Headlines about Balchem Corporation (NASDAQ:BCPC) have trended somewhat positive recently, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Balchem Corporation earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news articles about the basic materials company an impact score of 46.3693431176952 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Separately, BidaskClub downgraded Balchem Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, June 21st.
Balchem Corporation (NASDAQ BCPC) opened at 81.73 on Wednesday. The company has a market capitalization of $2.61 billion, a P/E ratio of 42.35 and a beta of 1.12. Balchem Corporation has a 52-week low of $67.71 and a 52-week high of $89.50. The stock’s 50 day moving average price is $77.91 and its 200-day moving average price is $78.59.
Balchem Corporation (NASDAQ:BCPC) last released its quarterly earnings data on Friday, August 4th. The basic materials company reported $0.64 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.01. The company had revenue of $147.08 million for the quarter. Balchem Corporation had a return on equity of 14.99% and a net margin of 10.99%. Analysts predict that Balchem Corporation will post $2.47 earnings per share for the current fiscal year.
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About Balchem Corporation
Balchem Corporation is engaged in the development, manufacture and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, medical sterilization and industrial markets. The Company operates in four segments: Human Nutrition & Health, Animal Nutrition & Health, Specialty Products and Industrial Products.
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