Industrial Sales Boost Balchem Corporation's Bottom Line
Balchem Corporation (NASDAQ: BCPC) recently reported earnings for the third quarter of 2017, and results showed some surprising strength for the industrial manufacturer. Not only were human health and nutrition sales up, but industrial sales to energy companies are also picking up again.
Here's a look at the headline numbers and then a breakdown of what went well, and what didn't, at Balchem last quarter.
Image source: Getty Images.
Source: Fool.com
Balchem Corp. B Stock
€159.70
-0.870%
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 165 € shows a slightly positive potential of 3.32% compared to the current price of 159.7 € for Balchem Corp. B.
