Hexagon (HXGBY) Set to Release Quarterly Earnings on Tuesday

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

Hexagon (OTCMKTS:HXGBY) last posted its quarterly earnings results on Wednesday, July 29th. The company reported $0.09 EPS for the quarter, beating 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 Down 0.1%

Hexagon stock opened at $10.46 on Monday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.53 and a quick ratio of 1.29. Hexagon has a 1-year low of $8.00 and a 1-year high of $12.85. The company has a market cap of $28.08 billion, a PE ratio of 43.59 and a beta of 1.40. The stock’s 50 day moving average price is $10.06 and its 200 day moving average price is $9.86.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Hexagon in a research report on Tuesday, September 1st. Citigroup restated 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 given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Hexagon presently has a consensus rating of “Hold”.

Hexagon Company Profile

Hexagon AB is a Sweden-based technology company that develops digital reality, geospatial, and industrial intelligence solutions. Its products combine sensors, software, and autonomous technologies to help customers measure, design, manufacture, monitor, and manage physical environments and industrial operations.

The company serves industries including surveying and construction, manufacturing, infrastructure, mining, agriculture, public safety, and transportation. Its offerings include surveying instruments, positioning and measurement systems, 3D laser scanning, computer-aided manufacturing software, quality management tools, industrial asset management solutions, and digital twin technologies.