Hexagon (HXGBY) Projected to Post Earnings on Friday

Hexagon (OTCMKTS:HXGBY) will likely be issuing its resultson Friday, July 24th. Analysts expect Hexagon to announce earnings of $0.08 per share and revenue of $1.1463 billion for the quarter.

Hexagon (OTCMKTS:HXGBY) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.11 by ($0.03). The company had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.50 billion. Hexagon had a return on equity of 9.74% and a net margin of 40.44%. On average, analysts expect Hexagon to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Hexagon Trading Down 0.4%

Shares of HXGBY stock opened at $8.12 on Wednesday. The company’s 50-day moving average price is $9.45 and its 200-day moving average price is $10.31. The company has a current ratio of 3.44, a quick ratio of 3.26 and a debt-to-equity ratio of 0.19. The stock has a market cap of $21.80 billion, a price-to-earnings ratio of 9.33 and a beta of 1.44. Hexagon has a twelve month low of $8.00 and a twelve month high of $12.85.

Analyst Ratings Changes

HXGBY has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Hexagon in a report on Monday, April 13th. Barclays cut Hexagon from a “hold” rating to an “underweight” rating in a research note on Thursday, June 18th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Hexagon Company Profile

Hexagon AB (publ) is a Sweden-based global provider of digital reality solutions, combining sensor, software and autonomous technologies. The company develops measurement instruments, software and data analytics platforms that enable customers to capture, process and visualize information about physical assets, infrastructure and environments. Hexagon’s offerings are designed to improve productivity and quality in sectors such as manufacturing, construction, surveying, agriculture, mining, public safety and utilities.

The company’s hardware portfolio includes positioning and dimensioning sensors, laser scanners, GNSS receivers and total stations used for surveying and geospatial data acquisition.