Share on StockTwits

Hardinge (NASDAQ:HDNG) released its earnings data on Thursday. The company reported $0.11 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.13 by $0.02, Stock Ratings News reports. The company had revenue of $78.85 million for the quarter, compared to the consensus estimate of $79.36 million.

Shares of Hardinge (NASDAQ:HDNG) traded down 1.90% on Thursday, hitting $11.37. The stock had a trading volume of 5,635 shares. Hardinge has a 52-week low of $11.33 and a 52-week high of $16.23. The stock’s 50-day moving average is $12.12 and its 200-day moving average is $13.23. The company has a market cap of $145.8 million and a price-to-earnings ratio of 14.76.

The company also recently declared a quarterly dividend, which is scheduled for Wednesday, September 10th. Shareholders of record on Tuesday, September 2nd will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, August 28th.

Hardinge Inc (NASDAQ:HDNG) is a designer, manufacturer and distributor of machine tools, specializing in precision computer numerically controlled metal-cutting machines.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.