Hutchinson Technology Incorporated (HTCH) Scheduled to Post Quarterly Earnings on Tuesday
Hutchinson Technology Incorporated (NASDAQ:HTCH) will issue its quarterly earnings data on Tuesday, January 28th. Investors that wish to register for the company’s conference call can do so using this link.
Hutchinson Technology Incorporated (NASDAQ:HTCH) last issued its quarterly earnings data on Thursday, October 31st. The company reported ($0.40) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.24) by $0.16. The company had revenue of $63.65 million for the quarter, compared to the consensus estimate of $64.60 million. During the same quarter in the previous year, the company posted ($0.54) earnings per share. The company’s revenue for the quarter was up .1% on a year-over-year basis. On average, analysts expect Hutchinson Technology Incorporated to post $-0.86 EPS for the current fiscal year and $-0.19 EPS for the next fiscal year.
Hutchinson Technology Incorporated (NASDAQ:HTCH) opened at 4.03 on Monday. Hutchinson Technology Incorporated has a 52 week low of $2.27 and a 52 week high of $6.69. The stock has a 50-day moving average of $3.37 and a 200-day moving average of $3.61. The company’s market cap is $113.0 million.
On a related note, analysts at Thomson Reuters/Verus upgraded shares of Hutchinson Technology Incorporated from a “sell” rating to a “hold” rating in a research note to investors on Monday, January 20th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $5.00.
Hutchinson Technology Incorporated (NASDAQ:HTCH) is a global technology company engaged in developing solutions to customer problems.
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