SMC (SMCAY) Projected to Post Quarterly Earnings on Friday

SMC (OTCMKTS:SMCAY) will likely be releasing its results before the market opens on Friday, February 13th. Analysts expect SMC to post earnings of $0.19 per share and revenue of $207.2540 billion for the quarter.

SMC (OTCMKTS:SMCAY) last posted its quarterly earnings results on Thursday, November 13th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $197.83 billion. SMC had a return on equity of 7.87% and a net margin of 19.72%. On average, analysts expect SMC to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SMC Price Performance

Shares of OTCMKTS:SMCAY opened at $20.26 on Friday. SMC has a 1 year low of $14.30 and a 1 year high of $21.81. The company has a market cap of $25.87 billion, a P/E ratio of 24.11, a PEG ratio of 5.17 and a beta of 0.97. The stock’s fifty day moving average price is $18.62 and its 200-day moving average price is $17.28.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of SMC from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has an average rating of “Sell”.

SMC Company Profile

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.