SMC (SMCAY) Projected to Post Earnings on Friday

SMC (OTCMKTS:SMCAY) is anticipated to issue its results before the market opens on Friday, February 13th. Analysts expect the company to announce earnings of $0.19 per share and revenue of $207.2540 billion for the quarter.

SMC (OTCMKTS:SMCAY) last issued its earnings results on Thursday, November 13th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. The business had revenue of $1.36 billion for the quarter, compared to analyst estimates of $197.83 billion. SMC had a net margin of 19.72% and a return on equity of 7.87%. On average, analysts expect SMC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SMC Stock Up 3.5%

Shares of SMCAY opened at $22.35 on Wednesday. The company has a 50-day moving average price of $18.86 and a two-hundred day moving average price of $17.35. The stock has a market cap of $28.55 billion, a price-to-earnings ratio of 26.61, a P/E/G ratio of 5.46 and a beta of 0.97. SMC has a 12 month low of $14.30 and a 12 month high of $22.40.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut SMC from a “hold” rating to a “strong sell” rating in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has an average rating of “Sell”.

About SMC

SMC Corporation manufactures, processes, and sells automatic control equipment, sintered filters, and various types of filtration equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotatory actuators/air grippers, electric actuators/cylinders, fitting and tubing, and modular F.R.L./pressure control equipment, as well as vacuum, air preparation, and lubrication equipment. It also provides flow control equipment, speed controllers, silencers/exhaust/blow guns/pressure gauges, switches/sensors/controllers, static neutralization equipment, and industrial device communication equipment/wireless system.