ASSA ABLOY AB (publ) (OTCMKTS:ASAZY – Get Free Report) posted its quarterly earnings data on Wednesday. The industrial products company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.04), Yahoo Finance reports. The firm had revenue of $3.59 billion for the quarter. ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%.
ASSA ABLOY AB (publ) Stock Performance
OTCMKTS:ASAZY traded up $0.07 during trading hours on Friday, hitting $15.69. 56,893 shares of the company traded hands, compared to its average volume of 117,283. The stock has a market capitalization of $34.91 billion, a price-to-earnings ratio of 25.31, a P/E/G ratio of 1.65 and a beta of 1.11. ASSA ABLOY AB has a twelve month low of $10.24 and a twelve month high of $17.03. The firm has a 50-day moving average of $16.00 and a 200 day moving average of $14.90. The company has a current ratio of 1.13, a quick ratio of 0.70 and a debt-to-equity ratio of 0.52.
ASSA ABLOY AB (publ) Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 8th will be paid a dividend of $0.1297 per share. The ex-dividend date is Friday, November 8th. ASSA ABLOY AB (publ)’s payout ratio is currently 24.19%.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on ASSA ABLOY AB (publ)
About ASSA ABLOY AB (publ)
ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.
Further Reading
- Five stocks we like better than ASSA ABLOY AB (publ)
- The Significance of Brokerage Rankings in Stock Selection
- Texas Roadhouse Stock Steering for New Highs This Year
- Compound Interest and Why It Matters When Investing
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- Pros And Cons Of Monthly Dividend Stocks
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
Receive News & Ratings for ASSA ABLOY AB (publ) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ASSA ABLOY AB (publ) and related companies with MarketBeat.com's FREE daily email newsletter.