SMC (OTCMKTS:SMCAY – Get Free Report) is expected to announce its results after the market closes on Thursday, November 12th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $1.68 billion for the quarter.
SMC (OTCMKTS:SMCAY – Get Free Report) last released its quarterly earnings results 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 company had revenue of $1.70 billion for the quarter, compared to analyst estimates 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 Up 1.2%
OTCMKTS SMCAY opened at $19.78 on Thursday. The firm has a market capitalization of $25.27 billion, a PE ratio of 19.16, a P/E/G ratio of 1.39 and a beta of 1.19. The stock’s 50 day moving average is $21.63 and its 200 day moving average is $21.90. SMC has a twelve month low of $15.86 and a twelve month high of $27.77.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered SMC from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 6th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold”.
Check Out Our Latest Report on SMCAY
SMC Company Profile
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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