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].

Investors interested in Basic Materials stocks should always be looking to find the best-performing companies in the group. Is Blachem (BCPC) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Blachem is one of 236 companies in the Basic Materials group. The Basic Materials group currently sits at #15 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the in ...

Investors interested in stocks from the Chemical - Specialty sector have probably already heard of Celanese (CE) and Blachem (BCPC) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to id ...

Blachem (BCPC) came out with quarterly earnings of $0.82 per share, missing the Zacks Consensus Estimate of $0.87 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.75%. A quarter ago, it was expected that this chemical company would post earnings of $0.91 per share when it actually produced earnings of $0.90, delivering a surprise of -1.10%.Over the last four quarters, the company ...

Balchem Corporation (NASDAQ:BCPC) Q4 2023 Earnings Conference Call February 16, 2024 11:00 AM ET Company Participants Martin Bengtsson - CFO Ted Harris - Chairman, President and CEO Conference Call Participants Bob Labick - CJS Securities Kyle May - Sidoti Operator Greetings, and welcome to the Balchem Corporation Fourth Quarter and Year End 2023 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Martin Bengtsson, ...

MONTVALE, N.J., Feb. 16, 2024 (GLOBE NEWSWIRE) -- Balchem Corporation (NASDAQ:BCPC) reported today financial results for its 2023 fiscal fourth quarter ended December 31, 2023. The Company reported quarterly net sales of $228.7 million, quarterly net earnings of $26.6 million, adjusted EBITDA(a) of $55.4 million, and free cash flow(a) of $56.0 million. Ted Harris, Chairman, CEO, and President of Balchem said, "The fourth quarter capped off another solid year for Balchem. We delivered record fourth quarter a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission file number: 1-13648 ____________________________________________________________________________________________________________ ...

The market expects Blachem (BCPC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

If you’re wondering if there are any worthwhile food stocks to own currently, look no further. Food stocks saw collective investor enthusiasm fall off a cliff in recent years. The plant-based meat products largely proved a bust as consumers made their preference for “real meat” known. But that doesn’t mean we need to throw the baby out with the soy-flavored bathwater.Beyond (pun intended) the misguided push for meat alternatives, a real and organic (also pun intended) movement is actively springing up aroun ...

Investor Presentation Q3 2023 Safe Harbor Statement • During the course of this presentation, management may make forward-looking statements regarding financial performance and future events. • We will attempt to identify these statements by use of words such as expect, believe, anticipate, intend, and other words that denote future events. You should understand that, even though our forward-looking statements are based on assumptions we believe are reasonable when made, they are still subject to uncertaint ...