The Stock of the Month for September is Balchem Corp (BCPC).
Balchem provides specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, and medical sterilization industries in the United States and internationally. Believe it or not, every time you eat cereal, you are using Balchem's products. As you can see by the graph and my analysis, there are signs of a bullishness.
On the fundamental side, Balchem is very strong. As of June 30, 2010, BCPC has $200,339 worth of assets, and only $34,928 in liabilities (including $1,308 in short term debt and $3,815 in long term debt). Balchem has significantly lowered its debt positions which is a very good sign of stability and a very low, low risk of default. BCPC's PEG (price/earnings growth) is 1.83. This is a good sign of growth in the future. EPS is $1 (very good), P/E is around 25. BCPC pays a weak dividend of .3%, but the company is well run and managed which shows in its continued success at beating estimates.
Invest Chief's 12 month projection for Balchem is $30.75. Watch for updated news and earnings. We will keep keep updating the status of Balchem as updates occur.
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