Hexagon (HXGBY) Projected to Post Quarterly Earnings on Friday

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

Hexagon (OTCMKTS:HXGBY) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.03). The company had revenue of $1.13 billion for the quarter, compared to analyst estimates 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 Hexagon stock opened at $8.16 on Thursday. The company has a 50 day moving average price of $9.41 and a 200 day moving average price of $10.29. The firm has a market capitalization of $21.90 billion, a P/E ratio of 9.38 and a beta of 1.44. The company has a quick ratio of 3.26, a current ratio of 3.44 and a debt-to-equity ratio of 0.19. Hexagon has a 52 week low of $8.00 and a 52 week high of $12.85.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Hexagon in a report on Monday, April 13th. Barclays lowered shares of Hexagon from a “hold” rating to an “underweight” rating in a report on Thursday, June 18th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Hexagon currently 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.