SMC (SMCAY) Projected to Post Earnings on Friday

SMC (OTCMKTS:SMCAY) is anticipated to announce 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 announced its quarterly earnings results on Thursday, November 13th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. The company had revenue of $1.36 billion for the quarter, compared to analysts’ expectations 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 Performance

SMC stock opened at $20.26 on Friday. SMC has a fifty-two week low of $14.30 and a fifty-two week high of $21.81. The stock’s 50 day simple moving average is $18.62 and its two-hundred day simple moving average is $17.28. The stock has a market cap of $25.87 billion, a price-to-earnings ratio of 24.11, a PEG ratio of 5.17 and a beta of 0.97.

Analyst Ratings Changes

Separately, Zacks Research lowered 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 MarketBeat, the stock has a consensus 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.