SMC (OTCMKTS:SMCAY – Get Free Report) is anticipated to release its results after the market closes on Thursday, November 12th. Analysts expect the company to post earnings of $0.23 per share and revenue of $1.68 billion for the quarter.
SMC (OTCMKTS:SMCAY – Get Free Report) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.10. SMC had a return on equity of 9.40% and a net margin of 21.94%. The firm had revenue of $1.70 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, analysts expect SMC to post $1.06 EPS for the current fiscal year and $1.14 EPS for the next fiscal year.
SMC Stock Performance
Shares of SMC stock opened at $19.78 on Thursday. SMC has a 52-week low of $15.86 and a 52-week high of $27.77. The stock has a market capitalization of $25.27 billion, a price-to-earnings ratio of 19.16, a P/E/G ratio of 1.39 and a beta of 1.19. The company’s 50 day moving average price is $21.63 and its 200-day moving average price is $21.90.
Analyst Ratings Changes
Separately, Zacks Research cut shares of SMC from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold”.
View Our Latest Analysis on SMCAY
About SMC
SMC Corporation, traded over the counter in the United States under the symbol SMCAY, is a Japan-based manufacturer of pneumatic and automation equipment. The company develops products used to control, regulate, and move compressed air and other fluids in industrial production systems.
Its product portfolio includes pneumatic actuators, valves, air-preparation equipment, fittings, tubing, vacuum equipment, sensors, switches, and related control components. SMC also offers electric actuators, temperature-control products, and systems designed for automated material handling and process control.
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