Horiba (OTCMKTS:HRIBF – Get Free Report) announced its earnings results on Friday. The company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.28 by $0.73, Zacks reports. Horiba had a return on equity of 12.08% and a net margin of 10.87%.
Horiba Price Performance
Shares of HRIBF remained flat at $162.47 during mid-day trading on Friday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.94 and a quick ratio of 2.11. The company has a market capitalization of $6.82 billion, a price-to-earnings ratio of 27.54 and a beta of 0.23. The firm has a 50-day moving average of $160.44 and a 200 day moving average of $137.92. Horiba has a 52 week low of $73.11 and a 52 week high of $166.67.
Horiba Company Profile
Horiba Ltd. is a diversified manufacturer specializing in precision instruments for measurement, analysis and process control. The company’s product portfolio spans a broad spectrum of industries, including automotive testing, environmental monitoring, semiconductor process engineering and medical diagnostics. By leveraging advanced sensing technologies and software integration, Horiba enables customers to obtain reliable data for research, development, compliance and quality assurance purposes.
In the automotive sector, Horiba offers dynamometers, emission measurement systems and powertrain testing equipment that help manufacturers and regulatory agencies evaluate fuel efficiency and exhaust emissions.
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