Horiba (OTCMKTS:HRIBF – Get Free Report) announced its quarterly earnings results on Friday. The company reported $2.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.73, Zacks reports. Horiba had a net margin of 10.87% and a return on equity of 12.08%.
Horiba Stock Performance
Shares of HRIBF stock remained flat at $162.47 during trading hours on Friday. The company has a current ratio of 2.94, a quick ratio of 2.11 and a debt-to-equity ratio of 0.11. The firm has a market cap of $6.82 billion, a price-to-earnings ratio of 27.54 and a beta of 0.23. Horiba has a 12-month low of $73.11 and a 12-month high of $166.67. The business has a 50-day moving average of $160.44 and a 200-day moving average of $137.92.
About Horiba
Horiba Ltd. is a diversified manufacturer specializing in precision instruments for measurement, analysis and process control. The company’s product portfolio spans a broad spectrum of industries, including automotive testing, environmental monitoring, semiconductor process engineering and medical diagnostics. By leveraging advanced sensing technologies and software integration, Horiba enables customers to obtain reliable data for research, development, compliance and quality assurance purposes.
In the automotive sector, Horiba offers dynamometers, emission measurement systems and powertrain testing equipment that help manufacturers and regulatory agencies evaluate fuel efficiency and exhaust emissions.
Featured Stories
- Five stocks we like better than Horiba
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Horiba Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Horiba and related companies with MarketBeat.com's FREE daily email newsletter.
