SMC (SMCAY) Projected to Post Earnings on Friday

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

SMC Price Performance

SMC stock opened at $22.30 on Thursday. The stock has a market capitalization of $28.49 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 5.66 and a beta of 0.97. SMC has a 12 month low of $14.30 and a 12 month high of $22.77. The business has a 50 day simple moving average of $18.95 and a 200-day simple moving average of $17.39.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of SMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company presently 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.