Wall Street analysts expect Hollysys Automation Technologies Ltd. (NASDAQ:HOLI) to announce $0.44 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Zero analysts have made estimates for Hollysys Automation Technologies’ earnings. Hollysys Automation Technologies reported earnings of $0.04 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 1,000%. The company is expected to issue its next quarterly earnings report on Thursday, August 12th.
On average, analysts expect that Hollysys Automation Technologies will report full-year earnings of $1.73 per share for the current financial year, with EPS estimates ranging from $1.69 to $1.77. For the next financial year, analysts forecast that the business will post earnings of $2.00 per share, with EPS estimates ranging from $1.86 to $2.13. Zacks’ earnings per share averages are an average based on a survey of analysts that cover Hollysys Automation Technologies.
Hollysys Automation Technologies (NASDAQ:HOLI) last announced its quarterly earnings data on Wednesday, May 12th. The industrial products company reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.13). The business had revenue of $109.91 million during the quarter. Hollysys Automation Technologies had a net margin of 12.34% and a return on equity of 6.62%.
Shares of HOLI stock traded up $0.22 during mid-day trading on Friday, hitting $13.79. The company had a trading volume of 6,369 shares, compared to its average volume of 278,946. The stock has a market capitalization of $834.81 million, a P/E ratio of 12.08 and a beta of 0.92. The company has a 50 day simple moving average of $13.19. Hollysys Automation Technologies has a 52-week low of $9.83 and a 52-week high of $16.31. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.23 and a quick ratio of 3.11.
Institutional investors and hedge funds have recently bought and sold shares of the stock. FIL Ltd grew its holdings in shares of Hollysys Automation Technologies by 113.1% in the first quarter. FIL Ltd now owns 3,915,686 shares of the industrial products company’s stock worth $49,024,000 after purchasing an additional 2,077,798 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Hollysys Automation Technologies during the 1st quarter valued at $13,551,000. Norges Bank purchased a new position in shares of Hollysys Automation Technologies during the fourth quarter valued at $14,055,000. Schroder Investment Management Group lifted its stake in Hollysys Automation Technologies by 29.9% in the fourth quarter. Schroder Investment Management Group now owns 2,924,302 shares of the industrial products company’s stock worth $42,958,000 after acquiring an additional 672,386 shares during the period. Finally, Citigroup Inc. increased its position in Hollysys Automation Technologies by 100.9% during the 1st quarter. Citigroup Inc. now owns 561,622 shares of the industrial products company’s stock valued at $7,032,000 after purchasing an additional 282,078 shares during the period. Institutional investors own 77.54% of the company’s stock.
Hollysys Automation Technologies Company Profile
Hollysys Automation Technologies Ltd. provides automation solutions in the People's Republic of China, Southeast Asia, India, and the Middle East. The company offers a suite of industrial automation systems, including third-party hardware-centric products, such as instrumentation and actuators; proprietary software-centric distributed control systems/programmable logic controllers; and valued-added software packages comprising real-time management information system, HolliAS asset management system, operator training system, HolliAS batch application package, HolliAS advanced process control package, and safety instrumentation system, as well as HOLLiAS MACS-N DCS, a proprietary nuclear power non-safety automation and control system.
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