Balchem(BCPC)

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Balchem(BCPC) - 2024 Q1 - Quarterly Results
2024-05-03 11:07
Exhibit 99.1 5 Paragon Drive Montvale, NJ 07645 p.845.326.5600 f. 845.326.5702 Human Nutrition & Health | Animal Nutrition & Health | Specialty Products Balchem Corporation Reports First Quarter 2024 Financial Results First Quarter 2024 Financial Highlights: Recent Highlights: Montvale, NJ, May 3, 2024 - Balchem Corporation (NASDAQ: BCPC) reported today financial results for its 2024 fiscal first quarter ended March 31, 2024. The Company reported quarterly net sales of $239.7 million, quarterly net earnings ...
New York Jets Announce Multi-Year Partnership with VitaCholine®
Newsfilter· 2024-05-02 12:00
MONTVALE, N.J., May 02, 2024 (GLOBE NEWSWIRE) -- The New York Jets announced a partnership with VitaCholine, a Balchem Human Nutrition and Health brand of the essential nutrient choline, as Proud Partner of the team. This agreement marks VitaCholine's first sponsorship and the first sponsorship in the Nutritional Ingredient category of a major professional sports team. The multi-year agreement includes entitlement of the New York Jets official website NewYorkJets.com, grants territorial rights in both the U ...
Balchem Corporation to Attend the BMO 19th Annual Global Farm to Market Conference on May 16, 2024
Newsfilter· 2024-05-01 11:00
MONTVALE, N.J., May 01, 2024 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ:BCPC), a global specialty ingredient manufacturer for health and nutrition markets, announced they will attend the BMO 19th Annual Global Farm to Market Conference on May 16, 2024. Ted Harris, Chairman of the Board, President and Chief Executive Officer, Martin Bengtsson, Chief Financial Officer, and Allison Baurichter, Senior Director Investor Relations will attend the conference. About Balchem Corporation Balchem Corporation deve ...
Blachem (BCPC) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-26 15:05
Blachem (BCPC) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on May 3, 2024, might help the stock move higher if these key numbers are better than expectatio ...
Balchem Corporation Releases 2023 Sustainability Report
Newsfilter· 2024-04-22 11:00
MONTVALE, N.J., April 22, 2024 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ:BCPC) today published its 2023 Sustainability Report, highlighting the Company's Corporate Social Responsibility initiatives and accomplishments. Guided by our core values and our vision of making the world a healthier place, our Sustainability Report demonstrates the Company's continuing promise to provide our employees, customers, shareholders and the communities within which we operate with information on Balchem's sustainabil ...
Time to Buy These Top-Rated Basic Materials Stocks Amid an Uptick in Inflationary Data
Zacks Investment Research· 2024-03-18 21:21
An uptick in inflation can of course be beneficial to many basic materials companies as they are often able to capitalize on higher commodity prices.Markets have remained resilient despite February’s CPI (Consumer Price Index) and PPI (Producer Price Index) data coming in hotter than anticipated but it may be time to consider buying several highly ranked basic materials stocks and here are a few to consider.Balchem (BCPC) Boasting a Zacks Rank #1 (Strong Buy) we’ll start with Balchem Corporation which provi ...
Is Balchem (BCPC) Outperforming Other Basic Materials Stocks This Year?
Zacks Investment Research· 2024-03-11 14:46
Group 1 - Blachem (BCPC) is currently ranked 15 in the Zacks Sector Rank for the Basic Materials group, which consists of 237 companies [1] - The Zacks Rank for Blachem is 1 (Strong Buy), indicating a positive earnings outlook [1] - Over the past 90 days, the Zacks Consensus Estimate for BCPC's full-year earnings has increased by 9.8%, reflecting improved analyst sentiment [2] Group 2 - Year-to-date, Blachem has returned approximately 5.2%, outperforming the Basic Materials sector average return of -3% [2] - Blachem belongs to the Chemical - Specialty industry, which is ranked 143 in the Zacks Industry Rank and has an average gain of 8.2% this year, indicating slight underperformance compared to its industry [3] - D S SMITH (DITHF) is another stock in the Basic Materials sector that has outperformed, with a year-to-date return of 43.7% and a Zacks Rank of 2 (Buy) [2][3]
Here's Why Momentum in Blachem (BCPC) Should Keep going
Zacks Investment Research· 2024-03-11 13:51
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...
Can Blachem (BCPC) Run Higher on Rising Earnings Estimates?
Zacks Investment Research· 2024-02-22 18:21
Blachem (BCPC) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.The upward trend in estimate revisions for this chemical company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends ...
What Makes Blachem (BCPC) a New Strong Buy Stock
Zacks Investment Research· 2024-02-22 18:01
Core Viewpoint - Blachem (BCPC) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Outlook - The Zacks rating reflects an upward trend in earnings estimates, which is crucial for stock price movements [1][3]. - Blachem is expected to earn $4.04 per share for the fiscal year ending December 2024, representing a year-over-year increase of 20.6% [5]. Earnings Estimate Revisions - Over the past three months, the Zacks Consensus Estimate for Blachem has increased by 7%, indicating a positive trend in earnings estimates [5]. - The Zacks Rank system effectively utilizes earnings estimate revisions to classify stocks, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [4]. Institutional Investor Influence - Institutional investors play a role in the correlation between earnings estimates and stock price movements, as they adjust their valuations based on these estimates [3]. - The upgrade to Zacks Rank 1 places Blachem in the top 5% of Zacks-covered stocks, suggesting potential for stock price appreciation in the near term [7].