Hexagon (OTCMKTS:HXGBY) Posts Earnings Results

Hexagon (OTCMKTS:HXGBY) issued its quarterly earnings data on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03), Zacks reports. Hexagon had a return on equity of 10.86% and a net margin of 11.26%.The company had revenue of $1.13 billion for the quarter, compared to the consensus estimate of $1.50 billion.

Hexagon Trading Up 0.2%

Shares of Hexagon stock opened at $11.10 on Friday. The stock’s 50-day simple moving average is $10.48 and its 200 day simple moving average is $11.28. Hexagon has a 52-week low of $9.19 and a 52-week high of $12.85. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.87 and a current ratio of 1.01. The stock has a market capitalization of $29.80 billion, a P/E ratio of 46.25 and a beta of 1.42.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hexagon in a research note on Monday, April 13th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average 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.