator.

Relative Price Strength of Sensient Technologies Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of November 17, 2023, Sensient Technologies Corp has a weighted four-quarter relative price strength of -5.31%, which translates to a Momentum Score of 49 and is considered to be Average.

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Sensient Technologies Corp Stock Price: Bottom Line

As of November 20, 2023, Sensient Technologies Corp’s stock price is $58.24, which is down 4.12% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Sensient Technologies Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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