Hexagon (HXGBY) Projected to Release Earnings on Tuesday

Hexagon (OTCMKTS:HXGBY) is anticipated to announce its results before the market opens on Tuesday, October 20th. Analysts expect the company to post earnings of $0.09 per share and revenue of $1.14 billion for the quarter.

Hexagon (OTCMKTS:HXGBY) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. Hexagon had a return on equity of 10.21% and a net margin of 11.66%. The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.14 billion. On average, analysts expect Hexagon to post $0.36 EPS for the current fiscal year and $0.44 EPS for the next fiscal year.

Hexagon Stock Performance

OTCMKTS:HXGBY opened at $10.46 on Friday. The firm has a market cap of $28.08 billion, a price-to-earnings ratio of 43.59 and a beta of 1.40. Hexagon has a 1-year low of $8.00 and a 1-year high of $12.85. The firm’s fifty day moving average price is $10.06 and its 200 day moving average price is $9.86. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.53 and a quick ratio of 1.29.

Analyst Upgrades and Downgrades

Several research firms have recently commented on HXGBY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hexagon in a report on Tuesday, September 1st. Citigroup reiterated a “neutral” rating on shares of Hexagon in a research report on Thursday, July 30th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Hexagon Company Profile

Hexagon AB is a Sweden-based technology company that develops digital reality, measurement, and autonomous solutions for industrial and public-sector applications. Its technologies combine sensors, software, and data analytics to help customers measure physical environments, manage assets, improve productivity, and support data-driven decision-making.

The company operates across areas including manufacturing intelligence, geospatial technology, asset lifecycle intelligence, safety and infrastructure, and autonomous solutions.