BCPC Stock Summary and Trading Ideas (Balchem | NASDAQ:BCPC)

Balchem Corp is engaged in the development, manufacture, and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) The Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) The Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.

Balchem trades on the NASDAQ stock market under the symbol BCPC.

As of April 23, 2024, BCPC stock price climbed to $144.69 with 20,450 million shares trading.

BCPC has a beta of 1.27, meaning it tends to be more sensitive to market movements. BCPC has a correlation of 0.42 to the broad based SPY ETF.

BCPC has a market cap of $4.66 billion. This is considered a Mid Cap stock.

Last quarter Balchem reported $229 million in Revenue and $.95 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.02.

In the last 3 years, BCPC stock traded as high as $174.29 and as low as $110.15.

The top ETF exchange traded funds that BCPC belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

BCPC has underperformed the market in the last year with a price return of +13.1% while the SPY ETF gained +24.2%. BCPC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.3% and -5.3%, respectively, while the SPY returned +4.8% and -2.6%, respectively.

BCPC support price is $141.67 and resistance is $145.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCPC stock will trade within this expected range on the day.