Balchem Corp (NASDAQ: BCPC) is 1.12% higher on its value in year-to-date trading and has touched a low of $137.69 and a high of $186.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BCPC stock was last observed hovering at around $163.14 in the last trading session, with the day’s gains setting it 1.68%.
Currently trading at $164.82, the stock is 2.14% and 0.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.03% at the moment leaves the stock -0.76% off its SMA200. BCPC registered 17.24% gain for a year compared to 6-month loss of 0.04%. The firm has a 50-day simple moving average (SMA 50) of $164.7378 and a 200-day simple moving average (SMA200) of $166.0869.
The stock witnessed a 2.90% gain in the last 1 month and extending the period to 3 months gives it a -7.58%, and is 2.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.09% over the week and 1.99% over the month.
Balchem Corp (BCPC) has around 1302 employees, a market worth around $5.36B and $942.38M in sales. Current P/E ratio is 44.27 and Fwd P/E is 35.62. Profit margin for the company is 12.90%. Distance from 52-week low is 19.70% and -11.40% from its 52-week high. The company has generated returns on investments over the last 12 months (8.56%).
with sales reaching $239.96M over the same period.The EPS is expected to shrink by -0.50% this year, but quarterly earnings will post 3.38% year-over-year. Quarterly sales are estimated to grow 4.92% in year-over-year returns.
Balchem Corp (BCPC) Top Institutional Holders
477.0 institutions hold shares in Balchem Corp (BCPC), with institutional investors hold 91.20% of the company’s shares. The shares outstanding are 32.51M, and float is at 32.37M with Short Float at 1.29%. Institutions hold 90.69% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.9 million shares valued at $755.06 million. The investor’s holdings represent 15.2075% of the BCPC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.91 million shares valued at $$602.2 million to account for 12.1288 of the shares outstanding. The other top investors are APG ASSET MANAGEMENT N.V. which holds 3.01 million shares representing 9.3019% and valued at over $431.71 million, while WASATCH ADVISORS LP holds 5.1907 of the shares totaling 1.68 million with a market value of $258.19 million.
Balchem Corp (BCPC) Insider Activity
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Still, SEC filings show that on Jul 31 ’24, van Gunsteren Job Leonard (SVP and GM, Specialty Products) disposed off 7,750 shares at an average price of $180.05 for $1.4 million. The insider now directly holds 8,540 shares of Balchem Corp (BCPC).
