Balchem Corp (NASDAQ: BCPC) is -0.92% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BCPC stock was last observed hovering at around $161.31 in the last trading session, with the day’s gains setting it 0.19%.
Currently trading at $161.50, the stock is -0.06% and -2.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.12% at the moment leaves the stock -4.36% off its SMA200. BCPC registered 10.91% gain for a year compared to 6-month loss of -6.11%. The firm has a 50-day simple moving average (SMA 50) of $164.9898 and a 200-day simple moving average (SMA200) of $168.865.
The stock witnessed a -2.26% gain in the last 1 month and extending the period to 3 months gives it a 0.62%, and is 3.47% 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 2.64% over the week and 3.20% over the month.
Balchem Corp (BCPC) has around 1361 employees, a market worth around $5.25B and $953.68M in sales. Current P/E ratio is 41.05 and Fwd P/E is 31.04. Profit margin for the company is 13.47%. Distance from 52-week low is 17.29% and -13.19% from its 52-week high. The company has generated returns on investments over the last 12 months (9.48%).
with sales reaching $245.7M over the same period.The EPS is expected to grow by 21.88% this year, but quarterly earnings will post 5.79% year-over-year. Quarterly sales are estimated to grow 2.52% in year-over-year returns.
479.0 institutions hold shares in Balchem Corp (BCPC), with institutional investors hold 91.51% of the company’s shares. The shares outstanding are 32.53M, and float is at 32.33M with Short Float at 1.45%. Institutions hold 91.15% 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 15.1798 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
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).
