Are Analysts Bullish about Balchem Corporation (NASDAQ:BCPC) after last week?

December 7, 2017 - By Dolores Ford

 Are Analysts Bullish about Balchem Corporation (NASDAQ:BCPC) after last week?
Investors sentiment decreased to 1.14 in 2017 Q2. Its down 0.02, from 1.16 in 2017Q1. It dropped, as 20 investors sold Balchem Corporation shares while 56 reduced holdings. 24 funds opened positions while 63 raised stakes. 26.48 million shares or 2.22% less from 27.08 million shares in 2017Q1 were reported.
Raymond James Services Advisors invested in 46,930 shares or 0.03% of the stock. Jpmorgan Chase & Co, New York-based fund reported 20,758 shares. Piedmont Inv Advsrs Limited Com has 0.01% invested in Balchem Corporation (NASDAQ:BCPC) for 6,890 shares. Sector Pension Invest Board accumulated 16,367 shares. Conestoga Capital Advsr Limited Liability Com has 1.45% invested in Balchem Corporation (NASDAQ:BCPC) for 358,044 shares. Millennium Mngmt holds 4,774 shares. Citigroup stated it has 13,959 shares. Barclays Public Limited Com, United Kingdom-based fund reported 7,635 shares. Aperio Limited Liability Co, a California-based fund reported 9,393 shares. Segall Bryant & Hamill Ltd Liability Corp reported 0.72% stake. Bath Savings Tru reported 61,450 shares. Tci Wealth Advisors invested in 8 shares. State Street has invested 0.01% in Balchem Corporation (NASDAQ:BCPC). Raymond James & Assoc reported 38,793 shares. Victory Capital Mngmt accumulated 2,130 shares.

Since June 15, 2017, it had 0 buys, and 1 insider sale for $207,334 activity.

Balchem Corporation (NASDAQ:BCPC) Ratings Coverage

Among 2 analysts covering Balchem (NASDAQ:BCPC), 0 have Buy rating, 1 Sell and 1 Hold. Therefore 0 are positive. Balchem had 3 analyst reports since March 8, 2016 according to SRatingsIntel. The stock has “Sell” rating by Pivotal Research on Friday, August 4. The company was downgraded on Tuesday, March 8 by Sidoti. The stock of Balchem Corporation (NASDAQ:BCPC) has “Sell” rating given on Friday, November 4 by Pivotal Research. Below is a list of Balchem Corporation (NASDAQ:BCPC) latest ratings and price target changes.

04/08/2017 Broker: Pivotal Research Rating: Sell New Target: $60.0000 Maintain

The stock decreased 0.24% or $0.2 during the last trading session, reaching $84.53. About 69,983 shares traded. Balchem Corporation (NASDAQ:BCPC) has risen 37.77% since December 7, 2016 and is uptrending. It has outperformed by 21.07% the S&P500.

Balchem Corporation develops, manufactures, and markets specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, and medical sterilization industries in the United States and internationally. The company has market cap of $2.71 billion. The companyÂ’s Human Nutrition & Health segment offers creamer systems, dairy replacers, powdered fats, nutritional beverage bases, beverages, juice and dairy bases, chocolate systems, ice cream bases and variegates, cereals, grain based snacks, and cereal based ingredients; microencapsulation solutions; and human grade choline nutrients and mineral amino acid chelated products for wellness applications. It has a 42.69 P/E ratio. The Company’s Animal Nutrition & Health segment provides microencapsulated products that enhance health and milk production in ruminant animals; chelation technology, which provides enhanced nutrient absorption for species; and choline chloride, an essential nutrient for monogastric animal health.

More notable recent Balchem Corporation (NASDAQ:BCPC) news were published by: Seekingalpha.com which released: “Balchem’s (BCPC) CEO Ted Harris on Q1 2017 Results – Earnings Call Transcript” on May 13, 2017, also Globenewswire.com with their article: “Balchem Corporation Reports Third Quarter Sales of $150.7 Million with Record …” published on November 07, 2017, Fool.com published: “Health Products Drive Balchem Corporation’s Growth” on March 01, 2017. More interesting news about Balchem Corporation (NASDAQ:BCPC) were released by: Globenewswire.com and their article: “Balchem Corporation Acquires Innovative Food Processors, Inc.” published on June 02, 2017 as well as Globenewswire.com‘s news article titled: “Balchem Corporation Announces Quarterly Conference Call for Second Quarter …” with publication date: July 25, 2017.

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