Hon Hai Precision Industry Co., Ltd. Sponsored GDR (HNHPF) Projected to Announce Quarterly Earnings on Thursday

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) is expected to post its results before the market opens on Thursday, November 12th. Analysts expect the company to announce earnings of $0.3078 per share and revenue of $88.05 billion for the quarter.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Price Performance

Hon Hai Precision Industry Co., Ltd. Sponsored GDR stock opened at $14.74 on Thursday. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a fifty-two week low of $11.50 and a fifty-two week high of $20.26. The stock has a fifty day moving average of $15.62 and a two-hundred day moving average of $15.11.

Analyst Ratings Changes

Separately, Barclays reaffirmed an “overweight” rating and issued a $23.00 price objective on shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR in a research note on Thursday, August 20th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $23.00.

About Hon Hai Precision Industry Co., Ltd. Sponsored GDR

Hon Hai Precision Industry Co, Ltd., also known as Foxconn, is a Taiwan-based electronics manufacturing services and technology company. It provides design, manufacturing, assembly, and supply-chain services for a broad range of products, including smartphones, computers, consumer electronics, servers, networking equipment, and other electronic devices.

The company also develops and manufactures electronic components, connectors, printed circuit board assemblies, and products used in cloud computing and communications infrastructure.