Basic Materials News Buzzer – Balchem Corporation (NASDAQ:BCPC)

Balchem Corporation (NASDAQ:BCPC) stock opened at $80.92 and $79.99 reached to be the low of the day. The stock moved towards an intraday high of $81.26. It closed at $80.59, notching a fall of -0.40% for the day. The total traded volume was 79.27 thousand shares. The stock had closed at $80.91 in the previous session. The company has market worth of 2.56B.

A look at performance overview of BCPC depicts that Performance for Week is -1.95% while Performance for Month is 2.31%. Quarterly performance shows a value of -4.33% and Half Year Performance value stands at 12.79%. Analyst mean rating score for this stock stands at 3.30.

Balchem Corporation (NASDAQ:BCPC) today reported for the first quarter 2017 net earnings of $15.5 million, compared to net earnings of $11.9 million for the first quarter 2016. Adjusted net earnings were $18.9 million, compared to $18.4 million in the prior year quarter.

First Quarter 2017 Financial Highlights:

Net sales of $137.7 million for first quarter 2017, an increase of 1.9%, compared to the first quarter of 2016. Record first quarter net earnings were $15.5 million, an increase of $3.6 million, or 30.6% from the prior year, resulting in earnings per share of $0.48.

First quarter adjusted net earnings of $18.9 million increased $0.5 million or 2.7% from the prior year, resulting in adjusted earnings per share of $0.59. Record first quarter sales and earnings from operations for our Human Nutrition & Health and Specialty Products segments, along with an increase in both sales and earnings from operations for our Industrial Products segment compared to the first quarter 2016.

First quarter cash flows from operations generated $22.8 million for 2017 compared to $29.3 million for 2016. Free cash flow(a) for the first quarter 2017 was $19.9 million compared to $18.7 million for the first quarter 2016, an increase of $1.2 million.   Net principal payments made, including accelerated payments, of $11.8 million on long-term debt and the revolving loan.

Balchem (BCPC) stock stands -1.52% away from its 50-day simple moving average and also 4.03% away from the 200-day average. Recently, the company stands -9.96% away from the 52-week high and 43.04% from the 52-week low. The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 50.10.

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.

About the Author

Joseph Bender
Joseph Bender
Joseph Bender is a senior author and journalist of, a leading stocks and markets website. He has more than 5 years of experience in institutional investment markets, including fixed income, equities, derivatives and real estate. Joseph has a Bachelor in Business Administration with a major in Finance. He bought his first stocks in a private business at age 15 and made his first public stock trade at 23. He has always been interested in the stock market and how it behaves. As the dad of two children, he’s made saving money and investing for them a high priority. Over many years of investing, he has made some wise choices and he’s made many mistakes. But he’s learned from both. Mr. Joseph observations and experience give him the insight to stock market patterns and the investor behaviors that create them. Email Contact -

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