Hexagon (HXGBY) to Release Earnings on Friday

Hexagon (OTCMKTS:HXGBY) is expected to release its resultson Friday, July 24th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $1.1463 billion for the quarter.

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

Hexagon Stock Performance

Shares of HXGBY stock opened at $8.25 on Friday. The firm has a market cap of $22.15 billion, a price-to-earnings ratio of 9.48 and a beta of 1.44. Hexagon has a 52-week low of $8.00 and a 52-week high of $12.85. The company has a quick ratio of 3.26, a current ratio of 3.44 and a debt-to-equity ratio of 0.19. The company’s 50 day moving average is $9.57 and its 200 day moving average is $10.39.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Hexagon in a research report on Monday, April 13th. Barclays lowered Hexagon from a “hold” rating to an “underweight” rating in a research note on Thursday, June 18th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus 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.