Balchem (BCPC) Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Balchem in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" BCPC shares.
View BCPC analyst ratings or view top-rated stocks.

1 brokerages have issued 12 month price targets for Balchem's stock. Their BCPC share price forecasts range from $165.00 to $165.00. On average, they anticipate the company's stock price to reach $165.00 in the next year. This suggests a possible upside of 35.0% from the stock's current price.
View analysts price targets for BCPC or view top-rated stocks among Wall Street analysts.

Balchem's stock was trading at $122.11 at the start of the year. Since then, BCPC stock has increased by 0.1% and is now trading at $122.20.
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Balchem saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 222,600 shares, an increase of 5.8% from the August 31st total of 210,300 shares. Based on an average daily volume of 85,300 shares, the days-to-cover ratio is presently 2.6 days. Approximately 0.7% of the shares of the company are sold short.
View Balchem's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, November 3rd 2023.
View our BCPC earnings forecast.

Balchem Co. (NASDAQ:BCPC) announced its quarterly earnings results on Friday, July, 28th. The basic materials company reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.13. The basic materials company earned $231.25 million during the quarter, compared to analysts' expectations of $241 million. Balchem had a net margin of 10.58% and a trailing twelve-month return on equity of 10.43%.

Balchem announced an annual dividend on Tuesday, December 6th. Investors of record on Tuesday, December 27th will be given a dividend of $0.71 per share on Friday, January 20th. This represents a dividend yield of 0.53%. The ex-dividend date is Friday, December 23rd. This is a positive change from the stock's previous annual dividend of $0.64.
Read our dividend analysis for BCPC.

ETFs with the largest weight of Balchem (NASDAQ:BCPC) stock in their portfolio include Invesco S&P SmallCap Materials ETF (PSCM), Subversive Food Security ETF (KCAL), VanEck Future of Food ETF (YUMY), iShares S&P Small-Cap 600 Growth ETF (IJT), Vanguard S&P Small-Cap 600 Growth ETF (VIOG), SPDR S&P 600 Small Cap Growth ETF (SLYG), VanEck Agribusiness ETF (MOO) and SPDR S&P SmallCap 600 ESG ETF (ESIX).

Balchem (NASDAQ:BCPC) pays an annual dividend of $0.71 per share and currently has a dividend yield of 0.56%. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 23.13%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BCPC will have a dividend payout ratio of 18.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BCPC.

25 employees have rated Balchem Chief Executive Officer Dino A. Rossi on Glassdoor.com. Dino A. Rossi has an approval rating of 85% among the company's employees. 62.0% of employees surveyed would recommend working at Balchem to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Balchem investors own include Ecolab (ECL), CVS Health (CVS), AbbVie (ABBV), Johnson & Johnson (JNJ), Lowe's Companies (LOW), Altria Group (MO), NVIDIA (NVDA), AT&T (T), Analog Devices (ADI) and Bristol-Myers Squibb (BMY).

Balchem trades on the NASDAQ under the ticker symbol "BCPC."

Balchem's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.17%), Wasatch Advisors LP (6.15%), State Street Corp (3.44%), Conestoga Capital Advisors LLC (3.27%), Bank Julius Baer & Co. Ltd Zurich (2.38%) and Geneva Capital Management LLC (2.36%). Insiders that own company stock include David B Fischer, Gunsteren Job Leonard Van, Michael Robert Sestrick, Scott C Mason and William A Backus.
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Shares of BCPC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of BCPC stock can currently be purchased for approximately $122.20.

Balchem (NASDAQ:BCPC) has a market capitalization of $3.94 billion and generates $942.36 million in revenue each year. The basic materials company earns $105.37 million in net income (profit) each year or $3.07 on an earnings per share basis.

The company employs 1,340 workers across the globe.

Balchem's mailing address is 52 Sunrise Park Road, NEW HAMPTON NY, 10958. The official website for the company is www.balchem.com. The basic materials company can be reached via phone at (845) 326-5600, via email at mabrush@balchem.com, or via fax at 845-326-5717.