Hollysys Automation Technologies (NASDAQ:HOLI) will be issuing its quarterly earnings data after the market closes on Monday, February 12th. Analysts expect the company to announce earnings of $0.39 per share for the quarter.
Hollysys Automation Technologies (NASDAQ:HOLI) last posted its quarterly earnings data on Monday, November 13th. The industrial products company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.04. The company had revenue of $115.50 million for the quarter. Hollysys Automation Technologies had a return on equity of 9.65% and a net margin of 15.46%. Hollysys Automation Technologies’s revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.37 earnings per share. On average, analysts expect Hollysys Automation Technologies to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Hollysys Automation Technologies (NASDAQ HOLI) opened at $24.48 on Monday. The company has a quick ratio of 2.67, a current ratio of 2.82 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $1,477.17, a P/E ratio of 21.86 and a beta of 1.61. Hollysys Automation Technologies has a 12 month low of $15.08 and a 12 month high of $27.19.
A hedge fund recently raised its stake in Hollysys Automation Technologies stock. State Street Corp boosted its holdings in Hollysys Automation Technologies Ltd (NASDAQ:HOLI) by 17.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,750 shares of the industrial products company’s stock after purchasing an additional 6,142 shares during the quarter. State Street Corp owned about 0.07% of Hollysys Automation Technologies worth $693,000 at the end of the most recent quarter. 70.77% of the stock is currently owned by institutional investors.
WARNING: This piece of content was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/05/hollysys-automation-technologies-holi-scheduled-to-post-quarterly-earnings-on-monday.html.
About Hollysys Automation Technologies
Hollysys Automation Technologies Ltd. is a provider of automation and control technologies, and products. The Company’s segments include Industrial Automation (IA), Rail Transportation (rail), Mechanical and Electrical (M&E), and Miscellaneous. Its technologies are applied through its industrial automation solution suite, including the Distributed Control Systems, Programmable Logic Controller, Real-time Management Information System, HolliAS Asset Management System, Operator Training System, Batch Application Package, Advanced Process Control Package (HolliAS APC Suite), Safety Instrumentation System (SIS), railway signaling system of Train Control Center, Automatic Train Protection, Subway Supervisory and Control platform, nuclear power non-safety automation and control system HolliAs-NMS DCS and other products.
Receive News & Ratings for Hollysys Automation Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hollysys Automation Technologies and related companies with MarketBeat.com's FREE daily email newsletter.